Monthly Archives: February 2011

Mt. Laurel, NJ - February 3, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, with the help of Associa Cares, recently donated funds to six local families who lost their homes in a fire.

NEW YORK, N.Y. - February 3, 2011 - (RealEstateRama) -- Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate inching higher to 5.02 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points

Washington, D.C. – The U.S. Green Building Council (USGBC) today applauded a key element of President Obama’s plan to “win the future” by making America’s commercial buildings more energy- and resource-efficient over the next decade. The President’s plan, entitled Better Buildings Initiative, catalyzes private-sector investment through a series of incentives to upgrade offices, stores, schools and universities, hospitals and other commercial and municipal buildings.

Washington, DC - February 3, 2011 - (RealEstateRama) -- HUD’s biannual report to Congress on the housing needs of low income Americans shows that a record number of very low income households have severe housing problems, particularly housing costs that far exceed what they can afford to pay. The National Low Income Housing Coalition calls on Congress and the Administration to heed the findings of the Worst Case Housing Needs 2009 report and spare federal housing aid programs from the budget cuts that many are threatening

McLean, VA – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows mixed results in both long- and short-term rates this week

McLean, VA - February 3, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it had approximately $15 billion in volume for its multifamily whole loan and bond guarantee business (multifamily mortgage settlements), compared to almost $17 billion in 2009. This volume includes Freddie Mac’s targeted affordable housing products, which finance apartments that receive some form of government subsidy.

EUGENE, OR - February 3, 2011 - (RealEstateRama) -- Real estate broker Marybeth Kramer has adopted the premier IDX Broker software on her website, giving her the ability to supply her clients with a unique and comprehensive online property search. Kram...

WASHINGTON, DC - February 3, 2011 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) released the following statement concerning the Better Buildings Initiative announced by President Obama today. The statement was issued by NMHC/NAA's Vice President of Energy and Environment, Eileen Lee.

EUGENE, OR - February 3, 2011 - (RealEstateRama) -- IDX Broker software has once again been integrated onto the website of a real estate professional, this time with the IDX, Inc. premier technology is hosted by Akron, Ohio agent Jolyn Brown. Thanks to her membership with the Northeast Ohio Real Estate Exchange (NEOHREX), Brown is able to sync thousands of listings to her online search page. Now, home seekers can experience an unprecedented level of the online property search right on Brown's website. With the IDX solution that has been custom created for Brown, her website is now more complete and helpful to potential buyers.

EUGENE, OR - February 3, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Hilltops Lake, Texas real estate broker Cathy Lagravier has opted to enable a custom IDX solution on her website. Home seekers can now experience an online property search like never before available, thanks to the partnership between IDX and the Bryan-College Station MLS (BCSMLS). Thousands of detailed property listings are now synced to Lagravier's search page, giving potential buyers a comprehensive database of homes to search, without ever leaving the website Lagravier hosts. The convenient and easy-to-use IDX-enabled website of Lagravier has forever changed the Hilltops Lake home search.

WASHINGTON, D.C. - February 3, 2011 - (RealEstateRama) -- The Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) honored David Endy for a lifetime of service and achievement in advancing the systems-built industry and contributing to the efforts of the BSC.Endy, president of Stratford Homes LP based in Stratford, Wis., received the S.A. Walters Systems-Built Achievement Award at an awards ceremony and luncheon held during the BSC's annual SHOWCASE event held in New Orleans Nov. 7-10. The S.A. Walters Systems-Built Achievement award is given annually to an individual who has made significant contributions to the industrialized housing industry in the United States.

PITTSBURGH, PA - February 2, 2011 - (RealEstateRama) -- The 2,200-member REALTORS® Association of Metropolitan Pittsburgh (RAMP) celebrated the beginning of its 100th year of serving the real estate needs of our area’s families and businesses with the installation of its 2011 officers. More than a hundred real estate industry leaders gathered for a ceremony and elegant reception on January 14, 2011 at The Frick Art & Historical Center in Point Breeze

Las Vegas, NV - February 2, 2011 - (RealEstateRama) -- We have all heard the same story over and over. It’s the story about a family who gets behind on their mortgage payment, and applies for a loan modification to try and save their home. After waiting many months, the loan modification is denied, and the bank recommends that the homeowner do a short sale.

WASHINGTON, DC - February 2, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its final 2010 loan modification data, which shows that an estimated 1.76 million homeowners received permanent, affordable loan modifications from mortgage servicers in 2010.

WASHINGTON, D.C. - February 2, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 28, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 11.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 13.2 percent compared with the previous week. The previous week did not include a holiday adjustment for Martin Luther King, Jr. Day

NEW YORK, NY - February 2, 2011 - (RealEstateRama) -- Chase announced today plans to add 25 new Chase Homeownership Centers in 19 states this year, expanding its program to provide borrowers in the hardest-hit communities with the knowledge and resources they need to explore all the ways they can stay their homes. This investment will bring the total number of Chase Homeownership Centers to 76 nationwide

February 2, 2011 - (RealEstateRama) -- During the months of January, February, March and April, City of Hampton real estate appraisers will continue a comprehensive field review program that was initiated in 2006. The following neighborhoods and areas of Hampton will be visited during the coming months

WASHINGTON, D.C. - February 2, 2011 - (RealEstateRama) -- Following pressure from U.S. Sen. Sherrod Brown (D-OH), the Federal Reserve Board announced that it would maintain critical protections for homeowners outlined in the Truth in Lending Act (TILA). In January, Brown 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.

