Monthly Archives: June 2011

Washington, D.C. - June 8, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that $67.7 million has been awarded to 37 state housing finance agencies (HFAs), 17 HUD-approved housing counseling intermediaries, and 84 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure. Just two months after the fifth round of National Foreclosure Mitigation Counseling (NFMC) Program funds were appropriated, communities across our country will be able to put the funds to immediate use.

EUGENE, OR - June 8, 2011 - (RealEstateRama) -- Wilmington, Delaware Realtor Donna Marshall has teamed with IDX, Inc. to display thousands of detailed property listings directly on her website. As a member of the Trend MLS, Marshall has long had access...

WASHINGTON, DC - June 7, 2011 - (RealEstateRama) -- AARP today announced the launch of a new online Web portal—www.aarp.org/pride—dedicated to serving older lesbian, gay, bi-sexual, and transgender (LGBT) Americans. The organization’s first online home base for the LGBT community reinforces the fact that pride comes in all ages for LGBT members, friends and loved ones. The site features articles on news, personal finance, relationships, travel and other topics of concern to older gay Americans, and their family and friends, as well as a community forum

WASHINGTON, D.C. - June 7, 2011 - (RealEstateRama) -- Statement of David H. Stevens, President and CEO of the Mortgage Bankers Association on the announced extension of the comment deadline for the federal financial regulators' proposed rule implementing the Dodd-Frank Act's risk retention rule.

Pittsburgh, PA - June 7, 2011 - (RealEstateRama) -- The Federal Home Loan Bank (FHLBank) of Pittsburgh today announced Williamson, WV-based Bank of Mingo as its newest member. The addition of Bank of Mingo complements the nearly 200 commercial bank members of FHLBank Pittsburgh and the nearly 5,500 commercial banks within the FHLBank System. At year-end 2010, Bank of Mingo had $116 million in assets.

Greenbelt, MD - June 7, 2011 - (RealEstateRama) -- Bozzuto Homes, a subsidiary of The Bozzuto Group of companies, will host a groundbreaking event today at 11:00am EDT at Towson Green, a new sustainable townhome development in Baltimore County. The community has been recognized for its environmental achievements by The Chesapeake Fund, a non-profit project that works to reduce the amount of the Chesapeake Bay’s two biggest pollutants – nitrogen and phosphorous.

Jefferson City, MO - June 7, 2011 - (RealEstateRama) -- Leaders of major banks, loan servicers and insurers will meet today with Attorney General Chris Koster to discuss ways to help Joplin consumers with mortgage and credit issues caused by the tornado.

West Hartford, Ct - June 7, 2011 - (RealEstateRama) -- CT REIA and Al Lowry presents: Secrets For Buying Foreclosures & Other Investment Properties

Washington, DC - June 7, 2011 - (RealEstateRama) -- Congressman Bill Posey (R-FL) was joined by 17 of his House colleagues in introducing legislation to aid economic recovery by preventing federal bank regulators from arbitrarily penalizing community banks for working with borrowers to modify their loans or accepting mortgage payments from someone other than the borrower. Since the 2008 financial crisis, federal bank regulators have been unnecessarily obstructing the ability of community banks to make and modify loans to small businesses and mortgage recipients.

WASHINGTON, D.C. - June 7, 2011 - (RealEstateRama) -- Six federal agencies have approved and will submit a Federal Register notice that extends the comment period on the proposed rules to implement the credit risk retention requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The comment period was extended to August 1, 2011, to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by June 10, 2011.

CLINTON, MS - June 7, 2011 - (RealEstateRama) --Many Mississippians are just getting access to their property since the devastating May floods. Now is the time to call the FEMA inspector.

WASHINGTON, DC - June 7, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that $3.6 million in Choice Neighborhoods Planning Grants will be awarded in fiscal year 2011 to assist in the transformation, rehabilitation and preservation of public housing and privately owned HUD-assisted housing. Read HUD’s FY 2011 Choice Neighborhoods Notice of Funding Availability.

June 7, 2011 - (RealEstateRama) -- One of the Southwest’s most distinctive and popular tourist destinations is Taliesin West, home of the Frank Lloyd Wright School of Architecture, Frank Lloyd Wright Archives, Western “camp” and permanent residence for Frank Lloyd Wright, wife Olgivanna Lloyd Wright and the “Taliesin Fellowship” since 1937.

Austin, TX - June 7, 2011 - (RealEstateRama) -- BuildFax, the industry's exclusive creator of the largest commercial and residential permitting database in the United States, today announced that it has joined forces with Equifax Inc. (NYSE:EFX) to give property & casualty insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception. Now, Equifax customers can gain immediate access to BuildFax’s unique, differentiated data assets, which include property history information representing 60 percent of the nation’s building permit volume. Through this relationship, insurance carriers can improve the accuracy of underwriting valuation models to develop more effective pricing strategies and reduce the potential for fraud

IRVINE, CA - June 7, 2011 - (RealEstateRama) -- KTGY Group, Inc., Architecture + Planning, and some of this country's top builders/developers have earned nine Awards of Merit in the 2011 Gold Nugget Award design and planning competition. The awards honor the firm's wide range of capabilities, excellence and innovation in addressing complex design/build issues in attached, detached, sustainable communities, mixed-use, transit-oriented developments, and campus housing. The winning projects include: University of California, Irvine (UCI) East Campus Apartments Phase III; The Crossing at Anaheim in Anaheim, Calif.; Gallery 421 in downtown Long Beach, Calif.; Paragon at Old Town in Monrovia, Calif.; La Floresta in Brea, Calif.; 12th & Burnside in Portland, Ore.; and The Shell House in Nassau, Bahamas.

