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House Passes Historic Mortgage Reform Legislation

Washington, DC, Nov. 15, 2007 - The U.S. House of Representatives today approved historic bipartisan legislation to reform mortgage and anti-predatory lending practices by a vote of 291 to 127. H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will establish a national standard to rein in the abusive lending practices that contributed to the current mortgage crisis

Staying Out of Court Is Simple: Think Like a Buyer

There are so many ways real estate professionals can get snagged by a lawsuit that it's hard to keep track of everything that poses a risk. But by looking at each transaction through the eyes of the buyer, you can protect yourself, trainer and author Barbara Nichols said at the 2007 NAR Conference & Expo in Las Vegas.

Coalition of Consumer and Anti-Poverty Groups Opposes Predatory Mortgage Bill

WASHINGTON, D.C., Nov. 15, 2007 – A bill designed to address abuses in the lending market would leave consumers worse off than if Congress did nothing at all, a group of national and local consumer and poverty law organizations told lawmakers today. The group is urging lawmakers to defeat H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, scheduled for a vote today in the U.S. House of Representatives.

2008: A Year of Opportunity

“2007 has been a year of challenge; 2008 will be a year of opportunity for serious buyers and for REALTORS®,” NAR Chief Economist Lawrence Yun told a packed house at the NAR Conference Tuesday.

SIPA Announces Call for Entries for Building Excellence Awards Competition

The Structural Insulated Panel Association (SIPA) is now accepting entries for the sixth annual Building Excellence Awards. This unique competition recognizes the exceptional projects that SIPA members build with energy efficient structural insulated panels (SIPs)

Top 5 Markets Where Home Prices are Rising

Home prices have risen in five major markets, while continuing to fall in the rest of the country, according to the S&P/Case-Shiller home price index for August, released Tuesday.

NAR Survey Shows Consumers Very Satisfied With Agent Performance

LAS VEGAS, November 13, 2007 - A new consumer survey shows that buyers and sellers are very satisfied with their real estate professionals. Home buyers use many tools in the transaction process, and both buyers and sellers highly value the personal touch and services real estate professionals offer. The survey was released here today at the 2007 REALTORS® Conference & Expo.

Foreclosure Activity Up 30% in Third Quarter

RealtyTrac(R) released its Q3 2007 U.S. Foreclosure Market Report, which shows a total of 635,159 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 446,726 properties nationwide during the third quarter, a 30% increase from the previous quarter and an increase of nearly 100% from the third quarter of 2006.

NAR Finds For-Sale-By-Owner Transactions Remain at Record Lows

LAS VEGAS, November 13, 2007 - The level of for-sale-by-owner transactions remains at a record low, according to the National Association of Realtors® 2007 Profile of Home Buyers and Sellers. The survey was released today at the 2007 REALTORS® Conference & Expo, here through November 16.

Successful Long-Term Homeownership Begins with Consumer Education

Phoenix, AZ, November 13, 2007 – Homeownership counseling and education are more important now than ever given the recent rise in mortgage delinquencies and foreclosures. Freddie Mac (NYSE: FRE), one of the nation's largest investors in residential mortgages, and the National Council of La Raza (NCLR), the nation's largest Hispanic advocacy organization, are continuing their tradition of working together by educating Latinos in the Phoenix area on all aspects of homeownership, from maintenance to financial management and foreclosure prevention

America’s Undervalued Real Estate Markets

When a market goes through uncertain times, investor caution reigns. And whether you're talking about the housing market or the financial services sector, there's been so much bad news lately that it makes sense for buyers and investors to remain wary.

Think in Reverse to Succeed in Auctions

Real estate professionals who want to work in property auctions need to adopt a new way of thinking, says Ted Cucuro, a senior broker associate with Sheldon Good & Co., Chicago. “We do everything in reverse,” Cucuro told attendees of an educational session at the 2007 REALTORS® Conference & Expo in Las Vegas.

Bayh Presses Forward with Property Tax Relief Plan

Washington, Nov. 8, 2007 — U.S. Senator Evan Bayh has enlisted the support of 15 Senate colleagues to join his call to provide property tax relief to 32 million homeowners across the country who do not itemize their federal tax returns by allowing them to deduct their state and local property taxes.

Most Affordable Places To Live Well

Triple-digit monthly parking fees, $12 movie tickets, clogged intersections and weekly grocery bills that rival some mortgage payments. Welcome to life in the Big Apple. And Los Angeles. And Chicago.

