Monthly Archives: January 2011

WASHINGTON, DC - January 5, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, wrapped up its fourth year of outreach efforts and assistance to the nation’s atrisk homeowners. The industry-led organization is poised for a busy 2011 in the areas of, homeowner education/outreach, data reporting on aid to homeowners, technology innovation and mortgage issues management

WASHINGTON, D.C. - January 5, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the weeks ending December 24, 2010 and December 31, 2010. For the week ending December 24, 2010, the Market Composite Index, a measure of mortgage loan application volume, decreased 3.9 percent on a seasonally adjusted basis from the prior week. For the week ending December 31, 2010, this index increased 2.3 percent on a seasonally adjusted basis.

McLean, VA - January 5, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it priced its new 1.375% $6 billion three-year USD Reference Notes® security due on February 25, 2014. The issue, CUSIP number 3137EACR8, was priced at 100 to yield 1.375%, or 27 basis points more than three-year U.S. Treasury Notes. The issue will settle on Thursday, January 6, 2011

EUGENE, OR - January 5, 2011 - (RealEstateRama) -- Mankato Minnesota now offers a powerful IDX property search resource. IDX, Inc. and Jen True have partnered to deliver IDX predefined neighborhood searches using IDX Broker software. Thousands of Southern Minnesota MLS (SMMLS) listings now display on Jen True’s website.

INDIANAPOLIS, IN - January 5, 2011 - (RealEstateRama) -- The Custom Electronic Design & Installation Association (CEDIA) has announced it will participate as an event sponsor at the launch event for Hollywood Hi-Tech, an upcoming show on the DIY Network that will show sophisticated technology installations in celebrity homes. CEDIA will support the show and will work closely with its host to help illustrate the benefits of working with a professional electronic systems contractor

Charlotte, N.C. - January 4, 2011 - (RealEstateRama) -- The largest privately-held packaging company in the U.S. has relocated and expanded its regional headquarters with the lease of 40,000 square feet in Lakemont Industrial Park. The office had previously been located at Brookwood in smaller space. The new regional headquarters joins Stephen Gould’s existing 122,000-square-feet fulfillment center in Lakemont, which is leased and managed by Crescent Resources.

January 4, 2011 - (RealEstateRama) -- Robert S. Wertz, Jr., Loudoun’s Commissioner of the Revenue, has mailed notification of 2011 personal property filing requirements to all personal property owners currently on the tax rolls, for a total of 160,000 notices. 2011 marks the second year that property owners are being instructed to perform the annual vehicle reporting process online. The online process replaces the need to complete and return by mail a form for each automobile, truck, motorcycle, camper, trailer, boat, motorhome, aircraft, or mobile home that you own.

NORFOLK, VA - January 4, 2011 - (RealEstateRama) -- Beginning Monday, January 3, families and individuals who are imminent danger of losing their primary source of heat or have no heat at all may be eligible for further assistance with their heating costs through the Crisis Assistance Program.

WASHINGTON, D.C. - January 4, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) and five of his Senate Banking Committee colleagues urged the Federal Reserve to reconsider proposed rules that would eliminate the ability of homeowners to stop foreclosures and rescind predatory home loans. The proposed rule would prevent homeowners from cancelling mortgages that violate the Truth in Lending Act

Kansas City, MO - January 4, 2011 - (RealEstateRama) -- On December 1, 2010, Heather Bradley-Geary of Missouri Housing Development Commission (MHDC) participated in a national summit in Washington, D.C. organized by the Department of Justice and the U.S. Interagency Council on Homelessness (USICH). The collaborative meeting, “Searching for Balance: Civic Engagement in Communities Responding to Homelessness,” was organized with the goal of developing constructive alternatives to the criminalization of homelessness

January 4, 2011 - (RealEstateRama) -- State Senator Joseph J. Crisco, Jr. (D-Woodbridge) has been re-appointed by Senate President Pro Tempore Donald E. Williams, Jr. (D-Brooklyn) to serve as Senate Chair of the legislature’s Insurance and Real Estate Committee. According to legislative documents, “the Insurance and Real Estate Committee has cognizance of all matters relating to insurance law and real estate law,” and is charged with oversight of the state Department of Insurance.

