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Lake County Government offices to close for Labor Day
TAVARES, FL - August 28, 2012 - (RealEstateRama) -- All offices of the Lake County Board of County Commissioners, Clerk of Courts, Property Appraiser, Supervisor of Elections and Tax Collector will be closed Monday, Sept. 3 in observance of Labor Day
UNITED STATES REACHES LENDING DISCRIMINATION SETTLEMENT WITH GFI MORTGAGE BANKERS INC.
WASHINGTON, D.C. - August 28, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, Thomas E. Perez, the Assistant Attorney General for the Department of Justice’s Civil Rights Division, and John Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development (“HUD”), announced today that GFI Mortgage Bankers Inc., a large independent home mortgage firm that concentrates on the New York, New Jersey, and Florida markets, will pay $3.555 million to resolve a lending discrimination lawsuit filed by the Department of Justice and the U.S. Attorney’s Office for the Southern District of New York.
Tenants and Elected Officials Demand New HCR Regulations, Call on Governor Cuomo to Lead...
New York, NY - August 28, 2012 - (RealEstateRama) -- In advance of a New York State Homes and Community Renewal (HCR) hearing on revisions to the Rent Stabilization Code, tenants, community leaders and elected officials banded together to call the prop...
Governor Cuomo Signs Legislation to Make Solar Power More Affordable for Homeowners and Businesses
Albany, NY - August 20, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today signed a series of bills as part of the NY-Sun initiative that will make solar energy more affordable for homeowners and businesses as well as create new jobs in the stat...
Justice Department Settles Lawsuit Against South Carolina Landlord for Discriminating Against Families with Children
WASHINGTON, D.C. - August 14, 2012 - (RealEstateRama) -- The Justice Department announced today that John Wingard Altman has agreed to pay $25,000 to settle a lawsuit involving violations of the Fair Housing Act at Altman Apartments, a 16-unit apartmen...
GROUND BROKEN FOR DICKINSON AFFORDABLE HOUSING LAW ENFORCEMENT HOUSING PROJECTS NAMED
DICKINSON, ND - August 13, 2012 - (RealEstateRama) -- Beyond Shelter, Inc. (BSI) and the North Dakota Housing Finance Agency (NDHFA) co-hosted a ground breaking today for Patterson Heights Apartments. Located at 700 Dakota Boulevard, the affordable hou...
Quinn Administration Releases Study: Without Pension Reform, Illinois Will Spend More on Pensions than...
CHICAGO, IL - August 6, 2012 - (RealEstateRama) -- Governor Quinn released data today prepared by the Illinois Office of Management & Budget (OMB) that shows without comprehensive pension reform, Illinois will spend more on pensions than education...
Klobuchar’s Bipartisan Bill to Support Homeless Veterans Headed to President’s Desk to Be Signed...
Washington, D.C. - August 2, 2012 - (RealEstateRama) -- U.S. Senator Amy Klobuchar announced that her bipartisan legislation to help fight homelessness among America’s veterans has passed the House and Senate and is headed to the President’s desk ...
The Lawyers’ Committee Applauds the CFPB’s Recent Foreclosure Rescue Fraud Case, its First-Ever Civil...
WASHINGTON, D.C. - August 1, 2012 - (RealEstateRama) -- The Lawyers' Committee for Civil Rights Under Law, as a leader of the Loan Modification Scam Prevention Network (the Network), applauds the Consumer Financial Protection Bureau (CFPB) for its enforcement action against the Gordon Law Firm, et al. Though the foreclosure crisis began over four years ago, millions of homeowners continue to struggle and remain vulnerable to foreclosure rescue fraud
Senator Menendez Criticizes Federal Housing Finance Agency’s Decision Not to Allow Principal Reduction for...
WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- Senator Robert Menendez, Chairman of the Housing Subcommittee of the Senate Banking Committee, today criticized FHFA’s decision not to allow principal reduction for struggling homeowners under any...
Corker Applauds FHFA Decision Not to Encourage Underwater Borrowers to Default on Home Mortgages
WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Banking, Housing and Urban Affairs Committee, made the following statement today in response to a decision by Federal Housing Finance Agency Acting ...
FHFA Misses Opportunity to Help Housing Market and Taxpayers
WASHINGTON, D.C. - August 1, 2012 - (RealEstateRama) -- Restoring the US housing market is critical to our nation’s economic recovery. That is why we are disappointed with the Federal Housing Finance Agency’s (FHFA) announcement today that it will not permit targeted forgiveness of loan principal balances for struggling homeowners. This decision means that principal reductions are not an option for Fannie Mae and Freddie Mac loans even when reducing principal balances would return more money to those entities than any other type of modification. This is a lost opportunity to stabilize housing markets and property values by giving more homeowners a chance to restructure unaffordable loans and avoid foreclosure
DHS Summarily Suspends Adult Foster Care Small Group Home License
LANSING, - July 31, 2012 - (RealEstateRama) -- The Michigan Department of Human Services (DHS), Bureau of Children and Adult Licensing (BCAL) has issued an order of summary suspension and notice of intent to revoke the license of St. Clair County adult...
Heinrich Bill to Boost Tribal Homeownership Becomes Law
WASHINGTON, D.C. - July 31, 2012 - (RealEstateRama) -- Legislation sponsored by U.S. Representative Martin Heinrich (NM-1) to remove barriers between Native American families and homeownership was signed into law today by President Obama during an Oval...
State housing agency’s $48.6 million in housing tax credits to expand housing choices, support...
AUSTIN, TX - July 30, 2012 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced it has allocated $48.6 million in housing tax credits to developers of affordable rental properties, helping increase housing...
$195 Million in Property Tax Relief On Way to 163,000 New Jersey Seniors
TRENTON - July 27, 2012 - (RealEstateRama) -- The Division of Taxation has mailed out Senior Freeze checks worth $195 million to 163,000 senior and disabled homeowners around the state, State Treasurer Andrew Sidamon-Eristoff announced.
Governor Quinn Signs New Consumer Protection Laws
CHICAGO, IL - July 25, 2012 - (RealEstateRama) -- Governor Pat Quinn continued his long history of fighting for consumers today by signing two new laws to help Illinois residents avoid risky home loans and protect those who are in debt from being unfai...
FORMER NORTH CAROLINA BUILDER ARRESTED AND CHARGED WITH TAX OBSTRUCTION AND CONVERSION OF GOVERNMENT...
WASHINGTON, DC - July 25, 2012 - (RealEstateRama) -- William B. Clayton, a residential builder formerly of Corolla, N.C., was arrested yesterday on charges of obstructing the tax laws and converting government property, the Justice Department and Inter...
Governor McDonnell Signs Legislation to Protect Property Rights of Virginia Citizens
RICHMOND - July 16, 2012 - (RealEstateRama) -- Governor Bob McDonnell ceremonially signed four pieces of legislation to protect the property rights of Virginia citizens. HB5 (R. Bell) and its companion SB240 (Obenshain) provide for a referendum for a c...
CDFI Fund Opens 2012 Competition Round of New Markets Tax Credit Program
Washington, DC - July 16, 2012 - (RealEstateRama) -- In anticipation of its likely publication in the Federal Register on July 19, 2012, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today its 2012 Notice of Allocation Availability (NOAA) which officially opens the 2012 round of competition under the New Markets Tax Credit Program (NMTC Program)