New Jersey RealEstateRama
New Jersey RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for New Jersey Real Estate publishing community.
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Employee of Essex County Division of Welfare Pleads Guilty to Falsifying Employment Records to...
TRENTON, NJ - November 19, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that an employee of the Essex County Division of Welfare pleaded guilty today to falsifying employment records in order to qualify for a $357,050 loan to buy a home in Newark
CHAIRMAN OF SENATE HOUSING SUBCOMMITTEE AND 16 COLLEAGUES URGE TREASURY TO IMPROVE FORECLOSURE PREVENTION...
WASHINGTON, DC - November 18, 2010 - (RealEstateRama) -- A group of 17 U.S. Senators, led by Senator Robert Menendez (D-NJ), are urging Treasury Secretary Timothy Geithner to make a series of alterations to the federal foreclosure prevention program so that more responsible but struggling homeowners can modify their mortgages. Menendez, who chairs the Senate Banking Subcommittee on Housing, Transportation and Community Development, and his colleagues wrote Geithner to express concern over the slow pace of mortgage modifications and the reluctance of some banks to cooperate in the Home Affordable Modification Program (HAMP). They suggested specific changes to the program, including
Father and Son Plead Guilty to Theft for Falsifying Loan Applications for $4.5 Million...
TRENTON, NJ - November 18, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a father and son pleaded guilty to theft charges today for stealing approximately $4.5 million from mortgage lenders by providing false information in home loan applications handled by their Totowa-based real estate firms, Casey Properties LLC, Lee Alan LLP and Andrea Management LLC.
In Case You Missed It: Mountain Lakes Councilman George Jackson – “…I’m starting to...
ATLANTIC CITY, NJ - November 18, 2010 - (RealEstateRama) -- Frustration boiled over at the League of Municipalities conference this morning, as local officials had a chance to address state lawmakers and a cabinet official on Gov. Chris Christie’s “tool kit” measures meant to help them curtail property taxes.
DiCICCO: HOW CAN DEMOCRATS CONTINUE TO IGNORE PLEAS FOR PROPERTY TAX REFORM?
November 17, 2010 - (RealEstateRama) -- After meeting with mayors and other local officials at the New Jersey State League of Municipalities' annual convention, Assemblyman Domenick DiCicco said the need for property tax reform has never been more urgent.
BRAMNICK SAYS ASSEMBLY COMMITTEES CONTINUE TO FREEZE OUT TAXPAYERS
November 15, 2010 - (RealEstateRama) -- Assembly Republican Conference Leader Jon Bramnick said Monday’s scheduled Assembly committee hearings are more noteworthy for bills that are not listed on the panels’ agendas instead of the items that will be considered. Six committees will convene, but none will be evaluating any of the property tax reform legislation contained in the Tool Kit.
DeCROCE: ASSEMBLY DEMOCRATS NOT LISTENING TO TAXPAYERS – NO TOOL KIT ITEMS ON MONDAY’S...
November 15, 2010 - (RealEstateRama) -- Assembly Democrats have cancelled four committee meetings on Monday, while the other six will consider 19 bills, none of which deals with the property tax reform measures contained in Governor Christie’s Tool Kit. Assembly Republican Leader Alex DeCroce, R-Morris and Passaic, said today it can’t be any clearer that the majority party does not believe that the issue of property taxes is the number one priority of New Jersey taxpayers.
DCA & HMFA Celebrate Grand Opening of 11-Unit Veterans Housing Complex in Highland Park
HIGHLAND PARK, N.J. - November 12, 2010 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined Middlesex County freeholders and other local officials to celebrate the grand opening of the Highland Park Veterans Housing Complex at 101 South Third Avenue. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided $1.89 million in construction financing from the Special Needs Housing Trust Fund for the project, which is providing supportive, affordable housing for 11 military veterans. Additional funding came from the DCA’s State Rental Assistance Program
DCA & HMFA Announce Kickoff of Affordable Housing Projects in Franklin Twp., Somerset County
FRANKLIN TWP., N.J. - November 11, 2010 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA), an affiliate of the Department of Community Affairs, today joined local officials to celebrate the kickoff of Parkside Senior and Parkside Family, two projects that will provide 140 units of affordable housing to people in the community. Construction has started on both projects with an anticipated completion date of 2011 for Parkside Senior and 2012 for Parkside Family.
