Missouri RealEstateRama
Attorney General Koster announces settlement in foreclosure scheme
Jefferson City, MO - May 5, 2011 - (RealEstateRama) -- Attorney General Chris Koster said today he has obtained a consent judgment against a Greene County man who allegedly engaged in a foreclosure scam to trick vulnerable homeowners into transferring ownership of their homes to him and his associates.
Former Woodbury Financial Services Representative Along with a Coral Mortgage Operator Plead Guilty to...
ST. LOUIS, MO - May 2, 2011 - (RealEstateRama) -- The United States Attorney’s Office announced the guilty pleas of Joshua Gould, a former financial representative with Woodbury Financial Services, Inc. and affiliate of Spetner Associates; and David Rubin, employee and operator of two local offices of Coral Mortgage Bankers Corporation.
State Treasurer Clint Zweifel opens up 1,200 new safe deposit boxes
JEFFERSON CITY, MO - March 22, 2011 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) today opened the Unclaimed Property vaults sharing some of the most interesting pieces found in the safe deposit boxes he has received since November. Treasurer Zweifel showcased 19th-century Bank of St. Louis currency, a tortoise shell baby rattle, gold coins and military memorabilia from the 1,200 safe deposit boxes received from more than 100 banks
Koster says settlement with banks over robo-signing should include mortgage mitigation for homeowners
Jefferson City, MO - March 11, 2011 - (RealEstateRama) -- As serious discussions between the banking industry and the 50-state multigroup get underway in Washington, Attorney General Chris Koster said today that any settlement with the nation’s large banks should include substantial mortgage loss mitigation measures. Koster also said he is pleased that the fifty-state investigation into violations of law related to “robo-signing” has developed into a broad effort to stabilize the housing mortgage market.
Missouri Housing Agency Receives Green Award from City of Pacific, MO
March 3, 2011 - (RealEstateRama) -- The city of Pacific, Missouri, in presenting its inaugural Green Awards, honored Patrick Warner of Arapaho Development for “exemplary use of sustainable technology for the conservation of energy and natural resources” in the construction of Millstone Village, Phases I and II, an affordable housing development for seniors in Pacific
Missouri Agencies Receive $24 Million in Homeless Support Funding
Kansas City, MO - February 8, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) has announced the award of more than $24 million in funding for Missouri’s 111 programs that combat homelessness. Agencies throughout the state will use this money to fund their existing housing and supportive service programs for individuals and families moving from homelessness to independence. (HUD funding for new projects will be announced later in the year.)
St. Louis Fed Sponsors Forum on St. Charles County Foreclosures
ST. PETERS, MO - December 8, 2010 - (RealEstateRama) -- Officials from the St. Louis Fed recently joined state and county leaders to discuss the current foreclosure situation in St. Charles County and across the state; how crucial the stabilization of the housing market is to economic recovery, and how to best assist beleaguered borrowers.
*Media Advisory* St. Louis Fed Officials To Speak At St. Charles County Housing and...
November 18, 2010 - (RealEstateRama) -- Update on the Home Ownership and Foreclosures in St. Charles County
(Sponsored by the Federal Reserve Bank of St. Louis, the University of Missouri-St. Louis and local partners. Hosted by St. Charles County Government.)
Governor’s Committee to End Homelessness to Recognize National Hunger and Homelessness Awareness Week
November 17, 2010 - (RealEstateRama) -- National Hunger and Homelessness Awareness Week, November 14-20, is being honored at an all-day event hosted by the Governor’s Committee to End Homelessness on Thursday, November 18, at the state capitol. The theme of this year’s event and poster contest is “A Home for Everyone.”
Project Homeless Connect Event Coming to Sedalia in 2011
November 16, 2010 - (RealEstateRama) -- The Governor’s Committee to End Homelessness (GCEH) has selected Sedalia as the host city for its 2011 Project Homeless Connect Event to be held in the fall of 2011. The event is designed to serve the homeless population of Pettis County and the surrounding areas.
Missouri agencies seek $16 million in funding for homelessness prevention
November 3, 2010 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC), which administers the Missouri Housing Trust Fund (MHTF), has received applications from agencies in the latest funding round in excess of $16 million. The agencies have requested MHTF monies for a variety of housing needs, including assistance to homeless shelters, providing rent subsidies and funds for emergency home repairs, and the construction and rehabilitation of low-income rental housing. $3.7 million in funding is available for allocation.
