Yearly Archives: 2012

Neugebauer Statement on Federal Housing Report

WASHINGTON, DC - November 19, 2012 - (RealEstateRama) -- Congressman Randy Neugebauer (TX-19) issued the following statement in response to the annual audit released today by the Federal Housing Administration (FHA). The audit revealed a $16.3 billion...

Construction Work Scheduled at Four Mile Run Park Community Building Site

November 19, 2012 - (RealEstateRama) -- The Department of Recreation, Parks and Cultural Activities will perform construction work at the Four - Mile Run Park Community Building site, 4109 Mount Vernon Ave. Work will include installation of drainage l...

FHA Plays a Critical Housing Role

WASHINGTON, D.C. - November 19, 2012 - (RealEstateRama) -- FHA has played a critical role during the housing crisis and the economic downturn. It provided credit to families who otherwise would not have been able to buy homes. This has helped new home...

FEMA Housing Portal Provides Resource to Help Survivors Find Rentals

LINCROFT, N.J. - November 19, 2012 - (RealEstateRama) -- Families and individuals in New Jersey who are registered for federal disaster assistance and need a place to live can search through hundreds of rental listings on the FEMA Housing Portal.

What to Expect From a FEMA Inspector

LINCROFT, N.J. - November 19, 2012 - (RealEstateRama) -- The arrival of a housing inspector is a vital step in determining both the amount and types of housing assistance FEMA may provide.

Existing-Home Sales Rise in October with Ongoing Price and Equity Gains

WASHINGTON, DC - November 19, 2012 - (RealEstateRama) -- Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the Na...

NeighborWorks America Names Debbie Matz Vice Chair to Board of Directors

Washington, DC - November 19, 2012 - (RealEstateRama) -- Today NeighborWorks America, a top community development organization, announced the appointment of Debbie Matz as vice chair to the board of directors. Matz replaces former board chair Christian...

Builder Confidence Rises Five Points in November

WASHINGTON, D.C. – November 19, 2012 – (RealEstateRama) — Builder confidence in the market for newly built, single-family homes posted a solid, five-point gain to 46 on the National Association of Home Builders/Wells Fargo Housing Mar...

MBA Chairman Debra Still Reacts to FHA Actuarial Report

WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), issued the following statement today reacting to the release of the Federal Housing Administration’s (FHA) actuarial r...

FHA ISSUES ANNUAL FINANCIAL STATUS REPORT TO CONGRESS

WASHINGTON, DC - November 16, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today released its annual report to Congress on the financial condition of the Federal Housing Administration (FHA) Mutual Mortgage Insu...

MPSC Approves Phase II of Detroit Edison’s SolarCurrent Program

November 16, 2012 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today approved Detroit Edison Company's request to implement Phase II of its customer-owned SolarCurrents program.

California housing market continues strong performance in October

LOS ANGELES, CA - November 16, 2012 - (RealEstateRama) -- California’s housing market continued its momentum in October, posting strong year-over-year sales and price gains in nearly every county of the state, the CALIFORNIA ASSOCIATION OF REALTORS®...

Corker Says Negative Economic Value of FHA Demands Fundamental Housing Reform

WASHINGTON, DC - November 16, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., today made the following statement regarding reports that the Federal Housing Administration has exhausted its reserves and may draw on taxpayer resources.

OHFA Board Approves More Than $3.7 Million for Affordable Housing Initiatives Across the State

COLUMBUS, OH - November 16, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board yesterday approved $942,457 through the Capital Improvements Program (CIP), designed to provide funding for minor renovations and maintenance on aging p...

Affordable Housing Leaders to Kick Off the 14th Annual Ohio Housing Conference November 27...

COLUMBUS - November 16, 2012 - (RealEstateRama) -- Affordable housing professionals from Ohio and across the country will soon gather at the Greater Columbus Convention Center on November 27-29 for the 2012 Ohio Housing Conference.

AGENCY NEEDS $4.4 MILLION TO FUND AFFORDABLE HOUSING PROJECTS

November 16, 2012 – (RealEstateRama) — The North Dakota Housing Finance Agency (NDHFA) needs to raise $4.4 million dollars before year-end to fully capitalize the Housing Incentive Fund (HIF), a program that supports the development of affo...

