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Fannie Mae and Freddie Mac HARP Refinancings Increase in Third Quarter; Performance of Modified...
Washington, DC - December 21, 2010 - (RealEstateRama) -- Refinancings through the Home Affordable Refinance Program (HARP) increased 26 percent in the third quarter of 2010. Fannie Mae and Freddie Mac loan modifications through the Home Affordable Modification Program (HAMP) increased 16 percent in the quarter, although the overall volume of loan modifications and the pace of HAMP modifications declined from previous periods. The data were released in FHFA’s Third Quarter 2010 Foreclosure Prevention & Refinance Report, which includes data on all of the Enterprises’ foreclosure prevention efforts
National Foreclosure Mitigation Counseling Program Helps Homeowners Save More Than $6,000 Annually
Washington, D.C. - December 20, 2010 - (RealEstateRama) -- Today NeighborWorks America, the Congressionally appointed administrator of the National Foreclosure Mitigation Counseling (NFMC) Program, announced that, based on a new report that analyzed the NFMC program through December 2009, the odds of curing a foreclosure, and potentially avoiding losing a home, is 1.7 times larger for a homeowner who works with an NFMC counselor than for a homeowner who doesn’t receive such counseling
FHLBank Pittsburgh Awards $2.7 Million in Affordable Housing Program Grants
Pittsburgh, PA - December 17, 2010 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank) has approved $2.69 million in grants under its Affordable Housing Program (AHP). The grants will help finance 15 housing projects – one in Delaware, eight in Pennsylvania and six in West Virginia – creating 395 units of housing for very-low, low- and moderate-income individuals and families as well as those with special needs
Provider Groups Sought for Applications, Training
WASHINGTON, DC - December 16, 2010 - (RealEstateRama) -- A homeless-prevention program by the Department of Veterans Affairs (VA), which seeks to help Veterans and families who are on the verge of becoming homeless, has moved closer to implementation. The program marks the first time that VA will fund services for the spouses and children of Veterans at risk of becoming homeless.
American Bank of Texas and FHLB Dallas Award PGP Grant to Four Rivers Outreach
SHERMAN, TX - December 7, 2010 - (RealEstateRama) -- Representatives of American Bank of Texas and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented a $14,000 Partnership Grant Program (PGP) award to Four Rivers Outreach on Friday, December 3, 2010. The grant will assist with operational costs associated with the Four Rivers Outreach men’s transitional living center. The staff and Board of Directors of Four Rivers Outreach were accompanied by Bill Magers, Mayor of the City of Sherman, and Robin McCoy, regional coordinator for State Senator Craig Estes.
Family Promise of Ouachita Awarded $24,000 in Partnership Grants from Six Local Banks
MONROE, LA - December 6, 2010 - (RealEstateRama) -- Ouachita Independent Bank (OIB), Community Trust Bank, Progressive Bank, Richland State Bank, Cross Keys Bank, BancorpSouth Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) are pleased to announce they have awarded $24,000 in Partnership Grant Program (PGP) awards to Family Promise of Ouachita (Family Promise). The checks were presented during a media event at OIB on Wednesday, December
FEMA Extends Temporary Disaster Housing Program
PHILADELPHIA, PA - November 24, 2010 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) announced today the approval of a request from the state of West Virginia to extend FEMA’s temporary disaster housing program from November 1...
IdentitySecure Gives Realtors® Peace of Mind
Washington, DC- November 22, 2010 - (RealEstateRama) -- Identity theft is becoming one of the fastest growing crimes in America, and the National Association of Realtors® is committed to helping members keep their identities safe. Toward that end, the IdentitySecure Program for Realtors® is now available through NAR’s REALTOR Benefits® Program in partnership with Affinion Benefits Group, LLC.
Helena National Bank and FHLB Dallas Award Partnership Grant to Main Street Helena
HELENA, AR - November 19, 2010 - (RealEstateRama) -- Helena National Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) are pleased to announce that they have awarded a $4,000 Partnership Grant Program (PGP) award to Main Street Helena. Representatives from the banks joined Main Street Helena officials for a check presentation Tuesday in historic downtown Helena
Written Testimony of Chief of Homeownership Preservation Office Phyllis Caldwell Before the House Financial...
WASHINGTON, D.C. - November 18, 2010 - (RealEstateRama) -- Chairwoman Waters, Ranking Member Capito, and Members of the Subcommittee, thank you for the opportunity to testify today regarding loss mitigation and issues surrounding mortgage servicing. The testimony will cover two key areas: first, the steps we are taking to ensure that servicers participating in the Making Home Affordable (MHA) program are adhering to program guidelines in light of the recent foreclosure issues, and second, the accomplishments of MHA to date and its impact on mortgage servicing.
Energy Star Building Registry Now Available On Mobile Phone Application Offered Through the Urban...
CHICAGO, IL - November 17, 2010 - (RealEstateRama) -- A national listing of energy efficient commercial buildings in the United States that are included in the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR program is now available on a new mobile phone application offered by LessEn, an Urban Land Institute (ULI) initiative to help lessen energy consumption in commercial buildings around the globe