Yearly Archives: 2012
North Carolina home seekers can now utilize innovative IDX enabled search page on the...
EUGENE, OR - February 10, 2012 - (RealEstateRama) -- Asheville, North Carolina potential buyers can now gain access to thousands of area property listings, thanks to the dynamic search page and real estate website made possible through the partnership ...
MBA Statement on Mortgage Settlement
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), issued the following statement upon news of an agreement between state and federal officials and five large residential mortgage servicers.
AG Settlement Ends Robo-Signing and Provides a Model for Preventing Foreclosures
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- “The foreclosure settlement announced today will help build a stronger housing market while keeping more people in their homes. But while a significant step toward fixing the foreclosure crisis, this settlement was never intended or able to provide a comprehensive remedy. Much more work is required.
ABA STATEMENT ON MORTGAGE SETTLEMENT
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- “Today’s agreement marks an important milestone in resolving mortgage concerns, allowing these five institutions – essential providers of mortgage services across the country – to look to the future with clarity and commitment to customers.”
$1 BILLION TO BE PAID BY THE BANK OF AMERICA TO THE UNITED STATES...
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- As part of the global resolution between the United States of America and the five largest mortgage servicing banks in the country, which will bring much needed relief to financially distressed homeowners nationwide, Loretta E. Lynch, United States Attorney for the Eastern District of New York, today announced that the government will also resolve its claims against the Bank of America, Countrywide Financial Corporation and certain Countrywide subsidiaries and affiliates (Countrywide) for underwriting and origination mortgage fraud.
HUD AWARDS $7.5 MILLION TO FIGHT HOUSING DISCRIMINATION
WASHINGTON, DC - February 10, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it has awarded $7.5 million to state and local government agencies that enforce fair housing laws and help communities and housing providers to better understand their fair housing rights and responsibilities (see attached list).
FEDERAL GOVERNMENT AND STATE ATTORNEYS GENERAL REACH $25 BILLION AGREEMENT WITH FIVE LARGEST MORTGAGE...
WASHINGTON, DC - February 10, 2012 - (RealEstateRama) -- U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced today that the federal government and 49 state attorneys general have reached a landmark $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. The agreement provides substantial financial relief to homeowners and establishes significant new homeowner protections for the future.
Sperry Van Ness – SVN Partners negotiates sale of former grocery store in Phoenix,...
Phoenix, AZ - February 10, 2012 - (RealEstateRama) -- Sperry Van Ness – SVN Partners in Greater Phoenix announced the sale of 8210 W. Indian School Rod for $900,000 or approximately $36.65 per square foot. The property has been occupied in the past b...
GPE, Cushman & Wakefield Close $5M Deal in Las Vegas
Phoenix, AZ - February 10, 2012 - (RealEstateRama) -- GPE Healthcare Investment Group (gpehealthcareinvestmentgroup.com), a commercial real estate team representing medical and healthcare investment interests in the Southwest, announced the sale of Con...
APARTMENT GUIDE LAUNCHES night in or NIGHT out SWEEPSTAKES
ATLANTA, GA - February 10, 2012 - (RealEstateRama) -- Apartment Guide, a leading resource for apartment searches nationwide, announces the launch of the “Night In or Night Out” Sweepstakes on Facebook® through Feb. 14. Participants visiting the Apartment Guide Facebook page will have a chance to win $100 prizes for their ideal night in or night out.
FLORIDA COMMERCIAL REAL ESTATE MARKET ON TRACK FOR RECOVERY
Miami, FL - February 10, 2012 - (RealEstateRama) -- The industry’s leading commercial real estate professionals believe it is safe to say that as we head into 2012, the worst of the economic turmoil is behind us and Florida’s commercial markets are...
GoFightForeclosure.com Says $25 Billion Mortgage Deal Legalizes Wrongful Foreclosures
Atlanta, GA - February 10, 2012 - (RealEstateRama) -- GoFightForeclosure.com the leader in training homeowners how-to challenge foreclosures and win. Today announced that the $25 Billion mortgage deal will only legalize wrong foreclosures. Citing that on the brink of the settlement just this week big banks continued to move forward with Robo signed foreclosures
Mission Critical Index Finds Broad Industry Demand for Modular Data Centers
Torrance, CA - February 9, 2012 - (RealEstateRama) -- A data center industry index, the result of a survey by NxGen Modular (www.nxgenmodular.com), reveals that cost savings and scalability are prompting more data center owners and c-suite technology e...
RE/MAX Practitioner Becomes Fourth From Global Franchise to Lead CCIM Institute
Denver, CO - February 10, 2012 - (RealEstateRama) -- As industry analysts continue to forecast a more favorable commercial real estate market for 2012, The CCIM Institute of the National Association of REALTORS® looks to install its next prestigious President to help lead the way to recovery.
GPE, Cushman & Wakefield Close $5M Deal in Las Vegas
GPE Healthcare Investment Group (gpehealthcareinvestmentgroup.com), a commercial real estate team representing medical and healthcare investment interests in the Southwest, announced the sale of Concorde Assisted Living Center in Las Vegas, Nevada. IMH...
Green Homes Market Expected to Increase Five-Fold by 2016—Up From a $17 Billion Opportunity...
WASHINGTON, D.C. - February 9, 2012 - (RealEstateRama) -- McGraw-Hill Construction, a part of The McGraw-Hill Companies (NYSE: MHP), today released findings from a new Green Home Builders and Remodelers Study at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando. Green homes comprised 17% of the overall residential construction market in 2011 and are expected to grow to between 29% and 38% of the market by 2016. By value, this equates to a five-fold increase, growing from $17 billion in 2011 to $87-$114 billion in 2016, based on the five-year forecast for overall residential construction.
Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving
Washington, DC - February 9, 2012 - (RealEstateRama) --Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions
Las Vegas Real Estate Agent Team Closes A Wells Fargo Short Sale In Nevada.
Las Vegas, NV - February 9, 2012 - (RealEstateRama) -- The Ballen Group just closed a Short Sale with Wells Fargo for a property on the street: CAPE VERDE in Las Vegas Nevada. There were two Lien Holders, AHSMI, and Wells Fargo which was a HELOC. The p...
Keystone Pacific Property Management Welcomes Teresa Duhoux to Its Team as a Community Association...
Irvine, CA - February 9, 2012 - (RealEstateRama) -- Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, welcomes Teresa Duhoux ...
RE/MAX Diamond Gives Back to Local Families
Mesa, AZ - February 9, 2012 - (RealEstateRama) -- RE/MAX Diamond Owners Joe & Nick Martin, along with a number of their agents, have teamed up with “Room for Joy” to sponsor a dream room. “Room for Joy” is a local organization dedicated to...