Monthly Archives: December 2010

DENVER, CO - December 7, 2010 - (RealEstateRama) -- Kentwood Real Estate, Colorado’s Premier Real Estate Company, has surpassed $1 billion in total sales volume for 2010. The landmark milestone, recorded in mid-November, was the leading real estate firm’s tenth such accomplishment and firmly establishes Kentwood Real Estate as a national leader in marketing expertise and customer service. Kentwood’s total sales volume through mid-November was $1,050,247,563 representing a total of 2,404 real estate transactions. After nine consecutive years of posting more than $1 billion in sales, Kentwood Real Estate recorded more than $900 million in total sales volume in 2009, which still ranked 95th in the United States with only 157 real estate agents

WASHINGTON, DC - December 7, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to the Coquille Valley Hospital District in Coquille, Oregon. The $22 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

WASHINGTON, DC - December 7, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to the Effingham County Hospital Authority in Springfield, Georgia. The $31 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

Denver, CO The U.S. Green Building Council (USGBC) congratulates the National League of Cities (NLC) and its membership for its leadership in endorsing a national green building policy agenda that calls on the federal government to support critical green building efforts that are working to help cities save money, save energy and create jobs

SHERMAN, TX - December 7, 2010 - (RealEstateRama) -- Representatives of American Bank of Texas and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented a $14,000 Partnership Grant Program (PGP) award to Four Rivers Outreach on Friday, December 3, 2010. The grant will assist with operational costs associated with the Four Rivers Outreach men’s transitional living center. The staff and Board of Directors of Four Rivers Outreach were accompanied by Bill Magers, Mayor of the City of Sherman, and Robin McCoy, regional coordinator for State Senator Craig Estes.

Washington, D.C. - December 7, 2010 - (RealEstateRama) -- Over the last several years there has been increasing demand for housing options within close proximity to public transit, employment centers, retail and entertainment options, and access to open space for recreation. Houses with porches that allow for more neighborhood connection, durable and low-maintenance products for home exteriors, sustainable features and solar reflective roofs also remain popular.

EUGENE, OR - December 7, 2010 - (RealEstateRama) --Green Fox Realty and IDX, Inc. have joined forces to deliver potential Cary, North Carolina buyers with an innovative and updated IDX enabled website. As a member of the Triangle MLS (TMLS), real estate agent Aaron Lee has long had access to the detailed property listings TMLS has. But now, the revolutionary IDX solution Lee has integrated onto his website displays TMLS listings directly on the convenient real estate search page he supports. Home seekers can experience a thorough and comprehensive online real estate search without leaving the comfort of their homes or the convenience of the search page Lee hosts

WASHINGTON, D.C. - December 7, 2010 - (RealEstateRama) -- On Monday, December 6, 2010, The Mortgage Bankers Association, (MBA) submitted the attached comment letter to the Federal Housing Administration (FHA) on the proposed guidance for the Department of Housing and Urban Development (HUD), Federal Housing Administration Single Family Insurance process: Eligibility, Indemnification, and Termination. The proposed rule, which would affect lenders who participate in the Lender Insurance (LI) process, would provide more stringent indemnification requirements regarding mortgagee indemnification to HUD

Est Hartford, CT - December 7, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA is announcing a new series of webinars titled “The Nuts and Bolts Of Real Estate Investing.” These webinars run for 30 minutes, and there will be multiple dates in the series. This event is free for CT REIA members. Non-members require CT REIA membership to receive access to this webinar series.

WASHINGTON, DC - December 7, 2010 - (RealEstateRama) -- The San Francisco Housing Authority (SFHA) will reinstate a Native American family’s rental assistance under a voluntary agreement with the U.S. Department of Housing and Urban Development (HUD) that settles allegations that?SFHA employees said they did not work with Indian tribes and refused to accept the family’s tribal documents.

EUGENE, OR - December 7, 2010 - (RealEstateRama) -- EUGENE, ORE. – St. Louis, Missouri homes are now available for every potential buyer to search through online, with the IDX enabled website of Johanna Dueren. The search capabilities IDX Broker software has displayed on her website make it simple to search through thousands of Mid America Regional Info Systems (MARIS) online. Never before has such a dynamic online real estate search been so easy to use and accessible to everyone.

McLean, VA - December 7, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it expects to begin providing on a monthly basis pool-level delinquency disclosures on its single-family Mortgage Participation Certificate (PC) and Giant PC securities

NASHVILLE, TN - December 6, 2010 - (RealEstateRama) -- Tennessee Fire Marshal Leslie A. Newman wants to remind Tennesseans to keep safe and warm, as winter sets in across the state. But she urges residents to be cautious in the use of alternative heat sources

WASHINGTON, D.C. - December 6, 2010 - (RealEstateRama) -- With consumer interest in environmentally sustainable homes remaining strong despite the economic downturn, the New York State Energy Research and Development Authority (NYSERDA) is formally announcing a program to spur the building and certification of more green homes across the state.

