Yearly Archives: 2012

NAR Presents Realtor® Bruce Aydt with Distinguished Service Award

WASHINGTON, DC - November 12, 2012 - (RealEstateRama) -- Bruce Aydt, a Realtor® from the St. Louis, Mo., area, has received the National Association of Realtors® 2012 Distinguished Service Award. Out of 1 million Realtors®, no more than two are reco...

MAYOR BLOOMBERG ANNOUNCES NEW PROGRAM TO REPAIR DAMAGED HOMES AND UPDATES NEW YORKERS ON...

New York, NY - November 12, 2012 - (RealEstateRama) -- "The first is getting emergency help to the people who need it the most. That's why over the past eight days, distribution sites we've established have provided nearly two million prepared meals, n...

Lautenberg Presses Obama Administration to Expand Housing Options for New Jersey Residents Displaced By...

NEWARK - November 12, 2012 - (RealEstateRama) -- U.S. Senator Frank R. Lautenberg wrote to President Obama expressing concern about the availability of housing options for New Jersey residents displaced by Hurricane Sandy. While the Federal Emergency ...

Las Vegas Woman Convicted for Role in Mortgage Fraud Scheme

WASHINGTON, DC - November 12, 2012 - (RealEstateRama) -- A Las Vegas mortgage agent was found guilty today for participation in a mortgage fraud scheme that netted $1.2 million in fraudulent mortgage loans, announced Assistant Attorney General Lanny A....

NARI Offers Tips to Hurricane Victims to Avoid Home Repair Scams

WASHINGTON, D.C. - November 12, 2012 - (RealEstateRama) -- The National Association of the Remodeling Industry offers tips for homeowners affected by Superstorm Sandy to avoid home repair scams.

National Multi Housing Council Names Betsy Feigin Befus to General Counsel

WASHINGTON, D.C. - November 12, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) named Betsy Feigin Befus to the newly-created position General Counsel, heading up legal affairs and legal advocacy initiatives on behalf of the organi...

OBAMA ADMINISTRATION RELEASES OCTOBER HOUSING SCORECARD

WASHINGTON, DC - November 12, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a compreh...

More Cash Sales, Shrinking Time on Market Show Changing Buyer Dynamics

WASHINGTON, D.C. - November 12, 2012 - (RealEstateRama) -- ORLANDO (November 10, 2012) – All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, revealing the changing dynamics of ...

Mortgage industry pushes for broad legal protections for high-cost loans

Chicago, IL - November 12, 2012 - (RealEstateRama) -- A mortgage industry-backed legislative push to weaken an effort to encourage lenders to make safe and sustainable loans is likely to kick off in the weeks following the election.

Realtors® Celebrate 100 Years of Quality Service Through the Code of Ethics

ORLANDO - November 12, 2012 - (RealEstateRama) -- 2013 will mark the 100th year members of the National Association of Realtors® have subscribed to a strict Code of Ethics. Though the real estate industry itself has evolved over the past century, NAR

FTC Begins Refund Process for Consumers Harmed by Mortgage Foreclosure ‘Rescue’ Scheme

WASHINGTON, D.C. - November 12, 2012 - (RealEstateRama) -- To help Spanish-speaking consumers recover money lost to a scam that promised to stop foreclosure or obtain mortgage loan modifications, the Federal Trade Commission mailed claim forms this wee...

Realtors® Salute and Help Serve Those Who Served Our Country

ORLANDO - November 12, 2012 - (RealEstateRama) -- In honor of Veteran’s Day, the National Association of Realtors® thanks and recognizes America’s veterans and active duty military for all that they do to serve and protect our nation’s freedom.

Lee & Associates Negotiates $17.4 Million Office Sales Transaction

Torrance, CA - November 9, 2012 - (RealEstateRama) -- The Regents of the University of California have purchased Intellicenter-Riverside, a prominent three-story building on Meridian Parkway along Interstate 215 in Riverside, California, for $17.4 mill...

DEP Hosts Free Salt Management Workshops For Private, Public Plow Operators and Property Managers

With winter coming, the state’s environmental agency is teaching those who apply de-icing salt how to save money, protect natural resources and maintain safety through appropriate application- AUGUSTA – November 9, 2012 – (RealEstateRama)...

Statement of David Stevens on Basel III Announcement

Washington, DC - November 9, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today issued the following statement in reaction to the announcement by federal financial regulators that they do no...

Mangano: Insurance Claim Advice Related to Hurricane Sandy Property Damage at Cedar Creek Park

New York, NY - November 9, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano, in partnership with New York State Governor Andrew Cuomo, today announced that the New York State Department of Financial Services will be available at Ced...

