Yearly Archives: 2012

Durham Seeking Nonprofit Applicants for Permanent Housing Funds

DURHAM, N.C. - November 21, 2012 - (RealEstateRama) -- Durham affordable housing nonprofits serving chronically homeless individuals should take note that additional federal funding is available and that the City of Durham is seeking applicants for it

Former Executive at Florida-Based Lender Processing Services Inc. Admits Role in Mortgage-Related Document Fraud...

WASHINGTON, DC - November 21, 2012 - (RealEstateRama) -- A former executive of Lender Processing Services Inc. (LPS) – a publicly traded company based in Jacksonville, Fla. – pleaded guilty today, admitting her participation in a six-year scheme to...

CHFA to participate in Governor’s Free Mortgage Assistance Event

November 21, 2012 - (RealEstateRama) -- Connecticut's distressed homeowners have another opportunity to explore loan modification and foreclosure prevention options with their banks at the free day-long, state-sponosred Mortgage Assistance Event on Wed...

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nove...

COURT APPROVES FINAL SETTLEMENT THOMPSON v. HUD

WASHINGTON, DC - November 21, 2012 - (RealEstateRama) -- The U.S. District Court of Maryland today granted final approval of a settlement of the 17-year-old civil rights case known as Thompson v. HUD, filed by African American public housing residents ...

National Association of Realtors® Wins Gold in Best in Biz Awards

WASHINGTON, DC - November 21, 2012 - (RealEstateRama) -- The National Association of Realtors® has been recognized with a gold Best in Biz award for its forward looking business practices. The independent business awards program honors companies and e...

FHA ANNOUNCES REVISED LOSS MITIGATION HOME RETENTION OPTIONS

WASHINGTON, DC - November 21, 2012 - (RealEstateRama) -- The Federal Housing Administration (FHA) announced changes on Friday to its loss mitigation program which are intended to allow more borrowers to take advantage of opportunities that enable them ...

MAR Wins 2012 NAR Triple Crown Award!

November 20, 2012 - (RealEstateRama) -- Recently, the National Association of REALTORS® announced that the Michigan Association of REALTORS® (MAR) is the recipient of the prestigious Triple Crown Award! The Triple Crown Award recognizes states for ex...

MADIGAN URGES CONGRESS TO EXTEND TAX RELIEF TO STRUGGLING HOMEOWNERS

Chicago, IL - November 20, 2012 - (RealEstateRama) -- Attorney General Lisa Madigan today joined 41 of her counterparts in calling on Congress to extend tax relief for homeowners who have mortgage debt canceled or forgiven because of financial hardship...

Attorney General Doug Gansler Urges Congress to Extend Tax Relief for Distressed Homeowners

Baltimore, MD - November 20, 2012 - (RealEstateRama) -- Attorney General Douglas F. Gansler, joined by 41 other state and territorial attorneys general, today urged Congress to extend tax relief for consumers who have mortgage debt canceled or forgiven...

Attorney General Bondi Advocates for Extended Tax Relief for Distressed Homeowners

TALLAHASSEE, FL - November 20, 2012 - (RealEstateRama) -- Attorney General Pam Bondi and Connecticut Attorney General George Jepsen are leading the national effort by state attorneys general urging Congress to extend tax relief for consumers who have m...

CONSTRUCTION EMPLOYMENT DECLINED IN 28 STATES BETWEEN OCTOBER 2011 AND 2012, WHILE 31 STATES...

WASHINGTON, D.C. - November 20, 2012 - (RealEstateRama) -- Texas Adds the Most Construction Jobs and D.C. Adds the Highest Percentage Year-over-Year While New York Experiences Largest Annual Decline and Delaware Has Largest Percentage Drop in Construct...

NeighborWorks America Helps Families Celebrate Thanksgiving in New Homes

Washington, DC - November 20, 2012 - (RealEstateRama) -- As individuals and families prepare for Thanksgiving, and to host loved ones in their homes, NeighborWorks America celebrates new homeowners across the country as they experience the special joy ...

Housing Starts Up 3.6 Percent in October

WASHINGTON, D.C. - November 20, 2012 - (RealEstateRama) -- Nationwide housing production rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000 units, according to the U.S. Commerce Department. This is the highest pace of new-home ...

National Mortgage Settlement Monitor’s Report Released

MADISON - November 20, 2012 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced that Wisconsin residents have begun taking advantage of relief offered under the National Mortgage Settlement, according to a report released by the Settlement...

NOMINATIONS SOUGHT FOR HOUSING AWARDS

BISMARCK - November 20, 2012 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) is seeking nominations for its 2012 Champion of Affordable Housing Leadership and Housing Production Awards.