WASHINGTON, D.C. - February 2, 2011 - (RealEstateRama) -- John A. Courson, President and CEO of the Mortgage Bankers Association (MBA) today issued the following statement in response to the Federal Reserve Board's announcement that it would not finalize three pending rulemakings under Regulation Z, which implements the Truth in Lending Act (TILA), prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau (CFPB).

February 2, 2011 - (RealEstateRama) -- Montgomery County Executive Isiah Leggett joined this morning in Downtown Silver Spring with Senator Ben Cardin, Representatives Chris Van Hollen and Donna Edwards, GSA Commissioner Bob Peck and other senior GSA officials, Montgomery County Planning Director Rollin Stanley, Montgomery County Department of Economic Development Director Steve Silverman, and local government and commercial real estate professionals to host a forum on the federal sector's upcoming construction and leasing activity in Montgomery County

DENVER, CO - February 2, 2011 - (RealEstateRama) -- Judy Fahrenkrog, a leading real estate professional since 1981, has rejoined the top-producing team at Kentwood City Properties as a Broker Associate. Fahrenkrog has spent the past year as the on-s...

Anchorage, AK - February 2, 2011 - (RealEstateRama) -- In response to the energy crisis in northwest Alaska, NANA Regional Corporation, Inc.'s (NANA) board of directors approved NANA's participation in an exciting new partnership with the Rural Alas...

EUGENE, OR - February 2, 2011 - (RealEstateRama) -- IDX Broker software now has a new home on the website of Carl Wuestehube, thanks to the IDX, Inc. premier technology. Wuestehube has once again proven his dedication to serving his clients and their real estate needs by adopting a customizable IDX solution for his professional website. California Real Estate Technology Services (CARETS) listings are seamlessly integrated onto his website, making the online real estate search simpler than ever before.

EUGENE, OR - February 2, 2011 - (RealEstateRama) -- IDX, Inc. announces Kinam Sohn has joined the team by adopting a customizable IDX solution for her professional website. Never before has it been so simple to find a property in Seattle, Washington or surrounding areas. The boutique real estate agency Sohn runs has long supplied Seattle home seekers with a pleasant and helpful realty search. But now, with the incredible IDX solution Sohn has enabled, potential buyers can experience a new level of the real estate search on the website Sohn supports.

McLean, VA - February 2, 2011 - (RealEstateRama) --Freddie Mac (OTC: FMCC) announced today that it priced its new 0.75% $4 billion two-year USD Reference Notes® security due on March 28, 2013. The issue, CUSIP number 3137EACS6, was priced at 99.758 to yield 0.864%, or 21.5 basis points more than two-year U.S. Treasury Notes. The issue will settle on Friday, February 4, 2011

WASHINGTON, D.C. - February 2, 2011 - (RealEstateRama) -- The Federal Reserve Board on Tuesday announced that it does not expect to finalize three pending rulemakings under Regulation Z, which implements the Truth in Lending Act (TILA), prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau (CFPB).

EUGENE, OR - February 2, 2011 - (RealEstateRama) -- Palm Beach Regional MLS (RMLSFL) property listings just got easier to find online, with the pairing up of IDX, Inc. and real estate agent Alex Holcberg. With the tools provided to him with his IDX solution, Holcberg can display thousands of detailed property listings instantly on his website, giving home seekers up-to-the-minute updates on RMLSFL listings. Potential buyers can even utilize the IDX Broker application for the iPhone and iPad, which they can access through the site Holcberg hosts. Searching for Palm Beach real estate will never be the same with the addition of IDX Broker software to Holcberg's professional website.

Destin, FL - February 2, 2011 - (RealEstateRama) -- Housing markets in 17 states are forecast to see home prices go higher in 2011, according to Housing Predictor analysts

HOUSTON, TX - February 1, 2011 - (RealEstateRama) -- Congresswoman Sheila Jackson Lee (D-Texas) will join the Houston Housing Authority as they roll out the welcome mat for more than 100 low-income families at 2:30 p.m. CT on Tuesday, February 1, at Kennedy Place, 3100 Gillespie, Houston Texas 77020. Kennedy Place is celebrating its grand opening week after being rebuilt with federal funding from the Stimulus Act, which has created thousands of jobs throughout the country while stimulating local economies, including Houston’s

New York, NY - February 1, 2011 - (RealEstateRama) -- The New York State Senate today passed property tax relief legislation (S.2706) that would place a cap on the growth of school property taxes at two percent or the Consumer Price Index (CPI), whichever is less. If enacted, New York would become the 44th state to cap local property taxes. In addition, the Senate approved two measures related to providing mandate relief to school districts and local governments.