NATIONAL HOUSING FINANCE EXPERTS KICK OFF VERMONT’S STATEWIDE HOUSING CONFERENCE

BURLINGTON - November 16, 2012 - (RealEstateRama) -- A packed room of about 430 people gathered this morning at the Burlington Hilton to hear Governor Shumlin’s opening address and the plenary session of the biennial Statewide Vermont Housing Confere...

Statement from NAHB Chairman on the Actuarial Review of the FHA Mutual Mortgage Insurance...

WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement on the latest actuarial review of t...

The Connecticut Real Estate Investors Association (CT REIA) Announces December Bus Tour For Real...

West Hartford, CT - November 16, 2012 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, is announcing its December 2012 live property bus tour. This event will take place on December 1, 2012 from 9:00 am to 4:00 pm. T...

State Housing Trust Fund grant to assist Habitat for Humanity of Central Iowa Build...

Des Moines, IA - November 15, 2012 - (RealEstateRama) -- The Iowa Finance Authority Board of Directors today approved a $50,000 grant to the Habitat for Humanity of Central Iowa to assist in the construction of an affordable home for a family in Nevada...

Affordable Green Homes for Metro East Families Celebrate Grand Opening

JERSEYVILLE - November 15, 2012 - (RealEstateRama) -- For residents like maintenance worker John Boyd, Lexington Farms Subdivision’s wind and solar power yields utility bill savings to make living more affordable.

San Francisco City Hall & Seven Other Historic Civic Center Buildings File For LEED...

San Francisco, CA - November 15, 2012 - (RealEstateRama) -- Mayor Edwin M. Lee today at the U.S. Green Building Council Greenbuild International Conference and Expo being held at the Moscone Convention Center announced that the City and County of San F...

Congresswoman Matsui Announces Nearly a Million Dollars for Sacramento County Health Care for the...

SACRAMENTO, CA - November 15, 2012 - (RealEstateRama) -- Congresswoman Doris Matsui (CA-05) today announced that Sacramento County’s Department of Health and Human Services has received a continuation of their $962,901 grant from the U.S. Department ...

Mortgage Delinquency and Foreclosure Rates Decreased

WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.40 percent of all loans outstanding as of the end of the third quarte...

FORECLOSURE DIVERSION PROGRAM NOTICE AND OPPORTUNITY FOR COMMENT

November 15, 2012 - (RealEstateRama) -- The Foreclosure Diversion Program (FDP) is considering implementation of a policy to address potential conflicts of interest for FDP mediators in the context of foreclosure diversion mediation.

Fourth Quarter Housing Permits Start Out Strong

November 15, 2012 - (RealEstateRama) -- Housing production continues to climb in cities across the Greater Kansas City Metropolitan Area. The monthly graph is up and down, but the trends show the fourth quarter is off to a strong start as builders make...

Nationwide Housing Affordability Improves in Third Quarter

WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- Lower interest rates helped make homes more affordable to median-income families even as house prices continued to inch up in metro areas across the country in the third quarter, according to t...

Sales, Prices Remain Higher than 2011

Denver, CO – November 15, 2012) - October saw a continuation of the trend throughout the year, with both home prices and home sales rising above the levels seen one year ago. In the October RE/MAX National Housing report, a survey of MLS data in 52 m...

Mangano, Cuomo Announce FEMA Emergency Assistance for Homeowners

New York, NY - November 15, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano and Governor Andrew M. Cuomo today announced that FEMA will issue Emergency Assistance for New Yorkers whose homes were affected by Hurricane Sandy. At the...

BISHOP HAILS NEW FEMA PROGRAM TO HELP STORM AFFECTED RESIDENTS STAY IN THEIR HOMES...

New York, NY - November 15, 2012 - (RealEstateRama) -- New York State, Local and Tribal Governments can now apply for FEMA assistance that may enable families to remain in their storm-damaged homes while permanent repairs are completed, or return to th...

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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