RealEstateRama

WASHINGTON, D.C. - July 25, 2011 - (RealEstateRama) -- The Lawyers' Committee for Civil Rights Under Law applauds today's launch of the Consumer Financial Protection Bureau (CFPB). To mark this momentous date in the fight for consumer protections, the Lawyers' Committee released an issue brief on the severe impact of the ongoing foreclosure rescue scam crisis on older Americans. Scammers are preying on distressed homeowners by offering much-needed foreclosure counseling or loan modification assistance for a fee, yet failing to deliver any results-or refunds-in the end.

Washington, DC. - July 22, 2011 - (RealEstateRama) -- International law firm Nixon Peabody LLP is pleased to announce that Tatiana Gutierrez Abendschein has been named to the Associate Advisory Council for the National Law Center on Homelessness & Poverty.

HERNDON, VA - July 21, 2011 - (RealEstateRama) -- NAIOP, the Commercial Real Estate Development Association, today announced that CenterPoint Properties has been selected as the 2011 Developer of the Year.

WASHINGTON, DC - July 20, 2011 - (RealEstateRama) -- Secretary of Labor Hilda L. Solis today released a new online publication, "Trauma-Informed Care for Women Veterans Experiencing Homelessness: A Guide for Service Providers." Available on the website of the U.S. Department of Labor's Women's Bureau at http://www.dol.gov/wb/, the guide explains the unique experiences and needs of women veterans, and provides organizational self-assessment tools to aid service providers, such as social workers and community service organizations, that assist this population

San Francisco, CA - July 19, 2011 - (RealEstateRama) -- Redfin today released Redfin for Android, a map-driven real estate search application for mobile devices using Google's Android operating system.

WASHINGTON, D.C. - July 15, 2011 - (RealEstateRama) -- The National Bankers Association (N.B.A.) is teaming with a popular, nationally-syndicated radio talk show host, Warren Ballentine, to spearhead a national campaign to get minorities and other consumers in the urban areas to bank with minority banks.

July 14, 2011 - (RealEstateRama) -- California, Florida, Michigan, Arizona, and Nevada made up more than half of the foreclosure activity in May. According to ForeclosureListings.com, there were 8,828 California foreclosure listings in May and 10,506 in June; an increase of 19.0%.

Boston, MA - July 13, 2011 - (RealEstateRama) -- Funders Together to End Homelessness, the national affinity group of philanthropies engaged in solving homelessness, today announced personnel changes to its board of directors, including changes in leadership and the election of two new board members.

Washington, DC - July 13, 2011 - (RealEstateRama) -- National Reverse Mortgage Lenders Association applauds the announcement today by HUD Secretary Shaun Donovan that Carol Galante has been designated by President Barack Obama as the Acting FHA Commissioner and Assistant Secretary of Housing.

WASHINGTON, DC HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its May 2011 mortgage industry data, which estimates declines in foreclosure sales for the second straight month.

El Segundo, CA - July 11, 2011 - (RealEstateRama) -- Partner Engineering and Science, Inc. reports increasing activity in due diligence for sales of REO and non performing loans by banks, announced company President Joe Derhake. This significant jump in activity is yet another indication that the market appears to have bottomed, says Derhake. Many lenders kept these assets on balance sheet for fear of taking losses in a declining market. The increase in REO sales suggests that the brighter tomorrow that both lenders and opportunistic investors have been waiting for may have finally dawned

NEW YORK, NY - July 11, 2011 - (RealEstateRama) -- With an intense focus on conquering the nation's employment crisis, the National Urban League has opened registration for its Conference, "Jobs Rebuild America" - four days of dialogue, workshops and forums on jobs, education reform, wellness and housing at the Boston Convention and Exhibition Center July 27-30.

Santa Rosa, CA - July 8, 2011 - (RealEstateRama) -- It was announced that hybridCore Homes and Champion Home Builders have signed an agreement to begin marketing hybridCore Homes designs. These designs have been created with an innovative Core that is built in a factory with the rest of the home built by conventional methods at the home site. The Core consists of the complex portions of the home that include complete kitchens, baths and laundry areas as well as the heating system. Once the Core is placed on the foundation, construction crews build the balance of the home around it. “This method increases quality, cuts construction time in half, and creates meaningful cost savings at the same time”, stated Shaun Faber, Co-founder and managing partner of hybridCore Homes.

Northbrook, IL - July 8, 2011 - (RealEstateRama) -- The Boulder Group, a single tenant investment brokerage firm, has completed the sale of a single tenant GSA property located at 353 West Alto Road in Kokomo, IN for $2,272,800. The 9,684 square foot property was developed in 2008 for the Social Security Administration. The single tenant property is leased to the GSA with seven years remaining on the primary lease term.

Washington, DC - July 8, 2011 - (RealEstateRama) -- An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI). The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- Mortgages servicers should be required to give every mortgage holder “a good-faith review of foreclosure alternatives” before taking steps to take his or her home, CRL president Michael Calhoun told Congress today.