PORTLAND, OR - December 6, 2010 - (RealEstateRama) -- Beniamin Lucian Lucescu, 41, of Portland, Oregon, was convicted yesterday of the crimes of bank fraud and wire fraud following a three-day jury trial. Lucescu is scheduled to appear before U.S. District Judge Michael W. Mosman on February 11, 2011 for sentencing on these charges.

HELENA, MT - December 6, 2010 - (RealEstateRama) -- Governor Brian Schweitzer has ordered that all flags on property of the State of Montana be flown at half staff on Tuesday, December 7th, 2010, to honor the memory of Montana State Highway Patrol T...

New York, NY - December 6, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) and Gramercy Capital Corp. (NYSE: GKK) today announced an agreement for SL Green to purchase investments from Gramercy Capital Corp. for an aggregate price of $390.8 million, including the assumption of $265.6 million in debt. The transactions, which are expected to close within the next 90 days, are subject to the satisfaction of certain conditions

Des Plaines, IL - December 6, 2010 - (RealEstateRama) -- Homes react to weather changes, too, and the National Association of the Remodeling Industry has tips that can help homeowners protect their homes this winter and prevent minor trouble spots from becoming major repairs

MONROE, LA - December 6, 2010 - (RealEstateRama) -- Ouachita Independent Bank (OIB), Community Trust Bank, Progressive Bank, Richland State Bank, Cross Keys Bank, BancorpSouth Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) are pleased to announce they have awarded $24,000 in Partnership Grant Program (PGP) awards to Family Promise of Ouachita (Family Promise). The checks were presented during a media event at OIB on Wednesday, December

Los Angeles, CA - December 6, 2010 - (RealEstateRama) -- Brett White, Chief Executive Officer of CB Richard Ellis Group, Inc., has been selected as Service Company Executive of the Year in Commercial Property Executive's 2010 CPE Executive of the Year Awards. This year’s selection marks Mr. White’s third time receiving this prestigious award

LOS ANGELES, CA - December 6, 2010 - (RealEstateRama) -- With a new criminal case being filed this morning, federal authorities have now charged three defendants for their roles in a foreclosure rescue scam that promised the owners of hundreds of distressed properties that they could indefinitely postpone foreclosure sales.

Nashville, TN - December 6, 2010 - (RealEstateRama) -- Morris Property Management, an Associa company, is proud to announce that Bill Chance, Michael Hagewood, Matthew Purvis and Bethann Saggese have all earned their Certified Manager of Community Associations (CMCA) designations. The CMCA designation is issued by the National Board of Certification for Community Association Managers (NBC-CAM).

TALLAHASSEE, FL - December 6, 2010 - (RealEstateRama) -- Attorney General Bill McCollum and the Florida Interagency Mortgage Task Force today hosted a community forum in Kissimmee to discuss the housing crisis. The event was designed to present a comprehensive approach for dealing with housing-related issues and provide information and assistance to consumers. Participating agencies included state agencies, law enforcement and regulatory authorities.

BOSTON, MA - December 6, 2010 - (RealEstateRama) -- MassHousing was honored with an All Inclusive Award in the category of Supplier Diversity by Color Magazine for the Agency’s dedication and success in promoting the use of Minority and Women-Owned Business Enterprises (M/WBEs).

December 6, 2010 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC) has again received an “AA+” issuer credit rating from Standard & Poor’s Rating Services. Only three other housing finance agencies in the United States have received comparable ratings

December 6, 2010 - (RealEstateRama) -- A $1.3 million grant for the state’s Mortgage Crisis Job Training Program is expected to gain approval when the State Bond Commission meets later this week, news that state Senator Bob Duff (D-Norwalk), Senate chair of the General Assembly’s Banks Committee, welcomed today.

WASHINGTON, D.C. - December 6, 2010 - (RealEstateRama) -- A deceptive advertising operation has been banned from the debt relief business under a settlement agreement with the Federal Trade Commission. As part of a continuing crackdown on scams that target consumers in financial distress, the FTC charged the defendants with deceptively claiming they could save consumers thousands of dollars by reducing their credit card debt.

EUGENE, OR - December 6, 2010 - (RealEstateRama) -- IDX, Inc. welcomes Elizabeth Moreau to the ever-expanding network of real estate professionals updating their websites with the customizable IDX Broker software. The online property search is now simpler than ever for Las Vegas, Nevada home seekers on the website that Moreau hosts. Her IDX solution pulls listing information automatically from the Greater Las Vegas MLS (GLVAR) and displays it online, making the search process all the more simple for potential buyers.

WASHINGTON, D.C. - December 6, 2010 - (RealEstateRama) -- I am extremely pleased that the United States Senate has joined the House in passing legislation to name the Operations Building at Social Security headquarters in Baltimore as the “Robert M. Ball Federal Building.” Bob Ball was the longest-serving Commissioner of Social Security, and his dedication to the agency and its programs lasted until his death in 2008

VIENNA, VA - December 6, 2010 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today proposed a requirement that non-bank residential mortgage lenders and originators, like other types of financial institutions, establish anti-money laundering (AML) programs and comply with suspicious activity report (SAR) regulations