Senate Committee Passes Version of Congresswoman Hahn’s Veterans Legislation
Washington, D.C. - September 13, 2012 - (RealEstateRama) -- The Senate Committee on Veterans’ Affairs today passed the companion legislation to Congresswoman Janice Hahn’s bipartisan H.R. 4287 that updates the definition of “homeless veteran” t...
Rep. Waters Hosts Panel on Eminent Domain Proposals to Seize Underwater Mortgages
Washington, DC - September 13, 2012 - (RealEstateRama) -- Yesterday, Congresswoman Maxine Waters held a bipartisan panel discussion on the nation’s ongoing housing crisis and whether the use of eminent domain to seize underwater mortgages is a feasib...
Grand Jury Indicts 11 Linked to an Inland Empire Loan Modification Scam That Targeted...
LOS ANGELES, CA - September 13, 2012 - (RealEstateRama) -- Federal agents this morning arrested 10 defendants who worked at a Rancho Cucamonga-based business that allegedly offered bogus loan modification programs to financially distressed homeowners. ...
Capps Works to Protect Affordable Housing and Economic Development Funding for Atascadero, Paso Robles,...
WASHINGTON, DC - September 12, 2012 - (RealEstateRama) -- Today, Congresswoman Lois Capps (CA-23) joined nearly 100 of her bipartisan colleagues in urging the Congressional leadership to ensure continued eligibility for critical U.S. Department of Agri...
Rep. Baca Sponsors Legislation to Create 50 Year Mortgage Refinancing Plan
Washington, DC - September 11, 2012 - (RealEstateRama) -- Congressman Joe Baca (D-Rialto) introduced legislation that directs the Government Sponsored Housing Entities, Fannie Mae and Freddie Mac, to offer 50 year mortgage refinance terms to qualified...
Menendez, Boxer Urge Republicans to Join Them to Help Responsible Homeowners Refinance
WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- Citing new momentum and support among a broad array of stakeholders, U.S. Senators Robert Menendez (D-NJ) and Barbara Boxer (D-CA) today reintroduced the Responsible Homeowner Refinancing Act an...
U.S. Rep. Karen Bass Addresses Housing Crisis in Town Hall, One-on-One Counseling, Workshop for...
LOS ANGELES, CA - September 3, 2012 - (RealEstateRama) -- With thousands of California homeowners facing foreclosure, U.S. Rep. Karen Bass held a community town hall and consumer rights workshop to provide residents with one-on-one foreclosure counseli...
Blighted, Crime-Infested Buildings Transformed Into Affordable Housing for Workforce Families
August 31, 2012 - (RealEstateRama) -- Councilman Dee Andrews, 6th District, The Long Beach Housing Development Company (LBHDC) and Jamboree Housing Corporation (Jamboree) celebrated the grand opening of Collage Apartments at 1893, 1905, 1907 and 1911 P...
Attorney General Kamala D. Harris Announces Arraignment of Individuals in $3.2 million Real Estate...
SACRAMENTO, CA - August 24, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced the arraignment of two Sacramento men who stole more than $3.2 million from investors who were told their money was being invested in a real estate...
Homeownership Protection JPA establishes website
August 20, 2012 - (RealEstateRama) -- The Homeownership Protection Program Joint Powers Authority now has its own website, allowing those interested in the JPA’s activities to view live meetings, archived meeting videos, meeting agendas, minutes, and...
Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public...
WASHINGTON, DC - August 16, 2012 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for her role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern Californi...
United States Department of the Treasury Awards Los Angeles-based Neighborhood Housing Services of Los...
Los Angeles, CA - August 15, 2012 - (RealEstateRama) -- Last week, Neighborhood Housing Services of Los Angeles County (NHS) was awarded a $1.45 million grant made by the U.S. Department of the Treasury’s Community Development Financial Institution (...
Chico Business Partners Sentenced to Jail for Mortgage Fraud
SACRAMENTO, CA - August 13, 2012 - (RealEstateRama) -- Two Chico business partners were sentenced today to prison for a mortgage fraud scheme they operated in 2006-2007, United States Attorney Benjamin B. Wagner announced.
San Jose Remodeling Seminars
San Jose, CA - August 10, 2012 - (RealEstateRama) - Kitchen & Bath Remodeling Seminar Saturday, August 25, 2012, 10:00am-12:00pm Case Design/Remodeling Office: 6155 Almaden Expressway Ste. 400 San Jose, CA 95120
Baca Sponsors Bill to Encourage Development of Moderate-Income Housing for Senior Citizens
Washington, DC - August 3, 2012 - (RealEstateRama) -- Congressman Joe Baca (D-Rialto) introduced legislation in the House of Representatives to increase the supply of affordable rental housing available for middle-income seniors, who are ineligible to...
Pelosi Statement on FHFA Acting Director’s Refusal to Help Underwater Homeowners
Washington, D.C. - August 2, 2012 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement today after Acting Director of the Federal Housing Finance Agency, Ed DeMarco, refused to allow Fannie Mae or Freddie Mac to offer m...
Rep. Lofgren & CA Democratic Congressional Delegation Denounce FHFA Acting Dir. DeMarco’s Failure to...
Washington, DC - August 1, 2012 - (RealEstateRama) -- Today 32 Members of the California Democratic Congressional Delegation, led by Rep. Zoe Lofgren (D-CA), released the following statement in response to Acting Director of the Federal Housing Finance...
Stark Announces $5 Million in Housing and Shelter Grants for Alameda County
WASHINGTON, DC - July 31, 2012 - (RealEstateRama) -- Rep. Pete Stark (D-CA) announced nearly $5 million in grants awarded by the U.S. Department of Housing (HUD) and Urban Development to Alameda County. The money will help improve housing and economic ...
Attorney General Kamala D. Harris Announces Judgment in National Multi-Million Dollar Mortgage Scam
LOS ANGELES, CA - July 25, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced defendants who ran a national loan modification scam were ordered to pay more than $4 million in penalties and restitution, including $2 million to ...
Congressman Miller Questions Fed Chairman on Fannie Mae Property Bulk Sale
Washington, DC - July 23, 2012 - (RealEstateRama) -- Click here for entire Capitol Connection Newsletter During Federal Reserve Chairman Ben Bernanke’s appearance before the House Financial Services Committee on Wednesday, Congressman Miller express...