Northbrook, IL - July 7, 2011 - (RealEstateRama) -- The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 2nd quarter activity in the National Net Lease Market

Mooresville, NC - July 6, 2011 - (RealEstateRama) -- Langtree Real Estate Group announces brokerage operation in Mooresville. "We are very enthusiastic about launching this new venture" says Brad Howard, Langtree Real Estate Group's President & Principal. "Our focus is to offer the region increased value and services. The key difference in our approach compared to other real estate companies is our vested interest in the area. Our extensive work in land development gives us a unique understanding of this region. We are confident there is no one better positioned to provide such services to the Lake Norman Region as Langtree Real Estate Group."

INDIANAPOLIS, IN - July 6, 2011 - (RealEstateRama) -- The Custom Electronic Design & Installation Association (CEDIA) has announced details surrounding the 2011 Future Technology Pavilion that will appear on the CEDIA EXPO tradeshow floor.

WASHINGTON, DC - July 6, 2011 - (RealEstateRama) -- The Office of the Comptroller of the Currency (OCC) today published an online newsletter that provides a guide for national banks seeking to invest in solar energy projects under the national bank public welfare investment authority. The on-line newsletter describes how banks have used the public welfare investment authority to invest in funds and other financing vehicles that are structured to pass-through the benefit from the energy investment tax credit to entities such as schools, universities, hospitals, and Federally- subsidized rental housing developments.

Miami, FL - July 6, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has been awarded the contract to purchase seven lots of land totaling 3.25 acres in the Bayside Development area of Portland, Maine. The land is located on Somerset and Elm Streets, is currently owned by the City of Portland and received unanimous approval from the City Council of Portland to be sold to The Federated Companies. The Federated Companies' worked diligently to incorporate the city's concept into the master plan for the mixed-use site which includes housing, retail, a medical office, and a public parking structure. The company will continue to develop the master plan and timeline with the city.

WASHINGTON, D.C. - July 1 30, 2011 - (RealEstateRama) -- The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved $45 million to enable Habitat for Humanity International (HFHI) to expand its housing microfinance lending (HMF) – a growing impact investment sector that will help thousands of low-income families around the world build, improve, and maintain decent homes.

COLTON, CA - July 1, 2011 - (RealEstateRama) -- Inland Empire-based Hodgdon Group, a full-service real estate brokerage, development and construction team, announced today that it has completed the conversion of the former Wickes Furniture building at the Centre Pointe Marketplace in Santa Clarita, Calif., for the opening of an Ashley Furniture HomeStore on July 1, 2011.

Northbrook, IL - July 1, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Pamida property located at 1500 East Sheridan Street in Ely, MN for $2,650,000.

Herndon, VA - July 1, 2011 - (RealEstateRama) -- The Institute for Building Technology and Services (IBTS) today opened its new Municipal Services Center on Sullivan Road which will be the hub for public service delivery to the city's 27,000 residents.

WASHINGTON, D.C. - July 1, 2011 - (RealEstateRama) -- The Research Support Facility (RSF) located on the campus of the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) has been certified LEED® Platinum for New Construction by the U.S. Green Building Council (USGBC), a non-profit organization dedicated to sustainable building design and construction.

Providence - July 1, 2011 - (RealEstateRama) -- The Community Builders and YouthBuild USA today announced an innovative partnership in Providence that will provide opportunities for low-income young people enrolled in local YouthBuild programs to build and renovate affordable housing and pursue careers in the real estate industry. Providence Mayor Angel Taveras, U.S. Senator Jack Reed, and U.S. Congressman David Cicilline, along with students and local and national YouthBuild leaders, spoke at the event announcing the partnership.

WASHINGTON, D.C. - July 1, 2011 - (RealEstateRama) -- ForeclosureListings.com has noticed falling and rising trends in foreclosures in recent months. Why? When the supply of homes outweighs the demand for them, the prices shrink. When the values are attractive enough to investors with enough money to withstand the smaller return on the investment, the supply is reduced and the prices sustain at a present level until the next surge of depressed properties are on the market available at discounted prices.

WASHINGTON, DC - June 30, 2011 - (RealEstateRama) -- Executives from the private, public and nonprofit sector today joined Events DC (Washington Convention and Sports Authority) and Enterprise Community Partners, Inc. (Enterprise) for the launch of Greenspace, NCR, the District’s first green learning and resource center located at Nationals Park in the Capital Riverfront neighborhood. During the event, Greenspace unveiled its plans for a $2 million, 12,000 square-foot state-of-the-art facility designed to meet the LEED platinum standard of the U.S. Green Building Council. Leveraging an exceptional network of partnerships, Greenspace intends to build the skills, knowledge and capacity of professionals, policymakers and the public to create ground breaking green communities across the region.

Arlington, VA - June 30, 2011 - (RealEstateRama) -- Thayer Long, president and CEO of the Manufactured Housing Institute, issued the following statement on in the IBIS World, Inc. research report falsely characterizing the state of the manufactured housing industry.