Tag: homeowners

TALLAHASSEE, FL - August 30, 2012 - (RealEstateRama) -- Today, Joseph Smith, Jr., the national mortgage settlement monitor, released an interim report on homeowner relief that the nation’s five largest mortgage servicers have provided as of June 30. ...

WASHINGTON, DC - August 23, 2012 - (RealEstateRama) -- The National Association of Realtors® applauds the Federal Housing Finance Agency for working with Fannie Mae and Freddie Mac to issue new guidelines that expand eligibility criteria and streamlin...

WASHINGTON, D.C. - August 22, 2012 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Kirsten E. Gillibrand and Congresswoman McCarthy announced today that FEMA has agreed to their call for an extension of the low-cost preferred risk flood insu...

WASHINGTON, D.C. - August 22, 2012 - (RealEstateRama) -- Today, FEMA announced the extension of the Preferred Risk Policy eligibility under the National Flood Insurance Program (NFIP) until further notice, as the Agency completes a study and analysis o...

WASHINGTON, D.C. - August 10, 2012 - (RealEstateRama) -- The latest Mortgage Bankers Association (MBA) survey shows positive trends in the housing market, with delinquencies and foreclosures down from last year. However, the millions of foreclosures st...

CHICAGO, IL - August 6, 2012 - (RealEstateRama) -- Governor Pat Quinn today signed two new housing laws to provide people with disabilities with more access to affordable rental housing, and to further protect homeowners from mortgage fraud. The suppor...

Washington, D.C. - July 20, 2012 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Fast Help For Homeowners (FHFH) Act, H.R. 6153, to help speed up the short sale process, a necessary step to addressing the housing crisis. ...

LOS ANGELES, CA - July 20, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is supporting and urging the swift passage of The Fast Help For Homeowners (FHFH) Act, a short sale bill that will require subordinate lien holders ...

WASHINGTON, D.C. - July 12, 2012 - (RealEstateRama) -- The Department of Justice today filed the second largest fair lending settlement in the department’s history to resolve allegations that Wells Fargo Bank, the largest residential home mortgage or...

WASHINGTON, D.C. - July 12, 2012 - (RealEstateRama) -- Gov. Jerry Brown signed into law the California Foreclosure Reduction Act today inLos Angeles. The bills, AB 278 and SB 900, are designed to reduce unnecessary foreclosures in the state and were cr...

WASHINGTON, D.C. - June 28, 2012 - (RealEstateRama) -- A housing bill introduced in the Senate could more than double the number of homeowners who refinance under a federal mortgage program and also more than double their potential savings, according t...

Farmington Hills, MI - June 14, 2012 - (RealEstateRama) -- Today U.S. Rep. Gary Peters marked National Homeownership Month by discussing his bill, the Preserving American Homeownership Act, with local housing nonprofits and realtors at a press conferen...

Torrance, CA - June 14, 2012 - (RealEstateRama) -- Thousands of Arizona homeowners are not aware of the many programs and options available to them right now, which can reduce their mortgage payments, reduce their interest rate, modify their current lo...

Albany, NY - June 14, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Department of Financial Services (DFS) has ordered insurers offering force-placed insurance in New York to submit proposals for new premium rates after...

Washington, D.C. - June 12, 2012 - (RealEstateRama) -- More than 1.3 million homeowners have received foreclosure prevention counseling by local nonprofits and state housing finance agencies participating in the National Foreclosure Mitigation Counseli...

Washington, D.C. - June 11, 2012 - (RealEstateRama) -- U.S. Reps. Gary Peters (D-MI), John Campbell (R-CA) and Keith Ellison (D-MN) introduced the Preserving American Homeownership Act of 2012. The crux of this legislation is the creation of a princip...

WASHINGTON, DC - April 23, 2012 - (RealEstateRama) -- The National Association of Realtors® is joining forces once again with the U.S. Department of the Treasury to offer aid to homeowners who are struggling to keep their homes and avoid foreclosure a...

