Pennsylvania RealEstateRama

PITTSBURGH, PA - April 14, 2011 - (RealEstateRama) -- A resident of New Kensington, Pa., has been indicted by a federal grand jury in Pittsburgh on charges of wire fraud, aggravated identity theft, filing a false tax return, and failing to file income tax returns, United States Attorney David J. Hickton announced today.

Harrisburg, PA - April 5, 2011 - (RealEstateRama) -- Governor Tom Corbett today announced that Pennsylvania has been approved by the U.S. Department of Housing and Urban Development to receive $105 million to aid homeowners facing foreclosure through the Emergency Homeowners’ Loan Program.

NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Help for Unemployed Borrowers: Lessons from the Pennsylvania Homeowners’ Emergency Mortgage Assistance Program, the latest article in its Current Issues in Economics and Finance series from the Research and Statistics Group.

March 30, 2011 - (RealEstateRama) -- PETER J. SMITH, U.S. Attorney for the Middle District of Pennsylvania, and GEORGE C. VENIZELOS, Special Agent in Charge, Federal Bureau of Investigation, announced today a former York County woman has been charged with defrauding 14 mortgage lenders, 35 homeowners and five individual investors in Cumberland, Dauphin, York, and Adams Counties out of approximately $2,700,000 between 2006 and 2008.

HARRISBURG, PA - March 23, 2011 - (RealEstateRama) -- State Treasurer Rob McCord today announced that the Pennsylvania Treasury will offer a webinar series to help employers understand and prepare for their statutory responsibility to report unclaimed property to Treasury by April 15 of each year

HARRISBURG, PA - March 16, 2011 - (RealEstateRama) --At a banquet held on today at the agency’s headquarters, the Pennsylvania Housing Finance Agency honored its top-10 participating lenders for its homeownership programs. These lenders assist homebuyers throughout the state in the application, processing, and closing of PHFA loans. Brian Hudson, executive director and CEO, recognized these outstanding organizations in their efforts to assist Commonwealth families and individuals achieve the American dream of homeownership

HARRISBURG, PA - March 15, 2011 - (RealEstateRama) -- Commonwealth Cornerstone Group, a nonprofit corporation created by the Pennsylvania Housing Finance Agency, has secured $28 million in new markets tax credit (NMTC) allocations from the U.S. Treasury Department's Community Development Financial Institutions Fund.

PHILADELPHA, PA - February 14, 2011 - (RealEstateRama) -- The Philadelphia Housing Authority (PHA) today reached its second union agreement in as many weeks, and this agreement like the first includes a major change in the way employees’ pensions are funded. This agreement is with the AFSCME District Council 33, Local 934, PHA’s second largest union.

PITTSBURGH, PA - February 4, 2011 - (RealEstateRama) -- United States Attorney David J. Hickton and key officials from federal, state and local law enforcement and regulatory agencies recognized today the three‑year anniversary of the Feb. 4, 2008, formation of the Western Pennsylvania Mortgage Fraud Task Force, and the filing of charges against 14 individuals associated with seven different mortgage fraud schemes. The individuals charged include a wide spectrum of roles associated with mortgage fraud, including a closing attorney, mortgage brokers, real estate investors, and a bank employee. The seven schemes involved approximately 320 properties and $75 million in fraudulent loans.

Philadelphia, PA - February 4, 2011 - (RealEstateRama) -- Congressman Chaka Fattah (PA-2) announced today that sponsors of affordable housing developments across the City of Philadelphia will receive a total of $1.49 million in grant money to help them complete their projects.

PITTSBURGH, PA - February 2, 2011 - (RealEstateRama) -- The 2,200-member REALTORS® Association of Metropolitan Pittsburgh (RAMP) celebrated the beginning of its 100th year of serving the real estate needs of our area’s families and businesses with the installation of its 2011 officers. More than a hundred real estate industry leaders gathered for a ceremony and elegant reception on January 14, 2011 at The Frick Art & Historical Center in Point Breeze

HARRISBURG, PA - December 29, 2010 - (RealEstateRama) -- Pennsylvania Treasurer Rob McCord today announced new, innovative financing options available through the Keystone Home Energy Loan Program (HELP). Qualified Pennsylvania homeowners can now take advantage of lower-rate, fixed-term loans for whole home energy efficiency projects – upon completion of a home energy audit designed to identify the most effective energy conserving improvements in each home.

PHILADELPHIA, PA - December 15, 2010 - (RealEstateRama) -- An indictment was unsealed and a verified civil complaint was filed today against Anthony J. DeMarco, III and his real estate companies, DeMarco REI, Inc. (“DeMarco REI”) and OPM Group, LLC, (“OPM”), alleging a mortgage fraud scheme involving more than $30 million in loans, announced United States Attorney Zane David Memeger. The civil complaint seeks a temporary restraining order and preliminary injunction against defendant. It also seeks to forestall foreclosures against the victims.