Top Ten Things to Know if You’re Interested in a Reverse Mortgage

Reverse Mortgages are becoming popular in America. The U.S. Department of Housing and Urban Development (HUD) created one of the first. HUD's Reverse Mortgage is a federally-insured private loan, and it's a safe plan that can give older Americans greater financial security. Many seniors use it to supplement social security, meet unexpected medical expenses, make home improvements, and more.

Sound Fundamentals Promise Improved Housing

Market It was a mystery that only the crack investigators at RSI — the REALTOR® Scene Investigation — could uncover.

Realtors(R) Convene in Record Numbers, Aim to Improve Market Confidence

LAS VEGAS, Nov. 12 /PRNewswire-USNewswire/ -- Pat V. Combs, president of the National Association of Realtors, today urged Realtors to help restore confidence in the real estate market by educating the public about the value of housing as a good long-term investment. With the market's positive economic fundamentals, 2007 is turning out to be one of strongest years on record, she said.

Industry Survey Reports on New Challenges Facing Home Buyers

National
ARLINGTON, Va., Nov. 9 /PRNewswire-USNewswire/ -- Recently media attention has been heavily focused on the difficulties home sellers face with the current glut of inventory and the tightening of the sub-prime mortgage market. However, according to a Fall member survey and report from the National Association of Exclusive Buyer Agents, home buyers are also facing new challenges.

Ten Rising-In-Value Real Estate Markets

Home prices nationwide posted their biggest drop in 16 years last month, according to the National Association of Realtors.

Financial Service Committee Approves Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation

Washington, DC – The House Committee on Financial Services today approved historic bipartisan mortgage reform legislation and anti-predatory lending practices by a vote of 45 to 19. H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will create a licensing system for residential mortgage loan originators, establish a minimum standard requiring that borrowers have a reasonable ability to repay a loan, and will attach a limited liability to secondary market securitizers.

U.S. National


Congresswoman Sydney Kamlager-Dove

Kamlager-Dove Convenes Government Agencies, Housing Developers, and Faith Communities to Advance Affordable Housing Development...

National
On Friday, Congresswoman Sydney Kamlager-Dove (CA-37) hosted a series of roundtables at LA Trade Technical College
HUD - U.S. Department of Housing and Urban Development

HUD Updates Regulations to Lower Housing Costs and Build Safe and Affordable Manufactured Homes

National
HUD marks 50 years of the Manufactured Home Construction and Safety Standards, while announcing the most extensive updates
Understanding Biophilic Workplace Design and Its Benefits

Understanding Biophilic Workplace Design and Its Benefits

National
Biophilic workplace design is a trend covering more and more office buildings in 2024. The concept is the idea of mixing people and nature while in a working environment. It comes with a
EasyKnock: A Midyear Recap

EasyKnock: A Midyear Recap

National
Anyone who’s watched the news knows the U.S. housing market has been a rollercoaster ride for quite some time. According to Forbes Advisor, “The housing market might finally be entering a transitional phase. Nonetheless, experts say the housing market
6 Key Factors to Evaluate When Renovating Your Home

6 Key Factors to Evaluate When Renovating Your Home

National
Renovating your home can be one of the most rewarding experiences as a homeowner. Whether you're modernizing an outdated kitchen, adding more living space, or enhancing the
NAHB

NAHB Opens Registration for 2025 International Builders’ Show in Las Vegas

National
The National Association of Home Builders (NAHB) officially opened online registration and housing today for the 2025 NAHB International Builders’ Show® (IBS), the largest annual light
Congresswoman Marcy Kaptur

Kaptur Announces $4.3 Million in Federal Funding to Boost Clean Energy and Energy Efficiency...

National
Congresswoman Marcy Kaptur (OH-09), Ranking Member of the House Appropriations Subcommittee on Energy and Water

Parks Group Welcomes Western Solar Plan, Calls for Responsible Development to Protect National Parks...