NREL’s Research Support Facility Garners Second LEED® Platinum

WASHINGTON, D.C. - November 20, 2012 - (RealEstateRama) -- The Research Support Facility (RSF) on the campus of the U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) in Golden, Colo. has earned its second LEED® Platinum des...

Will Breezy Point’s Firefighters Who Lost Their Homes to Fire During Superstorm Sandy Have...

Washington, D.C. - November 20, 2012 - (RealEstateRama) -- When Superstorm Sandy battered the East Coast with high winds and a massive storm surge, 111 homes in the Queens, New York neighborhood of Breezy Point were destroyed by a fast-spreading fire...

AG Gansler: Mortgage Settlement Relief Exceeds $550 Million So Far

Baltimore, MD - November 19, 2012 - (RealEstateRama) -- Attorney General Douglas F. Gansler announced today that distressed Maryland homeowners have received more than $550 million in relief from the National Mortgage Settlement as of September 30. The...

MADIGAN: ILLINOIS IN TOP 5 STATES FOR RELIEF TO HOMEOWNERS FROM NATIONAL FORECLOSURE SETTLEMENT

Chicago, IL - November 19, 2012 - (RealEstateRama) -- In responding to the second report issued by the national foreclosure settlement’s independent monitor, Attorney General Lisa Madigan today outlined the direct relief Illinois borrowers have recei...

Congresswoman Waters Issues Statement on FHA’s Annual Report

Washington, DC - November 19, 2012 - (RealEstateRama) -- Congresswoman Maxine Waters (CA-35) released the following statement in response to the Federal Housing Administration’s annual financial status report issued to Congress today:

Home Prices and Pending Sales Post Double-Digit Increases in October

November 19, 2012 - (RealEstateRama) -- It's been a giant year for the housing market. As we round out the remaining two months of the year, let's recap. Most markets shed listings, resulting from strong sales and sluggish seller activity. There has be...

Victor Valley AOR MLS integrates with zipForm® 6 to allow agents to make offers...

LOS ANGELES, CA - November 19, 2012 - (RealEstateRama) -- Real Estate Business Services® (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), today announced that Victor Valley Association of REALTORS®/Multiple Listing Servi...

Attorney General Bondi Announces that Mortgage Servicers Report More Than $3.6 Billion in Relief...

TALLAHASSEE, FL - November 19, 2012 - (RealEstateRama) -- Attorney General Pam Bondi announced today that the nation’s five largest mortgage servicers that entered the federal-state settlement over foreclosure abuses and unacceptable mortgage servici...

BIPARTISAN NATIONAL MORTGAGE SETTLEMENT PROVIDES SUPPORT TO NEARLY 310,000 HOMEOWNERS

WASHINGTON, DC - November 19, 2012 - (RealEstateRama) -- The nation’s largest mortgage servicers have distributed $26.1 billion in direct relief to nearly 310,000 homeowners, or roughly $84,385 per homeowner as part of the National Mortgage Settlemen...

FTC Warns Mortgage Advertisers that Their Ads May Violate Federal Law

WASHINGTON, D.C. - November 19, 2012 - (RealEstateRama) -- After reviewing hundreds of mortgage advertisements, the Federal Trade Commission staff has sent letters to 20 companies, warning them that their ads may be deceptive.

A.G. Schneiderman To Wells Fargo: Reverse Policy That Denies Foreclosure Relief In The Wake...

NEW YORK, NY - November 19, 2012 - (RealEstateRama) -- Attorney General Eric T Schneiderman today warned Wells Fargo to reverse a new policy that temporarily suspends review of mortgage relief applications from New York homeowners, many of whom are sti...

A.G. Schneiderman: Report On National Mortgage Settlement Shows Progress For NYS Homeowners

NEW YORK, NY - November 19, 2012 - (RealEstateRama) -- Following the release of the first official report on the implementation of the National Mortgage Settlement today, Attorney General Eric T. Schneiderman indicated that he was encouraged by its pro...

AG Kilmartin Reports on National Mortgage Settlement Progress

November 19, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today reported on the progress made by the five mortgage service providers (Ally/GMAC, Bank of America, Citi, JPMorganChase, and Wells Fargo) at the center of the National Mort...

Schumer, Gillibrand Statement on GSA Green Light for Commercial Building Renovations

New York, NY - November 19, 2012 - (RealEstateRama) -- U.S. Senators Charles Schumer and Kirsten Gillibrand released the following statement Friday after the General Services Administration issued the needed environmental approvals to allow the $22 mil...

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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