HARRISBURG, PA - December 2, 2010 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency today applauded the signing into law by Governor Edward G. Rendell of legislation enabling creation of a Pennsylvania housing trust fund

November 18, 2010 - (RealEstateRama) -- An new study on vacant land in Philadelphia documents the huge costs to the city of vacant and blighted properties. Though the study looks specifically at Philadelphia, it serves to highlight the negative economic impact blight imposes on any municipality.

HARRISBURG, PA - November 9, 2010 - (RealEstateRama) -- As Veterans Day draws near, Pennsylvania Treasurer Rob McCord and his Unclaimed Property Return Team are working to help veterans organizations across the Commonwealth claim what is theirs – so far returning more than $73,000 in unclaimed property and identifying $14,000 more belonging to organizations.

PITTSBURGH, PA - November 9, 2010 - (RealEstateRama) -- A resident of New Brighton, Pa., pleaded guilty in federal court to a charge of bank fraud, United States Attorney David J. Hickton announced today. William Buchko, 59, pleaded guilty to one count before United States District Judge David Cercone

HARRISBURG, PA - October 28, 2010 - (RealEstateRama) -- Pennsylvania homeowners considering geothermal heat pump systems can now take advantage of a new and innovative financing package through the Commonwealth’s energy efficiency loan program, the Keystone Home Energy Loan Program (HELP), which combines a low-interest HELP loan with a companion loan given in anticipation of federal tax credits available for the installation of these fuel-conserving systems.

HARRISBURG, PA - October 27, 2010 - (RealEstateRama) -- PHFA honored the work of the state’s private sector housing counselors yesterday at the Hilton. These counseling agencies extend the work of PHFA by helping state residents with questions about homeownership and home foreclosure, working to inform consumers so they make educated housing decisions

Glenside, PA - October 7, 2010 - (RealEstateRama) -- Federal HEMAP is here - almost! HUD has announced their intention to begin taking applications from eligible homeowners for their new Emergency Homeowners Loan Program (EHLP) Program by the end of the year.

PHILADELPHIA, PA - October 5, 2010 - (RealEstateRama) -- Important emergency mortgage relief for unemployed homeowners is on the way under a major new federal program authored by Congressman Chaka Fattah (D-PA) and unveiled at a news conference Tuesday with Fattah and Deputy Secretary Ron Sims of the U.S. Department of Housing and Urban Development.

Harrisburg, PA - September 30, 2010 - (RealEstateRama) -- The House Finance Committee approved legislation authored by Rep. Stephen E. Barrar (R-Chester/Delaware) that would freeze property taxes for senior citizens.

PHILADELPHIA, PA - September 28, 2010 - (RealEstateRama) -- An indictment was filed today against Bernadette Nicholas, Kevin D. McAllister, and Wayne Rosen for engaging in schemes to defraud Wilmington Trust Federal Savings Bank and Malvern Federal Savings Bank involving properties valued at more than $35.5 million,

EUGENE, OR - September 15, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce West Chester, Pennsylvania real estate agent Holly Gross has joined the ever expanding group of real estate professionals utilizing a customizable IDX solution to display thousands of properties online. Home listings from the Trend MLS can now be found seamlessly integrated onto the website of Gross, giving her clients a comprehensive database of homes to search through. Now, Gross and her clients can begin the property search process quickly and efficiently, thanks to her IDX enabled website

Lehigh Valley, PA - September 15, 2010 - (RealEstateRama) -- NAI Summit represented First Commonwealth Federal Credit Union in the sale of 2804 William Penn Highway.

Allentown, PA - September 10, 2010 - (RealEstateRama) -- The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2 billion, has announced the acquisition of an 84,000-square-foot retail building located at 1135 Airport Road in Allentown, Pa. from an affiliate of the Rosen Group, Inc.

Research consortium led by Penn State to receive up to $122 million in federal funding for "Energy Innovation Hub" at the Philadelphia Navy Yar

Bensalem, PA - August 19, 2010 - (RealEstateRama) -- On Tuesday Pennsylvania Congressman Patrick Murphy (D-8th District) was joined by Bensalem Mayor Joseph DiGirolamo’s office and local officials to announce House passage of $500,000 in federal funding for affordable housing for veterans.

Bensalem, PA - August 19, 2010 - (RealEstateRama) -- On Tuesday Pennsylvania Congressman Patrick Murphy (D-8th District) was joined by Bensalem Mayor Joseph DiGirolamo’s office and local officials to announce House passage of $500,000 in federal funding for affordable housing for veterans.

Bensalem, PA - August 19, 2010 - (RealEstateRama) -- On Tuesday Pennsylvania Congressman Patrick Murphy (D-8th District) was joined by Bensalem Mayor Joseph DiGirolamo’s office and local officials to announce House passage of $500,000 in federal funding for affordable housing for veterans.