Destin, FL - March 7, 2012 - (RealEstateRama) -- Five years into the housing downturn, a larger number of homeowners with mortgages say they will walk away from their homes if their property values continue to drop, according to a new Housing Predictor...

WASHINGTON, D.C. - March 6, 2012 - (RealEstateRama) -- In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While t...

Washington, DC - February 15, 2012 - (RealEstateRama) -- Federal and state governments recently settled a major agreement with the country’s five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.

WASHINGTON, DC - February 6, 2012 - (RealEstateRama) -- In this week’s address, President Obama continued his call for a return to American values, including fairness and equality, as part of his blueprint for an economy built to last. This is why t...

WASHINGTON, DC - November 14, 2011 - (RealEstateRama) -- A Las Vegas woman pleaded guilty today for her role in a scheme to fraudulently gain control of condominium homeowners’ associations (HOAs) in the Las Vegas area so that the HOAs would direct b...

ANAHEIM, CA - November 14, 2011 - (RealEstateRama) -- The U.S. will not become a nation of renters; there are just too many benefits, both financial and otherwise, to own versus rent. That’s according to the combined findings of several recent studie...

Stuart, FL - April 9, 2010 - (RealEstateRama) -- Congressman Tom Rooney (R-Fla.) today advised struggling homeowners in South Florida to take advantage of an opportunity this month for free counseling and guidance to help reduce their monthly mortgage payments. The event, hosted by the Neighborhood Assistance Corporation of America (NACA), will take place in Miami from April 15-19.

LOS ANGELES, CA - April 8, 2010 - (RealEstateRama) -- California homeowners sued Bank of America (NYSE: BAC) on Tuesday claiming the lending giant is intentionally withholding government funds intended to save homeowners from foreclosure, announces Hagens Berman Sobol Shapiro

Aroostook County Housing Counselor Added to Program AUGUSTA, ME - March 18, 2010 - (RealEstateRama) -- The Bureau of Consumer Credit Protection signed a contract this month with Aroostook County Action Program (ACAP), increasing the number of housing counselors serving Maine homeowners. This contract adds another certified housing counseling service to the seven non-profit agencies currently under contract around the State

Bill Updates Income Tax Code for Solar Power, Offers Tax Credit for Homeowners who Invest in Community Solar Projects. Washington, D.C. - March 17, 2010 - (RealEstateRama) -- A month ago, U.S. Senator Mark Udall had the opportunity to spend a week listening to Coloradans' ideas for how to strengthen the state's economy during a visit to the Western Slope and at an Energy Jobs Summit he co-sponsored in Aurora. He heard firsthand from business leaders and citizens about ways he could partner with Colorado communities to create jobs and strengthen the clean energy economy. And today, Senator Udall rolled out the first of a package of clean-energy job-creation bills based on those ideas - specifically an idea he heard during a visit to Holy Cross Energy in Glenwood Springs

March 16, 2010 - (RealEstateRama) -- With the quickly receding snow cover exposing last year’s leaves and other dead vegetation, yard clean-up isn’t far behind. The Minnesota Department of Natural Resources (DNR) reminds homeowners that spring is fire season, and to think safety first when disposing of yard waste

March 9, 2010 - (RealEstateRama) -- Attorney General Janet T. Mills warns homeowners to be careful when choosing a contractor to repair damage from recent storms. “After storms and other natural disasters, some home improvement contractors aggressively market their services to the elderly and other potentially vulnerable consumers to repair their homes,” said Attorney General Mills. “While most contractors in Maine are reputable and treat their customers fairly, some do not. Consumers should wait, check around and get written estimates before hiring a contractor do to home repairs."

BALTIMORE, MD - March 8, 2010 - (RealEstateRama) -- Just as sharks smell blood in the water, foreclosure rescue scammers can pick out desperate homeowners on the brink of foreclosure. Many homeowners are unaware of their options and panic. In the latest issue of The Consumer’s Edge, Maryland Attorney General Douglas F. Gansler warns homeowners and consumers of foreclosure rescue scams, and offers tips on how to avoid them.