RUMANA: DEMOCRATS’ COAH BILL DOES NOT REPRESENT REAL AFFORDABLE HOUSING REFORM
November 9, 2010 - (RealEstateRama) -- Assembly Republican Deputy Conference Leader Scott T. Rumana, R-Passaic, Bergen and Essex, issued the following statement on the Democrats' COAH bill released today by the Assembly Housing and Local Government Committee, which would eliminate the Council on Affordable Housing but preserve property tax drivers such as development fees, bonus density and builder's remedy, which allow developers to build more housing than a municipality and taxpayers can support:
ASSEMBLY COMMITTEE AGENDAS SHOW DEMOCRATS MISPLACE PRIORITIES
November 8, 2010 - (RealEstateRama) -- Noting that Assembly committees are considering nearly 40 pieces of legislation today, none of which deals with Governor Christie’s property tax reform Tool Kit that will provide sustained relief to taxpayers, Assembly Republican Leader Alex DeCroce and Conference Leader Jon Bramnick said it is disgraceful that Democrat leaders continue to waste valuable time by failing to consider the key parts of the Tool Kit package.
AMODEO AND POLISTINA: ASSEMBLY DEMOCRATS’ AGENDA INSULTS THE PEOPLE OF NEW JERSEY
November 5, 2010 - (RealEstateRama) -- Assemblymen John Amodeo and Vince Polistina, both R-Atlantic, said today that taxpayers should be outraged that none of the proposals to fix New Jersey’s broken property tax system are scheduled to be heard by an Assembly committee on Monday
McHOSE AND CHIUSANO: RHETORIC WON’T DELIVER PROPERTY TAX REFORM
November 5, 2010 - (RealEstateRama) -- Assembly Republican members Alison Littell McHose and Gary Chiusano, both R-Sussex, Morris, and Hunterdon, issued the following statements regarding Monday’s Committee hearings in which Democrat leaders again failed to post property tax reform Tool Kit legislation:
DiCICCO: ASSEMBLY COMMITTEES CONTINUE AVOIDING TOOL KIT BILLS
November 5, 2010 - (RealEstateRama) -- With four Assembly committees cancelling their meetings on Monday and no property tax reform Tool Kit legislation under consideration by the remaining panels, Assembly Republican Domenick DiCicco, R-Gloucester and Camden, today said Democrats continue to ignore their responsibility to provide relief to homeowners who pay the highest property taxes in the country.
RIBLE: ASSEMBLY DEMOCRATS CONTINUE TO IGNORE NEW JERSEY’S PROPERTY TAX PROBLEM
November 5, 2010 - (RealEstateRama) -- Assembly Democrats are doing nothing to help property taxpayers and local officials deal with senseless court-ordered affordable housing mandates and other property tax drivers when a hard property tax cap is set to begin in less than two months, Assembly Republican Whip David Rible said today.
In Case you Missed It: Philadelphia Inquirer Editorial – “The Christie plan is better...
November 1, 2010 - (RealEstateRama) -- If New Jersey expects towns to hold the line on property taxes, it should end an outdated salary-arbitration process for police and firefighters. Gov. Christie has offered a reasonable plan to do that and help municipalities live with an austere 2 percent annual property-tax hike cap. It would set the same 2 percent limit for all public-employee economic compensation packages, including benefits such as health insurance.
Christie Reform Agenda Restores Fiscal Discipline and Ends Abuse of Property Tax Dollars, While...
Trenton, NJ - November 1, 2010 - (RealEstateRama) -- The Christie Administration today announced it is moving forward with a comprehensive plan to enact fiscal discipline and promote the prudent use of scarce property tax dollars by capping salaries for superintendents. The regulations, announced in July, will result in a salary reduction for more than 360 school superintendents who serve school districts with low numbers of students.
DiCICCO: WITH NEW PROPERTY TAX CAP LAW TWO MONTHS AWAY, DEMOCRATS OFFERING ...
November 1, 2010 - (RealEstateRama) -- With Assemblyman Paul Moriarty saying that legislation to prevent lobbyists from benefiting from taxpayer-paid pensions and health benefits “is a no brainer,” Assemblyman Domenick DiCicco today said the Assembly Democrat should explain why it’s taken Moriarty, who has served in the Assembly for four years, to finally introduce the bill.
GRAND OPENING AUCTION OF 20 LUXURY CONDOMINIUMS IN RUTHERFORD, NJ ON NOVEMBER 20TH
NEW YORK, NY - October 29, 2010 - (RealEstateRama) -- Sheldon Good and Company, a Racebrook Portfolio Company and America’s leading real estate auctioneer, will auction a selection of 20 luxury residences located at The Gate Condominium, a newly constructed state-of-the-art building in The Bergen County borough of Rutherford, New Jersey on Saturday, November 20th with 8 to be sold “Absolute,” regardless of price.
