Yearly Archives: 2012

National Affordable Housing Awards Recognize Outstanding State Programs

October 26, 2012 - (RealEstateRama) -- Twenty (20) state Housing Finance Agency (HFA) programs received Annual Awards for Program Excellence during the National Council of State Housing Agencies (NCSHA) 2012 Annual Conference & Showplace in Orland...

Project Homeless Connect Launches Every Day Connect

San Francisco, CA - October 25, 2012 - (RealEstateRama) -- Mayor Edwin Lee and Lieutenant Governor Gavin Newsom today launched a new Project Homeless Connect service – Every Day Connect – to meet the needs of people every day who are homeless or in...

MassHousing Closes on $50.6 Million in Financing for the Acquisition and Preservation of Affordable...

BOSTON - October 25, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed $50.6 million in financing for the acquisition and preservation of four affordable housing developments in Boston, Beverly, Maynard and Medfield.

7 Days Notice: Last Call for Anchorage Families Seeking Rental Assistance

ANCHORAGE, AK - October 25, 2012 - (RealEstateRama) -- Alaska Housing Finance Corporation’s (AHFC) Housing Choice Voucher program is accepting applications for seven remaining days. The program is open to individuals and families in need of rental as...

September Area Housing Permits Highest Since 2008

October 25, 2012 - (RealEstateRama) -- In cities across the Greater Kansas City Metropolitan Area, housing production continues to climb in 2012 with the total permit number coming in as the highest since 2008, according to the Home Builders Associatio...

New Development for Formerly Homeless Veterans Celebrates Opening in Springfield Veterans will be connected...

SPRINGFIELD - October 25, 2012 - (RealEstateRama) -- Property manager Anthony Jones understands what veterans at the new Fifth Street Renaissance Veterans Shelter have been through because he’s lived it, too

LIU STATEMENT ON US ATTORNEY’S MORTGAGE FRAUD LAWSUIT AGAINST BANK OF AMERICA

NEW YORK, NY - October 25, 2012 - (RealEstateRama) -- City Comptroller John C. Liu released the following statement on the $1 billion lawsuit filed by the U.S. Attorney in Manhattan against Bank of America (NYSE:BAC) for fraudulent mortgage practices:

Remodeling Market Index Climbs Five Points, Returns to 2005 Levels

WASHINGTON, D.C. - October 25, 2012 - (RealEstateRama) -- The Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012, up from 45 in the previous quarter, according to the National Association of Home Builders (NAHB). Released today, t...

September Pending Home Sales Show Slight Improvement

WASHINGTON, DC - October 25, 2012 - (RealEstateRama) -- Pending home sales were little changed in September but remain well above a year ago, according to the National Association of Realtors

ST. LUKE’S MANOR IN CLEVELAND TO RECEIVE NATIONAL TRUST/HUD SECRETARY’S AWARD FOR EXCELLENCT IN...

WASHINGTON2012 National Trust/Department of Housing and Urban Development Secretary’s Award for Excellence in Historic Preservationto Saint Luke’s Manor in Cleveland, Ohio. The project is one of 22 award winners to be honored by the National Trust...

New-Home Sales Rise 5.7 Percent in September

WASHINGTON, D.C. - October 25, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bu...

GPE Announces 20 New Commercial Transactions

October 23, 2012 (Phoenix, Arizona) – GPE Companies (gpe1.com) reports the following transactions: Sales Phoenix, AZ – Maricopa Foundation for Medical Care purchased 8,340 SF for $425,000 at 1817 North 3rd Street. Kathleen M. Morgan, CC buy...

Grijalva Congratulates Cocopah on New Federal Grants From Depts. of Agriculture, HUD to Rehabilitate...

Yuma, AZ - October 24, 2012 - (RealEstateRama) -- Rep. Raúl M. Grijalva today congratulated the Cocopah Indian Tribe on a new $27,500 grant from the U.S. Department of Agriculture and a $605,000 grant from the Department of Housing and Urban Developm...

Foreclosures Drain $2 Trillion from Neighboring Homes, Half from Neighborhoods of Color

WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Foreclosures across the United States have drained nearly $2 trillion in property value from surrounding households, more than half of it from African-American and Latino homeowners, a new study...

ROCKEFELLER, MANCHIN & RAHALL APPLAUD FEMA FOR GRANTING 16 ADDITIONAL WEST VIRGINIA COUNTIES INDIVIDUAL...

WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Senators Jay Rockefeller and Joe Manchin, along with Congressman Nick Rahall, today applauded the Federal Emergency Management Agency for granting 16 additional West Virginia counties individual...

MBA Announces 2013 Commercial Real Estate/Multifamily Finance Board of Governors Leadership and New Members

Chicago, IL - October 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Brian F. Stoffers, CMB, President, CBRE Capital Markets as the new Chair of its Commercial Real Estate/Multifamily Finance Board...

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Mortgage applications decreased 12.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Octo...

Disaster Recovery Center Opens Today in Metairie

BATON ROUGE, LA - October 24, 2012 - (RealEstateRama) -- A State/FEMA Disaster Recovery Center opened today in Jefferson Parish to assist homeowners, renters and business owners who sustained uninsured or underinsured damage to their home or personal p...

FHFA House Price Index Up 0.7 Percent in August

Washington, DC - October 24, 2012 - (RealEstateRama) -- U.S. house prices rose 0.7 percent on a seasonally adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported ...

Realtor® Good Neighbor Award Winners Strengthen Communities, Improve Lives of Neighbors Nationwide

WASHINGTON, DC - October 24, 2012 - (RealEstateRama) -- Realtors® work tirelessly to strengthen the communities in which they live and work, as well as improve the lives of their neighbors. For the past 13 years the Good Neighbor Awards program has re...

MBA Awards Gary Acosta Investing in Communities Award

CHICAGO, IL - October 23, 2012 - (RealEstateRama) -- Gary Acosta, executive chairman of New Vista Asset Management and co-founder of the National Association of Hispanic Real Estate Professionals (NAHREP), was awarded the Investing in Communities Award...

First Phase of Construction Complete for Meridian Town Center

Torrance, CA - October 23, 2012 - (RealEstateRama) -- Construction has completed on the first phase of Meridian Town Center, a 970,000+-square-foot shopping center in Meridian, Idaho. Phase one consisted of building a 325,000-square-foot power center, ...

Tight housing inventory hinders California pending home sales in September; share of equity sales...

LOS ANGELES, CA - October 23, 2012 - (RealEstateRama) -- A continued lack of housing inventory constrained California pending home sales in September, while the share of equity sales reached its highest level in four years, CALIFORNIA ASSOCIATION OF RE...

State Invests Federal Tax Credits to Boost Affordable Housing Construction

CHICAGO - October 23, 2012 - (RealEstateRama) -- Nearly 700 affordable rental apartments will be built across Illinois, increasing housing opportunities for working families, seniors and people with special needs and disabilities, thanks to the allocat...

MBA Honors Joe Reppert With Distinguished Service Award

CHICAGO, IL - October 23, 2012 - (RealEstateRama) -- Joe Reppert, Vice Chairman of CoreLogic, received the Andrew D. Woodward Distinguished Service Award today by the Mortgage Bankers Association (MBA) in recognition of his dedicated and prominent serv...

Congresswoman Wilson Connects Homeowners with Federal Foreclosure Assistance Programs

MIAMI, FL - October 23, 2012 - (RealEstateRama) -- Congresswoman Frederica Wilson (D-Fla.) will hold a foreclosure prevention workshop on Wednesday, October 24, 2012, from1:00pm to 8:00pm at The Fountain of New Life Church, 4601 NW 167th Street, Miami ...

MORPAC Honors Jamie Korus, CMB, with the Distinguished 2012 Schumacher-Bolduc Award

Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Political Action Committee (MORPAC) today awarded Jamie Korus, CMB, President of Alliance Financial Resources, with the 2012 Schumacher-Bolduc Award at the association’s 99th A...

CITY OF YONKERS, MUNICIPAL HOUSING AUTHORITY OF YONKERS AND THE COMMUNITY BUILDERS AWARDED $300,000...

YONKERS, NY - October 23, 2012 - (RealEstateRama) -- Mayor Mike Spano announced today the City along with the Municipal Housing Authority of Yonkers and The Community Builders have been awarded $300,000 by the U.S. Department of Housing and Urban Devel...

MBA Announces Members and Leadership of 2013 Residential Board of Governors (RESBOG) and 2013...

Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Chairman of its 2013 Residential Board of Governors (RESBOG) and...

Debra W. Still, CMB, Sworn in as 2013 MBA Chairman

Chicago, IL - October 23, 2012 - (RealEstateRama) -- Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, was sworn in today as the 2013 Chairman of the Mortgage Bankers Association (MBA) at the association’s 99th Annual ...

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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