Archives
Attorney General Pam Bondi’s Statement on National Mortgage Settlement Servicing Standards
TALLAHASSEE, FL - May 7, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement regarding the National Mortgage Settlement Servicing Standards
New CBO Report Concludes that Principal Reduction Programs Benefit U.S. Taxpayers, Homeowners, and the...
Washington, DC - May 2, 2013 - (RealEstateRama) -- Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, released a new report from the nonpartisan Congressional Budget Office (CBO) concluding that im...
Rep. Keith Ellison on Nomination of Mel Watt to Oversee Federal Housing Finance Agency
MINNEAPOLIS - May 2, 2013 - (RealEstateRama) -- Rep. Keith Ellison (D-MN), Member of the House Financial Services Committee and Chief Deputy Whip, released the following statement after President Obama announced his intent to nominate Rep. Mel Watt (D-...
Rep. Miller Applauds Federal Grants to Promote Affordable Housing in Richmond
WASHINGTON, DC - April 29, 2013 - (RealEstateRama) -- The Community Housing Development Corporation (CHDC) of North Richmond will receive $145,720 in federal grants to promote affordable housing and bolster foreclosure counseling, U.S. Rep. George Mill...
Idaho Supreme Court: MERS Meets Definition of Beneficiary
Reston, Virginia - April 26, 2013 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that a five-justice panel of the Idaho Supreme Court unanimously affirmed a lower court decision in favor of Mortgage Electronic Registration Systems, Inc. ...
AG Coakley Reminds Homeowners Eligible for Loan Modifications Under New Law to Seek Assistance...
BOSTON - April 26, 2013 - (RealEstateRama) -- Thousands of Massachusetts residents at risk of foreclosure are receiving notices in the mail alerting them to their eligibility to request a loan modification, Attorney General Martha Coakley announced tod...
Cummings Introduces Bill to Create “Independent Monitor” to Oversee Settlement for Illegal Foreclosures and...
Washington, D.C. - April 25, 2013 - (RealEstateRama) -- Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, announced the introduction of H.R. 1706, The Mortgage Settlement Monitoring Act of 2013, t...
CalHFA Awarded Nearly $1.3 Million to Provide Counseling for Struggling Homeowners
SACRAMENTO - April 25, 2013 - (RealEstateRama) -- The California Housing Finance Agency (CalHFA) today announced that it will receive nearly $1.3 million in additional federal dollars to provide free counseling to homeowners struggling to avoid foreclo...
McNerney Introduces the Home Act to Help Homeowners Avoid Forclosure
WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Housing Opportunity and Mortgage Equity (HOME) Act of 2013 to help underwater homeowners avoid foreclosure. The HOME Act will help lower hom...
Golden State Foreclosure Starts Lowest Since Late 2005
WASHINGTON, D.C. - April 23, 2013 - (RealEstateRama) -- The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter. The unusually sharp drop in the number of mortgage default n...
CT REIA May 2013 Meeting – Make Big Profits With Abandoned Properties
West Hartford, CT - April 22, 2013 - (RealEstateRama) -- Reggie Brooks teaches a person how to find "abandoned/distressed properties", find the owners, and structure a transaction that is mutually beneficial to both parties. You will learn how to "auto...
Can I Short Sale My Home and Buy It Back?
Las Vegas, NV - April 22, 2013 - (RealEstateRama) -- One of the most common questions we're asked is, "Can I stay in my home after the short sale is complete?" Many Realtors and even some Attorneys claim they can sell your home to an investor (i.e. Cas...
OHFA Board Awards $1.4 Million for Affordable Housing in Lucas, Ross and Defiance Counties
COLUMBUS - April 19, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board approved more than $1.4 million through the Housing Development Assistance Program (HDAP) to provide flexible, low-interest financing for affordable housing de...
Attorney General Kamala D. Harris Announces $9.4 Million in California Homeowner Assistance Grants
SAN FRANCISCO, CA – April 19, 2013 – (RealEstateRama) — Attorney General Kamala D. Harris today announced California’s National Mortgage Settlement Grant Program has awarded $9.4 million to 21 organizations in order to assist Califo...
State Housing Finance Agency Receives Two Federal Grants to Help Homeowners Keep their Homes
CHICAGO, IL - April 18, 2013 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today announced it received a $2.7 million National Foreclosure Mitigation Counseling Program (NFMC) grant, the second-highest award in the nation. In ...
OHFA Receives $1.07 Million Grant to Continue Supporting Foreclosure Counseling Across Ohio
COLUMBUS - April 18, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) has been awarded $1,074,039 through the National Foreclosure Mitigation Counseling (NFMC) program to continue supporting the availability of foreclosure counseling a...
Legislation Streamlining the PRE Filing Process for Lenders on Foreclosures on the Move
WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- With the passage of the Principal Residence Exemption (PRE) Enhancement legislation last year, lenders were able to retain the PRE on a foreclosed property, but they must still pay the 18 non-home...
Menendez Applauds Actions to Help NJ Homeowners Impacted by Hurricane Sandy
WASHINGTON, DC - April 15, 2013 - (RealEstateRama) -- U.S. Senator Robert Menendez, Chairman of the Senate Subcommittee on Housing, today praised HUD Secretary Donovan for moving forward on a series of measures to allow New Jersey homeowners impacted S...
Application Period Opens for $5 Million Abandoned Housing Grant Program
BOSTON - April 12, 2013 - (RealEstateRama) -- In an effort to increase the rehabilitation of distressed and abandoned properties in Massachusetts, Attorney General Martha Coakley today opened the application period for a $5 million grant program. Utili...
Attorney General J.B. Van Hollen, The Metro Milwaukee Foreclosure Mediation Program, Milwaukee County Chief...
MILWAUKEE - April 11, 2013 - (RealEstateRama) -- Attorney General J.B. Van Hollen, Executive Director/Chief Mediator Debra Tuttle from the Metro Milwaukee Foreclosure Mediation Program (MMFMP), Milwaukee County Circuit Court Chief Judge Jeffrey Kremers...