RALEIGH, N.C. - June 7, 2011 - (RealEstateRama) -- Federal Emergency Management Agency experts who can offer free rebuilding information and answer questions about how to strengthen property against future storm damage will be in Raleigh, Cary, Garner and Erwin for six days beginning Thursday, June 9.

WASHINGTON, D.C. - June 7, 2011 - (RealEstateRama) -- Six federal agencies have approved and will submit a Federal Register notice that extends the comment period on the proposed rules to implement the credit risk retention requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The comment period was extended to August 1, 2011, to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by June 10, 2011.

Washington, DC - June 6, 2011 - (RealEstateRama) -- Fannie Mae and Freddie Mac have completed more than 1.6 million foreclosure prevention actions since the beginning of conservatorship in the fourth quarter of 2008, with more than half of these actions resulting in loan modifications. According to the FHFA’s First Quarter 2011 Foreclosure Prevention & Refinance Report, loan modifications declined for the third consecutive quarter but resulted in deeper payment reductions for more people.

NORFOLK, VA - June 6, 2011 - (RealEstateRama) -- Partnering for their first joint promotion, For Rent Media Solutions™ and Homes Media Solutions™ launch the ForRent.com® and Homes.com® “Coolest Space in Your Place” photo contest for a chance to win a $2,500 prize! Both apartment renters and homeowners are encouraged to enter the contest by submitting a photograph of a favorite space in the contestant’s residence.

EUGENE, OR - June 6, 2011 - (RealEstateRama) -- Today, IDX, Inc. welcomes Portland, Oregon real estate professional Dave Van Nus to the growing network of agents and brokers who have proved their dedication to serving their clients, and their every real estate need, by adopting IDX Broker software. Van Nus now hosts an IDX enabled website, syncing his website with thousands of area properties, thanks to his membership in the Regional Multiple Listing Service (RMLS).

EUGENE, OR - June 6, 2011 - (RealEstateRama) -- IDX Broker software is sweeping the nation, revolutionizing the way IDX, Inc. and real estate professionals work to deliver property listings to home seekers. Realtor Renee Friedman has become the latest agent to adopt an innovative IDX solution, syncing thousands of Palm Beach Regional MLS (RMLSFL) directly to her website. As a result, Friedman supplies potential Palm Beach, Florida buyers with a unique and thorough database of listings to search through during their online real estate exploration. IDX Broker software has forever changed the way Friedman and her clients approach the online real estate market.

West Haven, CA - June 6, 2011 - (RealEstateRama) -- Well the season for strong storms has arrived, which are typically followed by beautiful weather. Unfortuantely, these severe weather patterns are also follwed by storm chasers, and not the kind looking to catch a cow flying through the air on video. These storm chasers are looking to take advantage of bewildered, confused, and desperate homeowners looking to get their homes back in good shape as soon as possible.

Torrance, CA - June 6, 2011 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the acquisition of The Vintage at The Crosby development in San Diego in a joint venture with Davidson Communities LLC. This represents the third acquisition made by the MREC/Davidson partnership in San Diego County. The value of the transaction could not be disclosed.

KOKOMO, IN - June 6, 2011 - (RealEstateRama) -- RE/MAX of Indiana reported strong home sales in Kokomo the first four months of this year, despite the sharp decline experienced by the overall market. The number of homes sold by RE/MAX Realty One in Kokomo from January to April 2011 was up 25 percent over the same period the previous year

Washington, D.C. - June 6, 2011 - (RealEstateRama) -- Almost two-thirds of architects surveyed by the American Institute of Architects (AIA) last month report that they have at least one project that is stalled due to lack of financing, despite record low interest rates.

CLINTON, MS - June 6, 2011 - (RealEstateRama) -- Mississippians who are repairing or rebuilding after recent severe storms, tornadoes, and flooding are facing many choices – and opportunities – regarding how they put the pieces of their homes and lives back together.<!--

LITTLE ROCK, AR - June 6, 2011 - (RealEstateRama) -- Homeowners rebuilding after the spring storms and floods, or those planning for future emergencies, can receive valuable information from specialists with the Federal Emergency Management Agency (...

New York, NY - June 6, 2011 - (RealEstateRama) -- Paul Galanis, managing director of CBRE Auction Services, announced today that a 28-acre redevelopment site located in Torrance, California, will be sold in a sealed bid auction on Wednesday, July 20th, 2011, providing a singular opportunity for future redevelopment in the heart of the South Bay.

BROOKLYN, NY - June 6, 2011 - (RealEstateRama) -- The Marketing Directors, Inc. is executing one of the most successful leasing programs in today’s market at Arias Park Slope, the upscale collection of 95 rental homes located in Brooklyn’s Park Slope

New York, NY - June 6, 2011 - (RealEstateRama) -- Rental vacancy rates are declining, rents are increasing, and low cost rental units are disappearing from the nation’s housing stock. These are among the findings of The State of the Nation’s Housing: 2011, a report of the Joint Center for Housing Studies of Harvard University released here today.