Yearly Archives: 2013

SAN DIEGO, - December 5, 2013 - (RealEstateRama) -- DataQuick®, a provider of advanced real estate information solutions powered by data, analytics and decisioning, has expanded its Standard Recorder layout to create a custom bundle devoted specifically to key loan transaction intelligence, including, 12 million loan modifications, loan term on 4 million mortgages, interest rates on 600,000 mortgages and details on 525,000 reverse mortgages.

WASHINGTON, D.C. - December 5, 2013 - (RealEstateRama) -- In an effort to increase transparency of Fannie Mae Multifamily DUS loans, an enhanced Multifamily DUS Prepayment History Report is now available. This report provides over ten years of historical voluntary and involuntary prepayment data for Fannie Mae fixed-rate multifamily loans. The loans represented in this report generally have similar terms and yield maintenance characteristics as DUS loans underlying multifamily MBS issued today.

WASHINGTON, D.C. - December 5, 2013 - (RealEstateRama) -- National affordable housing nonprofit Mercy Housing is pleased to announce that it is one of the inaugural multifamily housing partners joining President Obama’s Better Buildings Challenge. The U.S. Department of Energy (DOE) and the U.S. Department of Housing and Urban Development (HUD) recently announced the expansion of the President’s Better Buildings Challenge to include multifamily housing. DOE and HUD recognize the energy efficiency commitment that Mercy Housing is making as a Better Buildings Challenge Partner

WASHINGTON, D.C. - December 5, 2013 - (RealEstateRama) -- A new set of reports from Joseph A. Smith, Jr., the Monitor of the National Mortgage Settlement, shows that the nation's largest mortgage servicers failed to meet 7 metrics in the most recent reporting period, 5 of which were mentioned in his previous reports.

DENVER, Colo. - December 3, 2013 - (RealEstateRama) -- In a strategic move to add to its already robust industrial portfolio, BH Properties, LLC has purchased a one-story warehouse facility, located at 4525 Ironton St. in Denver, Colo., for $1.8 million. Carmon Hicks of Jones Lang LaSalle brokered the transaction for BH Properties, while Verma Sudhir, with an undisclosed company, represented the seller, Jama Boots.

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- Sales of newly built, single-family homes rose 25.4 percent to a seasonally adjusted annual rate of 444,000 units in October, according to data released today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- The Energy Department on November 26 awarded nearly $4 million to 13 states to increase statewide energy savings and boost the energy efficiency of public institutions, local governments, and industrial sectors. The awards were through the Energy Department’s State Energy Program, which assists states in saving energy and deploying new clean energy technologies

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- The U.S. Departments of Energy and Housing and Urban Development on December 3 expanded the Better Buildings Challenge to multifamily housing such as apartments and condominiums. The departments also launched the Better Buildings Accelerators to support efforts led by state and local governments to cut energy waste and eliminate market and technical barriers to greater building efficiency. The Obama Administration also announced that it will challenge federal agencies to further expand their use of performance-based contracts through 2016 to upgrade the energy efficiency of federal buildings

Atlanta, Georgia - December 3, 2013 - (RealEstateRama) -- On December 3, 2013, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to SureSource Mortgage, Inc., located in McDonough, Georgia, became final

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- Following today’s announcement by the Rockefeller Foundation of the first 33 cities named to the 100 Resilient Cities Challenge, HUD Secretary Shaun Donovan released the following statement:

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- The Justice Department filed a lawsuit late yesterday against the owners, builders and designers of a 54-unit condominium complex in Hartville, Ohio, for violations of the Fair Housing Act (FHA). The lawsuit alleges that the defendants violated the law when they designed and constructed the complex with barriers that make it inaccessible to persons with disabilities.

Denver, CO - December 3, 2013 - (RealEstateRama) -- For the third consecutive year, RE/MAX University (RU) has been recognized as one of the best among corporate-sponsored training programs, capturing a place on Training magazine’s Top 125 list. The 14th annual survey ranked excellence in employer-sponsored training and development programs tied to corporate strategic goals and measurable results

LOS ANGELES, CA - December 3, 2013 - (RealEstateRama) -- In recognition of 22 years of service and leadership, Edward J. Indvik was the first recipient of the William J. Lee Lifetime Achievement Award at the Lee & Associates Broker’s summit which was held recently in Las Vegas. The award, which made its debut at the broker summit and will become an annual event, was named after William J. Lee who founded Lee & Associates in 1979. This, along with the Leaders of Lee awards, was created to give recognition to those who have made exceptional contributions to the firm and the industry, as a whole.

WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- With dreams of ditching her rodent-infested Murray Hill apartment of 11 years and living without a roommate, artist Jen Maler has been playing the city's lottery — the #housing #lottery, that is

WASHINGTON - December 3, 2013 - (RealEstateRama) -- Building on $2 billion in financing commitments from the private sector for energy efficiency updates to commercial buildings under the President’s Better Buildings Challenge, the U.S. Departments of Energy and Housing and Urban Development today expanded the Challenge to multifamily housing such as apartments and condominiums and launched the Better Buildings Accelerators to support state- and local government-led efforts to cut energy waste and eliminate market and technical barriers to greater building efficiency.

SAN DIEGO, - December 3, 2013 - (RealEstateRama) -- DataQuick®, a provider of advanced real estate information solutions powered by data, analytics and decisioning announced in its monthly Property Intelligence Report (PIR) that home price growth increased in all 42 reported markets for the second month in a row. However, rapid price appreciation comes at a price, as total home sales decreased in most markets in October

WASHINGTON, D.C. - December 2, 2013 - (RealEstateRama) -- An unusual surge in public construction in October pushed total construction spending to its highest level since May 2009 despite a dip in both private residential and nonresidential activity, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials urged lawmakers in Washington to make water and surface transportation investment a top federal priority

Washington, DC - December 2, 2013 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac have completed the first major overhaul of mortgage insurance master policy requirements in many years. FHFA’s 2013 Conservatorship Scorecard calls for Fannie Mae and Freddie Mac to develop aligned requirements for master policies

WASHINGTON, D.C. - December 2, 2013 - (RealEstateRama) -- In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Nov. 29, 2013, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in California, Massachusetts, Tennessee and Virginia.

WASHINGTON, D.C. - November 20, 2013 - (RealEstateRama) -- The average home buyer looks to friends and family first when gathering information on the home-buying process, ahead of realtors by more than two to one and mortgage lenders by more than four to one in the latest homeownership survey from NeighborWorks America, one of the country’s leading housing and community development nonprofit corporations