Archives

Washington, D.C. - April 5, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today announced that Wells Fargo Securities LLC agreed to settle charges that Wachovia Capital Markets LLC engaged in misconduct in the sale of two collateralized debt obligations (CDOs) tied to the performance of residential mortgage-backed securities as the U.S. housing market was beginning to show signs of distress in late 2006 and early 2007.

Washington, DC - April 5, 2011 - (RealEstateRama) -- More than 10,000 homes across the U.S. have earned LEED certification through the LEED for Homes program, according to the U.S. Green Building Council (USGBC). LEED-certified home projects span the residential market, from multi- and single-family, to market rate and affordable housing.

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- While the housing industry celebrates New Homes Month in April, home builders want Americans to know just how much of a positive, direct impact residential construction has on the U.S. economy throughout the entire year."Home building is a key driver of the American economy," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. "By generating economic activity including new income and jobs, purchases of goods and services, and revenue for local governments, housing—which has historically accounted for around 17 percent of the GDP—can put America back to work."

NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Help for Unemployed Borrowers: Lessons from the Pennsylvania Homeowners’ Emergency Mortgage Assistance Program, the latest article in its Current Issues in Economics and Finance series from the Research and Statistics Group.

RUTLAND, VT - April 4, 2011 - (RealEstateRama) -- An affordable housing revolving loan program in West Rutland that provides Vermonters with services, technical assistance and loans to rehabilitate their homes will receive a $1 million grant from the state, Gov. Peter Shumlin announced today.

Lincoln, Neb. - April 4, 2011 - (RealEstateRama) -- Lt. Gov. Rick Sheehy announced the line-up for the 2011 Nebraska Infrastructure Protection Conference (NIPC). Nebraska businesses and private industry representatives are encouraged to participate ...

TOPEKA, KS - April 4, 2011 - (RealEstateRama) -- Marking the 43rd anniversary of the signing of the National Fair Housing Law, Governor Sam Brownback joined Kansas Housing Resources Corporation (KHRC), municipalities and non-profits statewide in proclaiming April Fair Housing Month.

ANCHORAGE, AK - April 4, 2011 - (RealEstateRama) -- Effective today, the Rural Alaska Community Action Program, Inc. (RurAL CAP) will assume administration of Alaska Housing Finance Corporation's weatherization program in Anchorage. The Municipality...

Washington, DC - April 4, 2011 - (RealEstateRama) -- Americans favor walkable, mixed-use neighborhoods, with 56 percent of respondents preferring smart growth neighborhoods over neighborhoods that require more driving between home, work and recreation. That’s according to a recent study, the Community Preference Survey, by the National Association of REALTORS®.

WASHINGTON, DC - April 4, 2011 - (RealEstateRama) -- Alfred Evans, 28, of Washington, D.C., was convicted by a jury today of charges stemming from the April 2003 murder of Reginald Brighthart, a 35-year-old homeless man, U.S. Attorney Ronald C. Machen Jr. announced.

WASHINGTON, DC - April 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the March edition of the Obama Administration's Housing Scorecard. Officials caution that the latest housing figures underscore fragility in the housing market and the need to continue efforts to help American families stay in their homes. The housing scorecard is a comprehensive report on the nation’s housing market

Washington, DC - April 1, 2011 - (RealEstateRama) -- The National Association of Realtors® will join Americans across the country as they honor Fair Housing Month this April. As the leading advocate for home ownership, NAR strongly supports the Fair Housing Act and believes that anyone who is able and willing to assume the responsibilities of owning a home should have the opportunity to pursue that dream.

Washington, DC - April 1, 2011 - (RealEstateRama) -- The National Association of REALTORS® today urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie Mac.

WASHINGTON, DC - April 1, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Assistant Secretary Sandra B. Henriquez announced today that two public housing agencies– Boulder Housing Partners in Colorado and Lexington-Fayette Urban County in Kentucky – have been selected to participate in HUD’s Moving To Work Program (MTW).

Washington, D.C. - April 1, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Bill Cosgrove, President and CEO of Union National Mortgage Company, at its 2011 National Policy Conference.

WASHINGTON, DC - April 1, 2011 - (RealEstateRama) -- Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing entitled “Public Proposals for the Future of the Housing Finance System.” The hearing was part of the Committee’s ongoing discussion regarding the future of the American housing finance system.

WASHINGTON, DC - March 31, 2011 - (RealEstateRama) -- Enterprise Community Partners, Inc. (Enterprise) today launched the Enterprise Community Impact Note to provide an easy way for individuals and organizations to invest in green affordable housing. The innovative financial product raises money from investors to build or preserve affordable housing and community enhancing projects, while providing financial returns that rival those of traditional CDs.

WASHINGTON, D.C. - March 31, 2011 - (RealEstateRama) -- Member of the Media: The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers.

WASHINGTON, D.C. - March 31, 2011 - (RealEstateRama) -- John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Thomas T. Kim as Vice President of Commercial Regulatory Policy.

Pikeville, KY - March 31, 2011 - (RealEstateRama) -- The Kentucky Commission on Human Rights and the Lexington Fair Housing Council are sponsoring training on the Kentucky Fair Housing Act on April 6. The training will take place at the Pikeville Public Library, 119 College Street, Room 125, from 2:00 to 4 p.m. CST. Real estate licensees, landlords, social service providers and government employees are strongly encouraged to attend. The training is also open to the public.