Yearly Archives: 2011

Register Today For MBA’s 21st Annual Commercial Real Estate Finance (CREF)/Multifamily Housing Convention &...

WASHINGTON, D.C. - January 6, 2011 - (RealEstateRama) -- MBA's CREF Convention & Expo is the nation's largest annual commercial real estate finance/multifamily housing industry event. Members of the media are encouraged to attend general sessions and panel discussions to gather the most up-to-date information on commercial real estate trends and business practices as well as the industry's economic outlook for 2011

Nevada Short Sale Information – FTC Cracks Down on Loan Modification Industry

Las Vegas, NV - January 6, 2011 - (RealEstateRama) -- Effective January 31, 2011, The Federal Trade Commission has banned loan modification companies from charging up-front fees for negotiating modifications of residential mortgage loans. According to Eric Witksoki, Chief of the Attorney General’s Bureau of Consumer Protection, and the state consumer advocate, “Money spent on mortgage modification consultants is a bad bet for consumers.” Additionally, Witkoski commented that spending money on loan modification is “worse than some of the odds at the casino tables.”

Third Quarter Reports of Mortgage Fraud Up Slightly Mortgage Fraud as Percentage of All...

VIENNA, VA - January 6, 2011 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today released its third quarter 2010 mortgage fraud report, Mortgage Loan Fraud SAR Filings. The report shows that suspicious activity reports (SARs) characterized by filers as indicating possible mortgage loan fraud (MLF) increased 2 percent to 16,693 in the third quarter of 2010 up from 16,339 MLF SARs in the 2009 third quarter.

Bankrate: Mortgage Rates Drop Below 5 Percent Again

NEW YORK, N.Y. - January 6, 2011 - (RealEstateRama) -- Mortgage rates continue to yo-yo up and down, with the average rate on the benchmark conforming 30-year fixed mortgage rate falling back to 4.94 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points

Apartment Owners Association Of Connecticut Quarterly Meeting

West Hartford, CT - January 6, 2011 - (RealEstateRama) January 12, 2011 - 6:00 to 9:00 pm Comfort Inn. 900 East Main St. Meriden, CT FREE for AOA and CTREIA Members | $59 for non-members

Savanna and Monday Properties Secure $58 Million Financing For 386 Park Avenue South

New York, NY - January 6, 2011 - (RealEstateRama) -- Savanna and Monday Properties announced today the closing of a $58 million loan for 386 Park Avenue South. The new partners of the 20-story, Art Deco office building additionally announced that Chase Bank has signed an 11-year lease renewal of its 12,000-square-foot retail space.

Top Agents, Brokers, Deals of 2010

Chicago, IL - January 6, 2011 - (RealEstateRama) -- Chicago Agent magazine released the highly anticipated fourth edition of Real Data, the premiere residential reference guide in the real estate industry.

88 MORNINGSIDE EARNS TOP HONOR AS THE FASTEST SELLING HARLEM DEVELOPMENT IN 2010

New York, N.Y. - January 6, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today released data reflecting that 88 Morningside, a premier new development located on the corner of Morningside Avenue and 122nd Street, was this year’s fastest selling development in Harlem

RE/MAX Villager in Glenview Adds 7 Northbrook Agents and Gains Ground in North Shore...

ELGIN, IL - January 6, 2011 - (RealEstateRama) -- RE/MAX Villager in Glenview, Ill., has announced the arrival of seven agents formerly affiliated with RE/MAX North in Northbrook. The additional agents will strengthen the position of the Glenview office in the North Shore real estate market

Lani Kaneshiro of Keystone Pacific Property Management Elected to 2011 CAI Board of Directors

Torrance, CA - January 6, 2011 - (RealEstateRama) -- Lani Kaneshiro, regional manager of Keystone Pacific Property Management’s Irvine office, has been elected to the 2011 Board of Directors of the Community Association Institute (CAI). Her three-year term began on Jan. 1, 2011

2011 International Builders’ Show to Showcase the Industry’s Largest Product Display

WASHINGTON, D.C. - January 6, 2011 - (RealEstateRama) -- Housing professionals from across the country and abroad will convene at the Orange County Convention Center in Orlando, Fla., Jan. 12-15, for the 2011 International Builders’ Show (IBS), the housing industry’s largest annual trade show and exhibition. The National Association of Home Builders (NAHB) event, held in one of the largest convention centers in the country, will feature the most cutting-edge designs, technologies, and products for all segments of the industry

IBHS Urges Business Owners to Prepare for Winter Weather

Tampa, FL - January 5, 2011 - (RealEstateRama) -- Recent record snowfalls and ice storms in many regions of the country are a reminder to business owners to be sure they are prepared for severe winter weather that is likely to continue throughout January and February, according to the Institute for Business & Home Safety (IBHS)

CT REIA Announces Quarterly Meeting Of The Apartment Owners Association Of Connecticut On January...

West Hartford, CT - January 5, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the Apartment Owners Association Of Connecticut, or AOACT, is announcing the January 2011 quarterly meeting of the AOACT. This event will take place on Wednesday, January 12, from 6:00pm to 9:00pm, at the Comfort Inn on 900 East Main Street in Meriden, CT. This event is free for AOACT and CT REIA members, and $59 for non-members

Free Conference Call For New CT REIA Members

West Hartford, CT - January 5, 2011 - (RealEstateRama) -- Be sure to keep an eye out on your email. We will send you a link to the call very soon

HOPE NOW Completes 4th Year of Operation, Continues to Assist Millions of Struggling Homeowners...

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

Mortgage Applications Drop the Week Before Christmas and Increase the Week After in Latest...

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.

Freddie Mac Prices New $6 Billion Three-Year Reference Notes® Security

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

Mankato Minnesota now offers power IDX search thanks to Jen True and her new...

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.

CEDIA Supports Home Technology TV Series on DIY Network

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

STEPHEN GOULD CORPORATION EXPANDS AT LAKEMONT WEST

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.

Personal Property Notices Sent; Residents Urged to Verify Information Online

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.

Home Heating Fuel Assistance Available beginning January 3

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.

Sen. Brown Urges Fed to Maintain Key Protection for Homeowners

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

Missouri Housing Agency Participates in National Summit on Homelessness

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

Crisco Re-Appointed to Co-Chair Insurance and Real Estate Committee

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.

Best Practices sought to thwart foreclosure violations

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

Free Mortgage Foreclosure Prevention Workshop (Anderson, IN)

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.

MAMCO Property Management Announces Client Additions

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.

RSS feeds and other online syndication of properties made simple with IDX Broker software

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.

HUD AND MARIN COUNTY AGREEMENT WILL PROMOTE AFFORDABLE HOUSING OPPORTUNITIES FOR MINORITIES AND PERSONS...

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.

Popular

Recent

Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families