Archives

WASHINGTON, DC - February 24, 2011 - (RealEstateRama) -- Akinola George, 40, of Washington, D.C., has been indicted by a federal grand jury on charges of bank fraud, mail fraud, and conspiracy to commit bank/mail fraud in a scheme that led to $2.4 million in losses.

WASHINGTON, D.C. - February 23, 2011 - (RealEstateRama) -- The National Housing Law Project, the National Low Income Housing Coalition, the National Law Center on Homelessness and Poverty and the Housing Justice Network have petitioned the Federal Housing Administration (FHA) to stop forcing lenders to give misleading and deceptive information to tenants in foreclosed homes – information that leads tenants to forego rights guaranteed to them by the federal Protecting Tenants at Foreclosure Act (PTFA)

WASHINGTON, D.C. - February 16, 2011 - (RealEstateRama) -- Chairwoman Biggert, Ranking Member Gutierrez and Members of the Subcommittee, thank you for the opportunity to testify today. I appreciate the opportunity to share insights resulting from the Administration’s efforts to mitigate the effects of the most serious housing crisis since the Great Depression.

February 14, 2011 - (RealEstateRama) -- Almost three-quarters (74 percent) of current homeowners in the New Orleans area say their homes were damaged by Hurricane Katrina, according to data released today by the U.S. Census Bureau. Of these, more than four in 10 reported their homes had suffered major damage and required repairs of $15,000 or more for which most owners received federal flood insurance.

Washington, DC - February 11, 2011 - (RealEstateRama) -- A report released today on veteran homelessness again points out that veterans are at disproportionately high risk of homelessness. The report, the most accurate assessment of the scope of the problem to date, provides an important benchmark for national efforts to solve this problem

WASHINGTON, DC - February 10, 2011 - (RealEstateRama) -- For the first time ever, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today published the most authoritative analysis of the extent and nature of homelessness among American veterans. According to HUD and VA’s assessment, nearly 76,000 veterans were homeless on a given night in 2009 while roughly 136,000 veterans spent at least one night in a shelter during that year.

WASHINGTON, D.C. - February 10, 2011 - (RealEstateRama) -- The advance fee ban under the FTC’s Mortgage Assistance Relief Services (MARS) Rule is designed to protect financially distressed homeowners from mortgage relief scams that have sprung up during the mortgage crisis.

Providence, RI - February 9, 2011 - (RealEstateRama) -- Governor Lincoln D. Chafee today announced his plans to reactivate the Interagency Council on Homelessness (ICH), which establishes a mechanism for Cabinet- and Director-level staff to come together to discuss better coordination of state activities for housing and homelessness. The ICH also develops strategies to address the problems associated with homelessness, makes recommendations aimed at reducing the number of homeless people in Rhode Island, and promotes and supports development of permanent supportive housing

February 3, 2011 - (RealEstateRama) -- Mayor Chris Beutler today said cities are willing to do their part to help the State solve its budget crisis. But he called on the State Legislature to reconsider proposals that could force cities to raise pro...

Washington, DC - February 3, 2011 - (RealEstateRama) -- The recession contributed to an increase in overall homelessness from 2008 to 2009, according to the National Alliance to End Homelessness, and family households experienced the largest percentage increase.

WASHINGTON, DC - January 31, 2011 - (RealEstateRama) -- Yesterday, Thursday, January 27, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, U.S. Department of Veterans Affairs Deputy Secretary Scott Gould, and U.S. Interagency Council on Homelessness Director Barbara Poppe joined volunteers around the nation as they participated in a national count of homeless persons and families as part of HUD’s national Let’s Make Everybody Count! campaign.WASHINGTON, DC - January 31, 2011 - (RealEstateRama) -- Yesterday, Thursday, January 27, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, U.S. Department of Veterans Affairs Deputy Secretary Scott Gould, and U.S. Interagency Council on Homelessness Director Barbara Poppe joined volunteers around the nation as they participated in a national count of homeless persons and families as part of HUD’s national Let’s Make Everybody Count! campaign.

WASHINGTON, D.C. - January 28, 2011 - (RealEstateRama) -- Hundreds of thousands of Americans of all ages and backgrounds joined in volunteer service projects across the country on the 2011 Martin Luther King Jr. Day of Service. President Obama and First Lady Michelle Obama joined cabinet secretaries, governors, mayors, nonprofit and business leaders, students, families, and others in honoring Dr. King's legacy through service projects addressing a multitude of pressing social issues from poverty and illiteracy to hunger to homelessness.Americans made it a “a day on, not a day off” by weatherizing homes, delivering meals, refurbishing schools, collecting food and clothing, reading to children, providing employment counseling, and more. Many will use the day as the beginning of ongoing commitment to serve throughout the year.

TOPEKA, KS - January 26, 2011 - (RealEstateRama) -- Public agencies, non-profits and faith-based organizations are joining efforts to conduct a statewide Point-In-Time Count of Kansas' homeless population on Wednesday, January 26th, 2011. The purpose of the count is to provide a one-day, statistically reliable snapshot of homeless persons in sheltered and unsheltered locations, understand trends in homelessness and comply with reporting requirements from the federal government

McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.

ANCHORAGE, AK - January 24, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $3,420,701 in Continuum of Care renewal grants to support 22 local homeless providers across Alaska in the c...

Washington, D.C. - January 20, 2011 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley penned a letter to President Obama today urging a greater focus on helping families stay in their homes and avoid foreclosure. In the letter, Merkley stressed that a strong housing market is essential to future job creation and noted that next week’s State of the Union address would be an ideal moment to jump start the conversation about how we can decrease foreclosures, stabilize the housing market, and help spur economic recovery.

WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded $1.41 billion in funding to keep nearly 7,000 local homeless assistance programs operating in the coming year (see attached chart).

WASHINGTON, D.C. - January 19, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) today announced southern West Virginia housing programs have been awarded nearly $1.4 million in grant funding for housing assistance to homeless individuals a...

Washington, DC - January 19, 2011 - (RealEstateRama) -- Senators Kent Conrad and John Hoeven and Congressman Rick Berg announced today that the U.S. Department of Housing and Urban Development (HUD) is awarding $1,665,449 in federal grants to organizations and government agencies throughout North Dakota to combat homelessness in the state

WASHINGTON, DC - January 12, 2011 - (RealEstateRama) -- This morning, the National Alliance to End Homelessness (NAEH) released a report indicating increases in foreclosures and families experiencing homelessness, including those living doubled up due to economic hardship.