New York RealEstateRama

WASHINGTON, DC - October 16, 2009 - (RealEstateRama) -- Congresswomen Nita Lowey (D-Westchester/Rockland) today announced that organizations in Westchester and Rockland Counties will receive tens of thousands in federal funding to support a variety of housing and homeownership services, and the City of White Plains will receive more than $900,000 in Community Development Block Grants (CDBG) from the U.S. Department of Housing and Urban Development (HUD).

WASHINGTON, DC - October 16, 2009 - (RealEstateRama) -- Congresswomen Nita Lowey (D-Westchester/Rockland) today announced that organizations in Westchester and Rockland Counties will receive tens of thousands in federal funding to support a variety of housing and homeownership services, and the City of White Plains will receive more than $900,000 in Community Development Block Grants (CDBG) from the U.S. Department of Housing and Urban Development (HUD).

SYRACUSE, N.Y. - October 6, 2009 - (RealEstateRama) -- The U.S. Department of Agriculture Rural Development agency has awarded two grants totaling $148,998 to Snow Belt Housing Company, Inc. of Lowville.

Jamestown, NY - October 12, 2009 - (RealEstateRama) -- With the backdrop of a foreclosed house acquired by CHRIC in Jamestown’s PRIDE neighborhood, Congressman Brian Higgins announced today that Chautauqua Home Rehabilitation and Improvement Corporation is receiving $26,640 to support the agency’s foreclosure prevention counseling efforts.

New York, NY - October 7, 2009 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, ANDREW CUOMO, the Attorney General of the State of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"), RICHARD H. NEIMAN, the Superintendent of Banks for New York State, BRIAN G. PARR, the Special Agent-in-Charge of the New York Field Office of the United States Secret Service ("USSS"), and RONALD J. VERROCHIO, the Inspector-in-Charge of the New York Division of the United States Postal Inspection Service ("USPIS"), announced today the unsealing of a seven-count Indictment charging 12 individuals—including mortgage brokers, loan officers, and attorneys—with engaging in a scheme to defraud various lending institutions by using fictitious identities and documents to obtain more than $9 million in residential mortgages. All 12 defendants were arrested this morning and are expected to be presented in federal court later today.

NEW YORK, NY - October 8, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo and Southern District of New York United States Attorney Preet Bharara today announced the takedown of a mortgage fraud ring that illegally obtained $9 million in loans for phantom home buyers.

Washington, DC - October 7, 2009 - (RealEstateRama) -- U.S. Senator Charles Schumer announced today that the Altamont Program, Inc. in Schenectady will receive $46,332 as part of a Department of Veterans Affairs efforts to provide housing and support services to homeless veterans.

NEW YORK, NY - October 2, 2009 - (RealEstateRama) — Senator Jeff Klein (D-34th Senate District) and Senator Thomas Morahan (R-38th Senate District) presented new data today showing the impact of neglected foreclosed properties in Rockland County.

New York, NY - September 30, 2009 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a non-profit affordable housing lender, today announced a new public/private partnership to provide $1 billion in construction and mortgage loans to multifamily housing owners for energy efficient upgrades and property retrofits.

WASHINGTON, DC - September 29, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer (D-NY) and Jon Kyl (R-AZ) announced new legislation Tuesday to better protect homeowners from the recent wave of mortgage scams by providing up to $200 million over two years for State and local prosecutors offices to battle real estate fraud.

Staten Island, NY - September 28, 2009 - (RealEstateRama) -- Rep. Michael E. McMahon wants to extend the $8,000 first-time homebuyers tax credit which will expire by the end of November.

BROOKLYN, NY - September 23, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal Fair Housing Act civil complaint against Emanuil Uvaydov and Vyacheslav Uvaydov, brothers and joint owners of a house in Fresh Meadows, New York.

New York, NY - September 22, 2009 - (RealEstateRama) -- Global USA’s Coalition for Resource Recovery announced a key milestone today in its goal of achieving 100% recyclable wholesale packaging through Hunt’s Point Distribution Center, the largest food distribution center in the world.