Deadline for Homeowners to File Homestead Benefit Applications Extended to Jan. 3, 2011
October 29, 2010 - (RealEstateRama) -- The deadline for homeowners to file 2009 Homestead Benefit applications has been extended to Jan. 3, 2011, to allow more people to file, Treasurer Andrew Sidamon-Eristoff announced. The old deadline was Nov. 1
Medford Senior Housing Project Dedicated in Medford Township
MEDFORD TWP., N.J. - October 26, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to celebrate the completion of 36-unit affordable senior apartments. Medford Senior Housing is a housing development located at 8 Jones Road in Medford Township. The HMFA, an affiliate of the Department of Community Affairs, provided the mortgage and tax credit funding for the project.
GLORIA NILSON, REALTORS® AND RLS, REALTORS® LAUNCH SMS/TEXTING PLATFORM FOR PROPERTY LISTINGS
October 26, 2010 - (RealEstateRama) -- Gloria Nilson, Realtors®, Real Living and RLS, Realtors®, Real Living recently launched RISMedia's Real Estate Information Network® (RREIN) consumer mobile services, enabling all Gloria Nilson and RLS real estate agents to advertise and publicize their clients' property listings through the RREIN Mobile SMS/Text Messaging Platform, powered by Mobile Real Estate ID™ (MREID).
Attorney General Announces Settlement of Fraud Case with Mortgage Rescue Firms; Principal Defendant Agrees...
TRENTON, NJ - October 20, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that the owner of several New Jersey loan modification companies has agreed to pay the state $805,000 and stay out of the foreclosure rescue business to resolve allegations he defrauded struggling homeowners who sought help in staving off foreclosure.
New Jersey Building Trades Join Lautenberg, Menendez, Congressional Delegation To Rally For The ARC...
NORTH BERGEN, NJ - October 20, 2010 - (RealEstateRama) -- Standing with New Jersey building trades workers, U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today touted the job creating potential of the Access to the Region’s Core (ARC) Tunnel project. The Senators were joined by Reps. Steve Rothman (D-NJ-09) and Frank Pallone (D-NJ-06), State Senator Barbara Buono, Assembly Speaker Sheila Oliver and New Jersey State Building and Construction Trades Council President Bill Mullen to highlight the potential for thousands of construction jobs for New Jersey men and women that would be created by the ARC Tunnel project.
New Jersey to Receive Additional Support for Hardest Hit Homeowners
TRENTON, N.J. - October 13, 2010 - (RealEstateRama) -- The Christie Administration announced today that New Jersey will receive an additional $188 million in federal funding for anti-foreclosure assistance to help struggling homeowners. The additional funding means that $300 million is now available for homeowners facing foreclosure.
ANGELINI: DEMS AGAIN FAIL TO POST PROPERTY TAX REFORM BILLS; INSTEAD WILL DEBATE HOW...
October 13, 2010 - (RealEstateRama) -- Assemblywoman Mary Pat Angelini, R-Monmouth, issued the following statement regarding the October 14, 2010 Assembly Committee schedule which again does not include any property tax reform Tool Kit legislation
N.J. Examining Whether Companies Committed Fraud in Foreclosure Filings
NEWARK, NJ - October 7, 2010 - (RealEstateRama) -- The Office of the Attorney General, through the Division of Consumer Affairs, is assessing whether the state’s Consumer Fraud Act has been violated by companies that have admitted to not properly reviewing, factually verifying and signing foreclosure filings submitted to the courts.
Attorney General Announces Settlement with Wells Fargo Home Mortgage
TRENTON, NJ - October 6, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow announced today that Wells Fargo Home Mortgage has agreed to provide New Jersey consumers with nearly $67 million in loan modifications and pay the state $3.98 million to resolve allegations that companies it acquired – Wachovia Corporation, Golden West and World Savings -- deceptively marketed adjustable rate mortgage loans.
Senator Lautenberg, Rep. Pascrell Announce $8.7 Million Federal Grants To Raise And Buyout Homes...
WASHINGTON, DC - October 1, 2010 - (RealEstateRama) -- Continuing in their efforts to keep flood mitigation in the Passaic River Valley a top priority, U.S. Sen. Frank R. Lautenberg (D-NJ) and U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today announced a total of $8.7 million in hazard mitigation grants through the Federal Emergency Management Agency (FEMA).
Senator Lautenberg, Rep. Pascrell Announce $8.7 Million in Federal Grants to Raise and Buyout...
WASHINGTON, DC - September 29, 2010 - (RealEstateRama) -- Continuing in their efforts to keep flood mitigation in the Passaic River Valley a top priority, U.S. Sen. Frank R. Lautenberg (D-NJ) and U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today
