Archives

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- The American Institute of Architects (AIA) has entered into an agreement with Bolster, a company recently launched to simplify the process of home remodeling by providing insurance for the successful outcome of projects. The AIA and Bolster aim to combine their strengths and expertise to the benefit of homeowners, contractors and architects operating in the remodeling industry.

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- “The bipartisan ‘Homeowner Flood Insurance Affordability Act’ introduced today in the Senate by Sens. Robert Mendendez, D-N.J.; Johnny Isakson, R-Ga.; and Mary Landrieu, D-La., and in the House by Reps. Michael Grimm, R-N.Y., and Maxine Waters, D-Calif., will help millions of homeowners who are facing sudden and extreme increases in flood insurance premiums, which are an unintended consequence of legislation to reform the National Flood Insurance Program

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- The National Association of Home Builders (NAHB) is now accepting applications for the 2013 NAHB/Builders Mutual Insurance Company Safety Award For Excellence (SAFE). The awards program recognizes home builders and contractors who have developed and implemented high quality workplace safety programs, and also honors government officials and NAHB-affiliated associations who work to advance safety in the home building industry

Daytona Beach, Fl - September 18, 2013 - (RealEstateRama) -- NASCAR and Nationwide Insurance have finalized a new agreement to extend Nationwide’s position as the official auto, home, life and business insurance partner of NASCAR through 2017. As part of the new contract, Nationwide Insurance also will become the presenting sponsor of the Betty Jane France Humanitarian Award.

WASHINGTON, D.C. - August 20, 2013 - (RealEstateRama) -- The Joint Forum released today its final report on Mortgage insurance: market structure, underwriting cycle and policy implications.

COLUMBUS - August 20, 2013 - (RealEstateRama) -- Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s 2012 auto and homeowners insurance average rates, information that is annually compiled by the Department

WASHINGTON, D.C. - July 15, 2013 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) announced today that the company issued approximately $7.6 billion1 of multifamily MBS in the second quarter of 2013, backed by new multifamily loans delivered by its lenders. Fannie Mae also resecuritized $3.0 billion of DUS® MBS through its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMSTM) program in the second quarter.

Albany, NY - July 9, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo is today deploying the Department of Financial Services’ (DFS) Mobile Command Center to Herkimer County to help homeowners and businesses affected by recent heavy rains and devastating flood damage in the Mohawk Valley region. Governor Cuomo also outlined resources and advice for victims who are dealing with their insurance company to help them get the relief to which they are entitled as quickly as possible, including the availability of a DFS Disaster Hotline at 1-800-339-1759.

PITTSBURGH - July 3, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of Pittsburgh (Bank) is pleased to announce its new membership with the Pennsylvania Association of Mutual Insurance Companies (PAMIC).

SAN DIEGO - July 2, 2013 - (RealEstateRama) -- DataQuick®, a Mortgage Technology Top 50 service provider, now offers its high-quality data, proprietary analytics and research expertise as an online resource through the company’s website. The site gives lenders, originators and investors convenient access to local market data and insight built from the nation’s largest independent property database

PITTSBURGH - July 1, 2013 - (RealEstateRama) -- The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today that in the first half of 2013, three new members joined the Bank’s cooperative of banks, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia

Columbus, OH - June 13, 2013 - (RealEstateRama) -- As the potential for severe weather increases, Nationwide Insurance wants to remind those living in the Midwest to take a few precautionary measures to protect their home and personal belongings from damaging wind and heavy rain

WASHINGTON, DC - May 17, 2013 - (RealEstateRama) -- Changes are coming to the critically important National Flood Insurance Program that could impact real estate transactions and property owners across the country. That’s according to experts from the Federal Emergency Management Agency, which manages the government’s flood insurance program, who spoke to Realtors^®

Washington, DC - May 17, 2013 - (RealEstateRama) -- The Financial Services Housing and Insurance Subcommittee continued its examination of the troubled Federal Housing Administration (FHA) today with a hearing that focused on several of the agency’s programs that operate outside its mission

WASHINGTON, D.C. - May 16, 2013 - (RealEstateRama) -- A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nationwide housing starts to a seasonally adjusted annual rate of 853,000 units in April, according to newly released figures from HUD and the U.S. Census Bureau. However, permits for new construction headed solidly higher in the month, with a particularly strong gain in multifamily issuance

WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012 according to the Mortgage Bankers Association’s (MBA) 2012 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.

WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- As the spring home buying season begins, the American Land Title Association (ALTA) reminds consumers of the importance of title insurance when purchasing real estate and protecting their rights to property

WASHINGTON, D.C. - March 21, 2013 - (RealEstateRama) -- Wells Fargo was the top commercial/multifamily mortgage originator in 2012, according to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA). Other top originators include Bank of America Merrill Lynch; HFF, L.P.; PNC Real Estate; Meridian Capital Group, LLC; CBRE Capital Markets, Inc.; Prudential Mortgage Capital Company; KeyBank Real Estate Capital; Jones Lang LaSalle; Walker & Dunlop; Northmarq Capital LLC and Berkadia

DENVER - March 20, 2013 - (RealEstateRama) -- There’s a hidden threat that strikes countless unprepared Americans each year – flooding. Unlike fire, wind, hail or most other perils, flood damage is not covered by a homeowners policy. An uninsured flood loss can undo a lifetime’s worth of effort and create a mountain of bills. Fortunately, a National Flood Insurance Program (NFIP) policy provides the defense against such losses and can ensure that a flood doesn’t bring financial ruin

MCLEAN, VA - February 22, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC) today took steps to cut the time it's taking servicers to get insurance proceeds to borrowers to start repairs on homes damaged by Hurricane Sandy and secured by Freddie Mac-owned or -guaranteed mortgages. Freddie Mac is one of the nation's largest investors in single-family and multifamily mortgages.