MINEOLA, NY - September 22, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi today announced that the County has received a grant totaling $6,458,35.00 that will provide rental assistance, housing relocation, and stabilization services for families and individuals during the economic crisis.

New York, NY - September 23, 2009 - (RealEstateRama) -- On Wednesday the Federal Open Market Committee announced that the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.

New York, NY - September 18, 2009 - (RealEstateRama) -- Council Member and former candidate for Comptroller Melinda Katz today endorsed Council Member David Yassky for New York City Comptroller.

Rochester, NY - September 18, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand today unveiled a new effort to provide property tax relief to thousands of middle-class families in the Rochester/Finger Lakes Region.

Albany, NY - September 17, 2009 - (RealEstateRama) -- DHCR Commissioner Deborah VanAmerongen recently joined elected officials and community leaders at 1825 Atlantic Avenue in Brooklyn's Bedford-Stuyvesant neighborhood to celebrate the opening of Atlantic Avenue Apartments.

NEW YORK, NY - September 15, 2009 - (RealEstateRama) -- "nyhomes," New York State's affordable housing lender, today announced "Day 1"--a new program to offer credit enhancement on construction loans that finance renovations of affordable multifamily properties.

Albany, NY - September 15, 2009 - (RealEstateRama) -- The Office of the United States Attorney for the District of Vermont stated that Benjamin Osmanson, 30, of California and Sarita, Texas, pleaded guilty yesterday to three counts of conspiracy, wire fraud, and money laundering related to his scheme to defraud mortgage lenders by submitting false loan applications in the names of “investors.” Osmanson was arrested in October 2008 in Texas.

Albany, NY - September 15, 2009 - (RealEstateRama) -- The Office of the United States Attorney for the District of Vermont stated that Benjamin Osmanson, 30, of California and Sarita, Texas, pleaded guilty yesterday to three counts of conspiracy, wire fraud, and money laundering related to his scheme to defraud mortgage lenders by submitting false loan applications in the names of “investors.” Osmanson was arrested in October 2008 in Texas.

Washington, D.C. - September 16, 2009 - (RealEstateRama) -- Congresswoman Carolyn Maloney (D-NY) submitted a statement into the Congressional Record yesterday in support of H.R 3527, the FHA Multifamily Loan Limit Adjustment Act of 2009.

Washington, DC - September 15, 2009 - (RealEstateRama) -- The House of Representatives today passed legislation that would dramatically increase the ability of the Federal Housing Administration to guarantee loan in big cities like New York.

WASHINGTON, DC - September 15, 2009 - (RealEstateRama) — The U.S. House of Representatives today unanimously approved bipartisan legislation introduced by Congressman John Adler (D-NJ) and Congressman Chris Lee (R-NY) to modernize the Federal Housing Administration (FHA). H.R. 3146, the 21st Century FHA Housing Act of 2009, would provide the FHA with the tools it [...]

W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.

W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.

NEW YORK, NY - September 10, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) approved $181.6 million in financing today to build and preserve 2,060 units of affordable housing throughout New York State.

ALBANY, NY - September 14, 2009 - (RealEstateRama) -- A meeting of the New York State Board of Real Estate Appraisal will be held on Friday, September 18, 2009 at 10:30 a.m. at the Department of State, Division of Licensing Services, Alfred E. Smith State Office Bldg., 80 South Swan Street, 10th Floor Conference Room, Albany, NY, and 123 William Street, 19th Floor Conference Room, NYC, NY.

MINEOLA, NY - September 14, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi today hosted Nassau's first Neighborhood Stabilization Program lottery for first-time homebuyers to purchase foreclosed properties in Nassau County.

New York, NY - September 10, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero delivered remarks this morning at The New York State Association for Affordable Housing (NYSAFAH) Networking Breakfast, regarding HPD’s progress on Mayor Bloomberg’s New Housing Marketplace Plan and the future course of the plan.