MHDC Helps More than 82,000 Missouri First-Time Homebuyers
October 28, 2010 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC) for more than 30 years has provided low-interest, fixed-rate mortgage options to under-served Missouri households. The agency recently marked a significant milestone in its history, having provided a total of $5 billion in mortgages to more than 82,000 first-time homebuyers.
Bond Tours Grace Hill, Announces that $1 Million in Federal Funds for Low-Income Housing...
ST. LOUIS, MO - October 19, 2010 - (RealEstateRama) -- U.S. Senator Kit Bond today visited Grace Hill Water Tower Health Center in St. Louis for an update on their mission to help revitalize and empower St. Louis neighborhoods most in need. The Senator also announced that $1 million in federal dollars to help Grace Hill renovate low-income housing cleared an important hurdle in Congress.
Local Real Estate Developer Indicted on Bank Fraud Charges
ST. LOUIS, MO - August 13, 2010 - (RealEstateRama) -- The United States Attorney’s Office announced today that John R. Steffen was indicted on fraud charges involving his scheme to defraud The Business Bank of St. Louis by pledging Brownfield Remediation Tax Credits as collateral on a loan, and selling them to use the proceeds for other projects.
Credit History Fraud Alleged in $3 Million Lee’s Summit Mortgage Scheme
KANSAS CITY, MO - August 5, 2010 - (RealEstateRama) -- Beth Phillips, United States Attorney for the Western District of Missouri, announced that a California woman and a Florida man were indicted by a federal grand jury today for their roles in a credit history fraud that allegedly contributed to a nearly $3 million mortgage fraud scheme in Lee’s Summit, Missouri.
Local Builder Stay Optimistic Despite Permit Drop
July 28, 2010 - (RealEstateRama) -- Monthly permit numbers declined slightly in April while year over year permit numbers continued a modest increase for the fourth consecutive month according to statistics compiled by the Home Builders Association of Greater Kansas City (HBA). A seasonally adjusted total of 194 single-family homes were permitted in April, down from a revised total of 207 homes in March.
Results of Soil Sampling near Soccer Complex in Cameron, Mo., Inconclusive; EPA Seeks Permission...
Kansas City, KS - June 28, 2010 - (RealEstateRama) -- Because lab results from a preliminary round of soil sampling at the Cameron, Mo., Soccer Complex and adjacent properties are inconclusive, EPA Region 7 will conduct a second round of soil sampling from the site, and will seek permission to conduct new, first-time sampling on three other private properties nearby.
Customizable IDX solution brings St. Louis area listings to the fingertips of local home...
EUGENE, OR - June 23, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce the addition of the owner of Chapa Realty, Steven Chapa to the growing team of dedicated real estate professionals choosing to update their websites with the innovative IDX Broker software. Now, Chapa can display the extensive Mid American Regional Info Systems (MARIS) listings directly on his website, giving his clients the most comprehensive listings database to search through. Now more than ever before, home seekers in Saint Peters, Missouri can access the listings they want to see, from the convenience of his website
Grassley, Bond Work for Accountability with Stimulus Dollars for Housing
WASHINGTON, DC - June 22, 2010 - (RealEstateRama) -- Senators Chuck Grassley and Kit Bond have sent a letter to the Secretary of the Department of Housing and Urban Development, or HUD, reiterating their concerns about possible waste, fraud and abuse in the Department’s distribution of stimulus funds to troubled Public Housing Authorities.
Innovative IDX Technology Integrates MLS Listings With Properties Listed With Real Estate Agent David...
EUGENE, OR - May 25, 2010 - (RealEstateRama) -- Springfield, Missouri's Realty Choice Realtor David Sekunda has chosen to create a unique and effective real estate website with the help of IDX, Inc. and their innovative IDX Broker software. The customizable IDX solution displays Springfield Multi-List MLS's (SMLMLS) raw listing data directly on Sekunda's website, integrating local area listings with the properties Sekunda himself represents.
