Yearly Archives: 2012

NREL Employees and Managing Partner Pledge $500,000 to Aid Area Charities

WASHINGTON, D.C. - December 14, 2012 - (RealEstateRama) -- The employees of the National Renewable Energy Laboratory (NREL) and the Alliance for Sustainable Energy, LLC, have pledged more than $500,000 to support local charities during the lab’s annu...

Learn Rebuilding Techniques at Stores in East Haven, Fairfield and Orange

WINDSOR, CT - December 14, 2012 - (RealEstateRama) -- Outreach teams from FEMA will be at The Home Depot stores in East Haven, Fairfield and Orange this weekend to explain techniques that may reduce potential damage to homes, businesses and property fr...

Homeownership Preservation Foundation and Tennessee Attorney General Partner on Statewide Hotline to Facilitate Distressed...

WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure throug...

Encore Housing Project Receives $30 Million Grant

Tampa, FL - December 13, 2012 - (RealEstateRama) -- U.S. Rep. Kathy Castor announced today the award of a $30 million grant for the revitalization of northern downtown Tampa and the Encore redevelopment. Tampa is one of only four communities nationwide...

Rep. Mike Thompson, Bipartisan group of legislators urge President Obama to work with Congress...

Washington, DC - December 13, 2012 - (RealEstateRama) -- Rep. Mike Thompson and a bipartisan group of 29 Senators and Representatives sent a letter to President Obama Wednesday calling for Master Limited Partnerships and Real Estate Investment Trusts t...

CONSTRUCTION MATERIAL PRICES CONTINUE TO FALL IN NOVEMBER AS COSTS FOR KEY COMPONENTS DROP...

WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- Construction materials costs dropped in November, aided by a plunge in diesel prices along with smaller decreases in a variety of other inputs, according to an analysis of new federal figures r...

MBA: Third Quarter Independent Mortgage Banker Profits Increase

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,465 on each loan they originated in the third quarter of 2012, up from $2,152 per loan in the ...

HUD AWARDS NEARLY $109 MILLION TO FOUR COMMUNITIES TO REVITALIZE HOUSING, SURROUNDING NEIGHBORHOODS

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that four communities will receive a combined $108.9 million to redevelop distressed housing and bring comprehensi...

SETH LEONARD HIRED AS HOMEOWNERSHIP OUTREACH COORDINATOR

BURLINGTON - December 13, 2012 - (RealEstateRama) -- Executive Director Sarah Carpenter announced Seth Leonard of Winooski, VT has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator.

Portland Man Found Guilty of Conspiracy to Manufacture and Distribute Marijuana and Mortgage Fraud

PORTLAND, OR - December 13, 2012 - (RealEstateRama) -- On Friday, December 7, 2012, Tu Ngoc Tran, 38, of Portland, Oregon, was found guilty by a federal jury of conspiracy to manufacture or distribute marijuana, two counts of manufacture of marijuana, ...

Two Alabama Real Estate Investors and Their Company Plead Guilty to Conspiracies to Rig...

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- Two Alabama real estate investors and their company pleaded guilty today for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern A...

Public Assistance Mitigation Funds Can Help Break Cycle of Repetitive Loss

WINDSOR, CT - December 13, 2012 - (RealEstateRama) -- While the Federal Emergency Management Agency expects to help the state pay for repairing infrastructure damaged by Hurricane Sandy, FEMA can also help cover the costs of rebuilding critical infrast...

NAHB Pleased with 90-Day Delay but Still Advocates for a More Practical Fall Protection...

WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) applauds the federal Occupational Safety and Health Administration for listening to the industry’s plea to consider the negative implications ...

IOWA FINANCE AUTHORITY AND USDA RURAL DEVELOPMENT PARTNER TO AWARD $10 MILLION TO PRESERVE...

DES MOINES, IA - December 12, 2012 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors recently announced awards of more than $10 million to preserve and rehabilitate affordable housing in Cedar Rapids, Des Moines, La Porte City a...