National
“We see the dramatic impact of climate change on our national parks every day. That’s why we need a transition to renewable energy that makes sure solar development is sited quickly and where it makes the most sense, minimizing harm to national parks and the communities they support."–Matt Kirby, NPCA's Senior Energy and Landscape Conservation Director
FEMA

FEMA Grants Won’t Affect Other Federal Benefits

National
Applying for disaster assistance will not affect other federal benefits you may receive. Those who sustained loss from the severe storms, straight-line winds, tornadoes, landslides and

POAH Acquires 94 Senior Affordable Apartments in Southeast MA and Cape Cod

National
Preservation of Affordable Housing (POAH) has acquired two senior affordable housing properties in very desirable Massachusetts communities that are vulnerable to increasing housing costs: Northside Village in Dennis and Westport Village in Westport.
NAR

Pending Home Sales Dropped 5.5% in July

National
Pending home sales in July retreated 5.5%, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South and West registered declines.

The Ultimate Guide to Waterproofing Membranes: Types, Benefits, and Applications

National
Waterproofing membranes are essential components in the construction and maintenance of buildings, ensuring protection against water infiltration. Whether it’s a foundation, roof, or wet area, applying waterproofing membranes prevents damage that can lead to structural degradation, mold growth, and costly repairs.
EPA

EPA Proposes Settlement to Provide $151 Million for Cleanup of Raritan Bay Slag Superfund...

National
The U.S. Environmental Protection Agency announced a proposed consent decree that would pay EPA’s past and future costs of cleanup at the Raritan Bay Slag Superfund Site in Old Bridge Township and Sayreville, New Jersey.
Congresswoman Marcy Kaptur

Kaptur Announces $24.5 Million USDOT Award To Lucas, Wood, Ottawa, and Sandusky Counties in...

National
Congresswoman Marcy Kaptur (OH-09) announced the US Department of Transportation will award $24.5 Million to Lucas,
U.S. Department of the Treasury

U.S. Department of the Treasury Issues Proposed Rules to Expand Clean Energy Investments in...

National
the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued a Notice of Proposed Rulemaking (NPRM) for 48E(h), the Clean Electricity Low-Income Communities
MBA

MBA Forecast: Commercial/Multifamily Borrowing and Lending to Increase 26 Percent to $539 Billion in...

National
Total commercial and multifamily mortgage borrowing and lending is expected to finish the year at $539 billion in 2024, which is a
AGC

CONSTRUCTION SPENDING SLIPS 0.3 PERCENT IN JULY WITH DECREASES IN PRIVATE PROJECTS AS NEW...

National
Construction spending slid 0.3 percent from June to July, pulled down by declines in private residential and nonresidential

The Ultimate Home Cleaning Routine: Transform Your Space in 7 Simple Steps

National
Maintaining a clean and organized home is essential for physical and mental well-being. A tidy living space looks appealing and creates a healthier environment for you and your family. In this article, we'll explore a foolproof cleaning routine that will help you keep your home spotless with minimal effort.
Congresswoman Suzanne Bonamici

Oregon Delegation Celebrates Almost $120 Million to Supercharge EV Charging Infrastructure Across West Coast

National
Oregon’s U.S. Senators Jeff Merkley and Ron Wyden, along with U.S. Representatives Earl Blumenauer (OR-03), Suzanne

Recent CRL Solar Lending Paper Supports Federal Regulators’ Call for Increased Enforcement to Protect...

National
Federal consumer regulatory agencies today released data and resources that reflect findings in a?paper?released last week by the Center for Responsible Lending (CRL) that show the nation’s leading residential solar energy financing lenders currently use many of the predatory methods employed in the subprime mortgage lending market of 2007-2010

U.S. States


FEMA

President Donald J. Trump Approves Emergency Disaster Declaration for Texas

Texas
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
FEMA

FEMA Fire Management Assistance Granted for the Numbers Fire

California
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
Start An LLC In Texas

How Much Does It Cost To Start An LLC In Texas?

National
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
Registered Agent In Texas

5 Benefits Of Using A Registered Agent In Texas

Texas
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas 

Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Top 4 Places to Buy a Second Home

Top 4 Places to Buy a Second Home in the US

National
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out

BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE

California
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns

NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY

New York
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.

Robust U.S economy not a boost for black homeownership

National
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers

Popular


AGC

SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...

National
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
NAHB

New Home Sales Decline in May

National
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act

Business Real Estate Press Releases

Michael-and-Dalip-Revive

Real Estate Agents: How to modernize your business at the Revive...

Real estate agents and broker-owners across Southern California are invited to attend the Revive Edge Event on Tuesday, October 8, from 11:30 AM to 6:00 PM at The Cove at UCI in Orange

Recent Gov & Nonprofit Real Estate Press Releases