California RealEstateRama

San Francisco, CA - November 9, 2010 - (RealEstateRama) -- True to their reputation, Zephyr Real Estate agents are once again proving themselves ahead of the curve when it comes to technology. Of the 204 e-PRO® certified agents in San Francisco, nearly one-third are with Zephyr Real Estate. That’s more than any other brokerage in the City

November 9, 2010 - (RealEstateRama) -- Five youth from East Los Angeles public housing communities got a rare chance to meet Hollywood A-listers and empower youth in Beverly Hills on Sunday October 17. German Sanchez, Ismael Quesada, Christian Canizales, Anthony Moreno, and Alex Rivera were special guests at Tony Hawk Foundation’s, SHRED Presents Stand Up for Skateparks benefit event to raise funds for a new skate park in Long Beach.

FRESNO, CA - November 5, 2010 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that a federal grand jury returned a four-count indictment today, charging Brian Keith Cortez, 47, of Fresno, with evading the assessment of income taxes.

LOS ANGELES, CA - November 5, 2010 - (RealEstateRama) -- Mayor Antonio Villaraigosa, Congresswoman Lucille Roybal-Allard and Councilwoman Jan Perry were joined by Enterprise Community Partners (Enterprise), Single Room Occupancy (SRO) Housing, new residents and neighbors to celebrate the grand opening of the Renato Apartments located at 531 S. San Julian Street on Skid Row. A $25 million development, the Renato will provide 96 affordable studio apartments for extremely low-income residents.

Washington, DC - November 5, 2010 - (RealEstateRama) -- Congresswoman Mary Bono Mack (CA-45) applauded the approval of the Genesis Solar Project by the U.S. Department of Interior, which will be located 25 miles west of Blythe. The Congresswoman has been a leader in Congress on the issues of solar, alternative and renewable energy production, and has worked tirelessly to support the increased use of these technologies throughout the 45th Congressional District. According to Bono Mack, the Genesis Solar Project will produce 250 megawatts of energy, enough to power 75,000 to 187,000 homes with clean energy.

EUGENE, OR - November 5, 2010 - (RealEstateRama) -- The new IDX enabled website of agent Jim Somers, syncs thousands of MLSListings properties with his dynamic website made possible by IDX, Inc. Potential buyers can engage with MLSListings in ways never before available to potential buyers, from the convenience of the search page on Somers site. Redwood City, California homes are now seamlessly integrated, making the online property search simple for both home seekers and real estate professionals, like Somers.

Anaheim, CA - November 2, 2010 - (RealEstateRama) -- Jamboree Housing Corporation, a leading developer of affordable housing in California, announced today the grand opening of Greenleaf Family Apartments in Anaheim, CA on Tuesday, November 8, 2010 from 11:00 a.m. to 12:00 p.m. Program participants include Mayor Curt Pringle and City Councilmembers, Jamboree executives, partnership representatives and the Anaheim After-School Players, a group of students from Jamboree’s two other Anaheim properties, who will give a special welcome to their newest neighbors. Interview and photo opportunities are available

Bunker Hill, Downtown, Los Angeles, CA - November 1, 2010 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) congratulated the residents and staff of Angelus Plaza on the affordable housing community’s 30th anniversary of serving older adults in Los Angeles

LOS ANGELES, CA - October 26, 2010 - (RealEstateRama) -- A Downey man has agreed to plead guilty to federal fraud and money laundering charges, admitting that he ran two fraudulent operations—a Ponzi scheme that took in $30 million from more than 300 victims and a mortgage fraud scheme that preyed on homeowners by stealing the equity from their homes and secretly taking title to their properties

WASHINGTON, DC - October 25, 2010 - (RealEstateRama) -- Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, issued a statement following the release of a Federal Housing Finance Agency (FHFA) report stating that Fannie Mae and Freddie Mac’s taxpayer bailout will exceed $360 billion over the next three years.

WASHINGTON, DC - October 21, 2010 - (RealEstateRama) -- Today Congressman Mike Thompson announced that the Rural Community Assistance Corporation will receive $2 million as part of the CDFI’s Capital Magnet Fund Program through the Treasury Department. These funds will allow the Rural Community Assistance Corporation (RCAC) to support local single and multifamily affordable housing projects in rural areas.

Torrance, CA - October 21, 2010 - (RealEstateRama) -- Lee & Associates Central Coast is pleased to announce that Jason Hart will be joining the company’s San Luis Obispo Office as an associate. Hart joins the Lee team as a broker specializing in office, investment and multifamily brokerage.

SAN FRANCISCO, CA - October 13, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. announced today that California has joined a coalition of 50 attorneys general and dozens of state banking regulators in a multi-state effort to demand that lenders find solutions to serious and potentially widespread problems in the foreclosure process across the country.