Home buyers’ optimism contributes to recovering housing market, C.A.R. survey finds

LOS ANGELES, CA - December 12, 2012 - (RealEstateRama) -- In a sign of an improving housing market, California home buyers are more optimistic about the housing market now than they were three years ago, according to the CALIFORNIA ASSOCIATION OF REALT...

Alaska Housing Finance Corporation (AHFC) Christmas Fest and Gingerbread House Contest

Anchorage, AK - December 12, 2012 - (RealEstateRama) -- Beautiful holiday gingerbread houses and ugly Christmas sweaters highlight Alaska Housing Finance Corporation’s annual Christmas Fest.

Boston Public Library’s Building Boston Initiative Grows

December 12, 2012 - (RealEstateRama) -- Building Boston is a celebration of public spaces – the architectural and cultural cornerstones that make Boston the city it is. Along with examining parks, sports arenas, libraries, and transportation centers,...

Statement from Chief Financial Officer Jeff Atwater Regarding the Federal Housing Finance Authority’s Proposed...

TALLAHASSEE, FL - December 12, 2012 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater released the following statement regarding his public comments to the Federal Housing Finance Authority regarding the proposed tax on Floridians. The...

WPX ENERGY CONTRIBUTES $100,000 TO NORTH DAKOTA HOUSING INCENTIVE FUND

BISMARCK, N.D. - December 12, 2012 - (RealEstateRama) -- Gov. Jack Dalrymple and representatives from WPX Energy today announced the energy exploration and production company’s $100,000 contribution to the North Dakota Housing Incentive Fund (HIF), a...

Governor Cuomo Announces Banks and Mortgage Servicers to Expedite Insurance Payments to Homeowners

Albany, NY - December 12, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that major banks and mortgage servicers will take action to expedite insurance payments to New York homeowners. Currently, insurance claim checks must be endo...

Statement by Senator Dean Skelos on Reelection as Senate Republican Leader

December 12, 2012 - (RealEstateRama) -- I am honored that the members of our Senate Republican Conference have voted unanimously today to reelect me as their leader. I appreciate their support and confidence, and look forward to being a strong voice f...

November Market Report

MEMPHIS, TN - December 12, 2012 - (RealEstateRama) -- Memphis-area home sales for November increased 8.5 percent from a year ago, with 1,180 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sa...

Mortgage Rates Drop to New Lows in Latest MBA Weekly Survey

WASHINGTON, D.C. - December 12, 2012 - (RealEstateRama) -- Mortgage applications increased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dece...

Commercial and Multifamily Mortgage Debt Outstanding Increases for Fourth Straight Quarter

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their h...

JOHNSON STATEMENT ON RENTAL HOUSING ASSISTANCE HEARING

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing on the Department of Housing and Urban Development’s rental housing assistance programs. The Committee heard from HUD ...

Apartment Insurance Costs Increase for the Second Consecutive Year According to National Multi Housing...

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- The cost to insure apartments increased by 9.5 percent between 2011 and 2012, marking the second consecutive year of rising insurance expenditures according to the National Multi Housing Council

VA’s National Director for Homeless Programs Wins Award

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- Lisa M. Pape, the national director, Veterans Health Administration (VHA) homeless programs within the Department of Veterans Affairs, has been named recipient of the 2012 Knee – Wittman Awar...

Treasury, HUD and the Ad Council Launch National PSA Campaign to Reach Struggling Homeowners

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- To increase awareness of the Making Home Affordable® Program’s free resources and assistance for struggling homeowners, the U.S. Department of the Treasury (Treasury), the U.S. Department of H...

Kathy Baker Honored Among Top Industry Leaders

Denver, CO - December 12, 2012 - (RealEstateRama) -- Kathy Baker, RE/MAX Vice President of Franchise and Business Solutions was awarded RISMedia’s 2012 National Homeownership Award during its 17th annual Power Broker Dinner in Orlando, Fla.

Deputy Director Stephen Cross to Retire from FHFA

Washington, DC - December 12, 2012 - (RealEstateRama) -- Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced that Stephen Cross, FHFA’s Deputy Director of the Division of Federal Home Loan Bank Regulation, will retire fro...

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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