NYCHA Development Hurricane Sandy Progress Report

November 9, 2012 - (RealEstateRama) -- NYCHA is working to restore power, heat and hot water to developments currently without service due to the storm. During the past week NYCHA has returned heat and hot water to many buildings across the city and is...

MAYOR BLOOMBERG ANNOUNCES NEW TEMPORARY GUIDELINES TO SPEED HEATING OIL DELIVERIES AND BOILER REPAIRS...

New York, NY - November 9, 2012 - (RealEstateRama) -- Mayor Bloomberg today announced new temporary guidelines to speed heating oil deliveries and boiler repairs that will ensure New Yorkers can heat homes and businesses. As a result of Hurricane Sandy...

RAHALL WARNS AGAINST FEDERAL BUDGET CUTS THAT THREATEN REGION’S ECONOMIC DEVELOPMENT

JENNIES CREEK, W.Va. - November 9, 2012 - (RealEstateRama) -- At the opening ceremony to mark the completion of two major water extension projects in the Mingo County Public Service District, U.S. Rep. Nick J. Rahall (D-WV) Thursday underscored the val...

Ohioans Should Use Winter Safety Week to Prepare Homes and Vehicles

COLUMBUS - November 9, 2012 - (RealEstateRama) -- A bit of preventative maintenance winterizing your home and car could save you a big hassle and even money once winter weather arrives. That’s why Ohio Lieutenant Governor and Department of Insurance ...

Alabama Real Estate Developer Charged with Illegally Filling Protected Mississippi Wetlands

WASHINGTON, D.C. - November 9, 2012 - (RealEstateRama) -- William R. “Rusty” Miller, a real estate developer from Fairhope, Ala., has been indicted by a federal grand jury in Jackson, Miss., for the unpermitted filling of wetlands near Bay St. Loui...

Remarks of David Stevens at MBA’s 2012 Independent Mortgage Bankers Conference

Dallas, TX - November 9, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today delivered remarks at the association’s inaugural Independent Mortgage Bankers Conference

SEC Charges Baton Rouge-Based Investment Adviser with Hiding Losses From Mortgage-Backed Securities Investments

Washington, D.C. - November 9, 2012 - (RealEstateRama) -- The Securities and Exchange Commission today charged a hedge fund manager in Baton Rouge, La., with defrauding investors by hiding millions of dollars in losses suffered during the financial cri...

Realtors® ReThink the Future of Real Estate

ORLANDO - November 9, 2012 - (RealEstateRama) -- Real estate is facing a transformation in the coming years, given the nation’s economic concerns, demographic trends and shifting socio-economic landscape. As Realtors® gather this week for NAR’s an...

Realtors® Think Globally, Act Locally

ORLANDO - November 9, 2012 - (RealEstateRama) -- Florida is not only the host state for this year’s Realtors® Conference & Expo; it’s also the fastest growing destination of choice for international buyers, accounting for 26 percent of foreign pur...

Scottsdale Shopping Center Sold to Private Investment Group for $38.7M

SCOTTSDALE, AZ - November 8, 2012 - (RealEstateRama) -- The Lincoln Village Shops retail shopping center has sold to a privately owned real estate investment company for $38,712,500. Bethesda, Maryland-based Global Retail Investors purchased the 71,142...

LIHTC Property Owners May Provide Temporary Housing

November 8, 2012 - (RealEstateRama) -- Due to the massive amount of damage and the number of displaced residents resulting from Hurricane Sandy, especially on the Connecticut shoreline, the IRS has recently published Notice 2012-68, which gives propert...

Admiral Capital Real Estate Fund Makes First Multifamily Investment in Joint Venture with Wood...

San Antonio, TX - November 8, 2012 - (RealEstateRama) -- San Antonio-based Admiral Capital Real Estate Fund and Wood Partners of Atlanta have acquired 209 apartments within The Brookhaven, a Class A urban high-rise located on the northern perimeter of ...

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LANSING, MI - November 8, 2012 - (RealEstateRama) -- Just as the housing market is showing signs of recovery, Gov. Rick Snyder today signed legislation that will help keep the momentum going by updating and realigning several Michigan State Housing Dev...

BE PREPARED FOR THE FEMA HOME INSPECTION

NEW YORK CITY - November 8, 2012 - (RealEstateRama) -- Residents awaiting inspectors sent by the Federal Emergency Management Agency can begin their cleanup process and remove trash prior to the arrival of FEMA inspectors. If you do not have insurance...

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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