INDIANAPOLIS, IN - January 4, 2011 - (RealEstateRama) -- As the 50-state investigation continues into improper "robo-signing" foreclosure practices, Indiana Attorney General Greg Zoeller today filed a petition asking the Indiana Supreme Court to impose new procedures to ensure that borrowers' legal rights are fully protected and mortgage lenders follow the law

Anderson, IN - January 4, 2011 - (RealEstateRama) -- Deputy Attorney General Abigail Kuzma will be at the Anderson Public Library in January to hold a free settlement conference preparation seminar that is open to the public. Homeowners who are looking for information on foreclosure prevention and professionals in the housing industry including counselors, and realtors are invited and encouraged to attend.

Mt. Laurel, NJ - January 4, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, recently expanded its diverse New Jersey client base with the addition of Watergate Condominium Association, Legacy at Meadowcroft HOA and Waters Edge Condominium Association.

EUGENE, OR - January 4, 2011 - (RealEstateRama) -- New York City suburbs are now easier to find a home in, without ever leaving you own, thanks to the joint partnership between IDX, Inc. and Igor Krasnoperov. Krasnoperov has adopted the amazing IDX Broker software, giving him the unique ability to display thousand of Westchester-Putnam MLS (WPMLS) listings directly on his search page. Home seekers around Manhattan can now quickly search for homes all over Long Island and beyond, without ever stepping foot outside or riding the subway, on the new IDX enabled website of Krasnoperov.

WASHINGTON, DC - January 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development and Marin County, California today announced an agreement to promote access and overcome barriers to affordable housing for minorities and persons with disabilities throughout the County. A recent HUD review disclosed that Marin County had failed to meet its Fair Housing obligations in its use and expenditure of HUD Community Development Block Grant (CDBG) and HOME funds.

Los Angeles, CA - January 4, 2011 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has negotiated a 10-year lease for a 15,444-square-foot office space located at 221 S. Figueroa St. in Downtown Los Angeles for The Associated Press. The transaction is valued at $5.5 million.

IRVINE, CA - January 4, 2011 - (RealEstateRama) -- Western States Technologies Inc. (www.westernstatestech.com) has signed a five-year lease valued at more than $1.5 million with Graphtec America Inc. for 44,000 square feet of space at 17462 Armstrong Ave. in Irvine, Calif., near John Wayne Airport. Graphtec America (www.graphtecamerica.com) will occupy 100 percent of the space.

McLean, VA - January 4, 2011 - (RealEstateRama) -- I'm pleased to reach this agreement with Bank of America and believe it is in all parties' best interests. Since entering federal conservatorship, Freddie Mac has focused sharply on being a responsible steward of taxpayer funds, and we have worked closely with our lender partners to ensure that standards for loan underwriting are vigorously maintained. Bank of America has long been one of Freddie Mac's largest and most important business partners and we look forward to continuing our work together to provide mortgage funding for America's families.

McLean, VA - January 4, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EACR8, due on February 25, 2014. The issue will be priced on Wednesday, January 5, 2011, and will settle on Thursday, January 6, 2011, at benchmark size.

NEW YORK, NY - January 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that vacancy rates fell in all property classes in the Midtown and Midtown South office submarkets during 2010. At the same time, Lower Manhattan posted a slight increase in vacancy rates in all property classes

January 3, 2011 - (RealEstateRama) -- The Ballen Group, A team of Las Vegas Short sale Specialists, uses a comprehensive Short Sale System for Nevada Short Sales leading to Bank of America Short Sale Approval waiving the deficiency for the seller.

WASHINGTON, DC - January 3, 2011 - (RealEstateRama) -- Emerging Trends in Real Estate: The Americas® 2011, the oldest, most highly regarded annual industry outlook for the real estate and land use industry, will be released in Israel next month by the report’s co-publishers the Urban Land Institute and PricewaterhouseCoopers. The findings, which suggest tempered improvement within the U.S. commercial real estate market in the months ahead, will be discussed during a special program January 12 at the Leonardo City Tower Hotel in Ramat Gan. “Emerging Trends Conference: U.S. Real Estate Investment in 2011” is being sponsored by ULI and PWC in partnership with Gross, Kleinhendler, Hodak, Halevy and Greenberg and Company and Goulston and Storrs