Former Mortgage Broker, California Woman Plead Guilty to Mortgage Fraud
KANSAS CITY, MO - May 25, 2010 - (RealEstateRama) -- Beth Phillips, United States Attorney for the Western District of Missouri, announced today that two more defendants have pleaded guilty in federal court to charges related to mortgage fraud schemes, including a $12.6 million conspiracy that involved 25 upscale residential properties in Lee’s Summit, Missouri and Raymore, Missouri and a property-flipping scheme in Kansas City, Missouri.
BOND, CLEAVER, LOCAL LEADERS BREAK GROUND FOR NEXT PHASE OF PALESTINE SENIOR HOUSING COMPLEX
KANSAS CITY, MO - May 17, 2010 - (RealEstateRama) -- U.S. Senator Kit Bond today joined U.S. Representative Emanuel Cleaver, members of the Palestine Economic Development Corporation, members of the Kansas City City Council, and other community leaders to break ground for the next phase of the Palestine Commons Senior Housing Complex
Skelton: Producing More Energy at Home Is a National Security Imperative
WASHINGTON, D.C. - April 1, 2010 - (RealEstateRama) -- Today, Congressman Ike Skelton (D-Mo.) issued the following statement regarding the President’s decision to open previously-restricted offshore areas for oil and natural gas exploration
Bond: Organizations like NeighborWorks Key to Helping Families Find Affordable Housing, Avoid Foreclosure
WASHINGTON, DC. - March 23, 2010 - (RealEstateRama) -- U.S. Senator Kit Bond (R-MO) today addressed Missouri and national advocates for better neighborhoods and moderate- and low-income housing at the National NeighborWorks Association’s (NNA) Annual Legislative Day. During the event, Bond stressed the importance of the work done by organizations like NeighborWorks, particularly during the housing crisis, to help families find affordable housing and save their homes from foreclosure through services like counseling.
MoDOT Gearing Up to Sell More Excess Property
JEFFERSON CITY, MO - March 22, 2010 - (RealEstateRama) -- Thirty-two pieces of prime real estate throughout the state will go on the auction block April 26-30 when the Missouri Department of Transportation holds its second Realty to Roads property blitz.
New resource from Missouri Department of Insurance makes it easy to create a home...
Jefferson City, MO - March 12, 2010 - (RealEstateRama) -- Consumer advocates are encouraging Americans to become consumer savvy during National Consumer Protection Week, and here in Missouri, the Department of Insurance is helping homeowners and renters better protect themselves in the event of damage or theft to their property.
Consumer protection week scam of the day alert: foreclosure rescue
Jefferson City, MO - March 8, 2010 - (RealEstateRama) -- Attorney General Chris Koster said today the nation's financial crisis has led to rampant growth of foreclosure-rescue scams. Since he took office in January 2009, the Attorney General's Office has had 321 complaints of foreclosure fraud, compared with just 25 complaints in 2007 and 2008 combined, a more than one-thousand percent increase.
Property Sales Bring In Extra Funds for Road Projects
JEFFERSON CITY, MO - March 8, 2010 - (RealEstateRama) -- A state highway property sales blitz has generated more than $675,000 for road and bridge projects that will make Missouri highways smoother and safer.
The Missouri Department of Transportation tried something new last November - an all-out attempt to sell multiple properties across the state in a short period of time. The agency identified 21 highly marketable properties, then advertised them for sale by auction or sealed bid over a five-day period. The realty blitz brought in $676,739 and transferred land the state no longer needed to build, improve and maintain the highway system to interested property buyers
Treasurer Clint Zweifel announces $575,000 small business loan in St. Charles impacting 23 local...
ST. CHARLES, MO - February 5, 2010 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) was in St. Charles today to announce a $575,000 small business loan impacting 23 local jobs. Treasurer Zweifel made the announcement at Sams Carpet Cleaning and Repair. The low-interest loan, made through the Missouri Linked Deposit Program, will save the company an estimated $37,000 in interest costs. Qualifying borrowers generally save 30 percent on the cost of the loan.
Luetkemeyer Supports Bi-partisan Bill Protecting Affordable Housing Efforts
WASHINGTON, D.C. - January 25, 2010 - (RealEstateRama) -- U.S. Rep. Blaine Luetkemeyer (MO-9) is supporting bi-partisan legislation ensuring that certain nonprofits like Habitat for Humanity are protected from troubling mortgage restrictions that could impact the way affordable housing is provided to needy families