October 11, 2010 - (RealEstateRama) -- The California Reinvestment Coalition applauds Bank of America's decision to halt foreclosure sales in all 50 states. The decision comes after reports last week of servicers-- dubbed "robo-signers"-- who signed thousands of foreclosure documents on a daily basis without properly reviewing the information in the documents. Last week, Bank of America, JP Morgan Chase, and GMAC decided to stop all foreclosures in the 23 states where foreclosure must be approved by a judge. The California Reinvestment Coalition urges JP Morgan Chase, GMAC, Wells Fargo, and other banks and servicers to follow Bank of America's lead and immediately freeze all foreclosures in the country

SAN FRANCISCO, CA - October 11, 2010 - (RealEstateRama) -- Following his office's negotiations with the state's top loan servicers and today's announcement by Bank of America that it is temporarily halting foreclosures nationwide, Attorney General Edmund G. Brown Jr. today called on the state's other lenders to halt foreclosing on California homes until the banks can demonstrate that they are complying with state law

SANTA ANA, CA - October 8, 2010 - (RealEstateRama) -- An Orange County attorney has been indicted on charges related to a mortgage fraud scheme in which 30 homes were purchased at inflated prices, with the excess proceeds going to the lawyer and other members of the conspiracy.

FREMONT, CA - October 8, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. announced charges today against two "callous con artists" who took thousands of dollars from dozens of struggling Northern California homeowners for foreclosure services never delivered.

October 8, 2010 - (RealEstateRama) -- California's Building Standards Code will change in 2011, and all development project and permit applications that are submitted to the City of Long Beach on or after January 1, 2011 must comply with the updated code.

Washington, D.C. - October 6, 2010 - (RealEstateRama) -- Rep. Lynn Woolsey, D-Petaluma, and 30 other members of the California Democratic Congressional Delegation sent a letter Tuesday to the Attorney General, Federal Reserve Chairman, and the Comptroller of the Currency requesting investigations into possible systemic wrongdoing by financial institutions in their handling of delinquent mortgages, mortgage modifications, and foreclosures.

Washington, DC - October 6, 2010 - (RealEstateRama) -- Today, Congresswoman Lucille Roybal-Allard joined 30 other Members of the California Democratic Congressional Delegation in sending a letter to Attorney General Holder, Federal Reserve Chair Bernanke, and Comptroller of the Currency Dugan requesting investigations into systemic wrongdoing by financial institutions in their handling of delinquent mortgages, mortgage modifications, and foreclosures.

One hundred new apartment homes for low- income seniors coming to Wilmington Community. October 5, 2010 - (RealEstateRama) -- Mayor Antonio Villaraigosa today celebrated the groundbreaking of the Dana Strand Senior Apartments, a renovated 100 unit complex that will open in 2011

San Francisco, CA - October 4, 2010 - (RealEstateRama) -- Interactive Media Awards has announced that Zephyr Real Estate is a recipient of the 2010 Outstanding Achievement award for its new website. In worldwide competition with more than 60 other related industry websites, Zephyr scored 471 of a possible 500. Website scores are based on five criteria: design, content, feature functionality, usability, and standards compliance and cross-browser compatibility.

LOS ANGELES, CA - October 4, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. has demanded that JP Morgan Chase prove immediately that it is complying with state law or, if it cannot, halt foreclosing on California homes.

October 1, 2010 - (RealEstateRama) -- Mayor Antonio Villaraigosa today celebrated the groundbreaking of Glenoaks Gardens- a permanent supportive housing development in Sun Valley.

LOS ANGELES, CA - October 1, 2010 - (RealEstateRama) -- A federal grand jury has indicted a Downey man on a series of fraud charges for allegedly running two related fraud schemes—a Ponzi scheme that took more than $11 million from more than 300 victims, and a mortgage fraud scheme that preyed on homeowners by stealing the equity from their homes and secretly taking title to their properties.

LOS ANGELES, CA - October 1, 2010 - (RealEstateRama) -- Representatives of the Financial Fraud Enforcement Task Force met in Los Angeles today for the latest in a series of Mortgage Fraud Summits. The task force—established by President Barack Obama in November 2009 to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes—is comprised of representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement agencies.

Los Angeles, CA - October 1, 2010 - (RealEstateRama) -- Councilmember Alarcon will attend to help kick-off the event. Additional organizations supporting the fair include Los Angeles Neighborhood Housing Services (LA NHS), City of Los Angeles, FDIC, Keep Your Home Foundation, Bet Tzedek, Legal Aid Foundation-Los Angeles and Public Counsel. The CALIFORNIA ASSOCIATION OF REALTORS(r) is working in conjunction with the partnership as well

Downtown Los Angeles, CA - September 30, 2010 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard joins community leaders in welcoming U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan to the site of the New Genesis apartment project on Main Street.

Washington, DC - September 30, 2010 - (RealEstateRama) -- Today, Rep. Gary Miller introduced H.R. 6256, the Strengthening FHA Through Shared Equity Homeownership Act of 2010. This legislation would establish a shared equity homeownership pilot program through the Federal Housing Administration to lessen the risk of homeownership and decrease FHA’s vulnerability to fluctuations in the housing market.

Washington, DC - September 30, 2010 - (RealEstateRama) -- Today, Congressman Joe Baca (D-Rialto) introduced legislation to assist struggling homeowners seeking loan modifications through the often complex Home Affordable Modification Program (HAMP). The Office of the Homeowner Advocate Act of 2010 creates an independent office to assist homeowners, housing counselors, and attorneys in resolving problems with HAMP, and give homeowners a greater level of control over the loan modification application process.