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Ohio HFA: State of Ohio Expands Eligibility and Benefits for the Foreclosure Prevention Program
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced expansions to the State of Ohio's foreclosure prevention program, Save the Dream Ohio. Effective February 1, the enhancements to the progra...
The Grand Rapids Home for Veterans; One of Four Nonprofits Competing for $25,000 in...
Grand Rapids, MI - February 4, 2013 - (RealEstateRama) -- The Grand Rapids Home for Veterans is enlisting residents to help the organization win a $25,000 Home Depot gift card by voting daily in The Home Depot Foundation's second annual Aprons in Actio...
Governor Cuomo Announces Ground-Breaking of First Project to Implement Medicaid Redesign Team Savings for...
Albany, NY - January 25, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Volunteers of America-Greater NY and the Housing Collaborative have broken ground on Creston Avenue Residence, located at 2382-2388 Creston Avenue in the ...
Governor Cuomo Announces Housing and Individual Assistance Extension for Hurricane Sandy Victims
Albany, NY - January 25, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Federal Emergency Management Agency (FEMA), at the request of the State of New York, has approved a 14-day extension to the Transitional Sheltering As...
IRS Announces Guidance on the Principal Reduction Alternative Offered in the Home Affordable Modification...
WASHINGTON, DC - January 24, 2013 - (RealEstateRama) -- The Internal Revenue Service today announced guidance to borrowers, mortgage loan holders and loan servicers who are participating in the Principal Reduction AlternativeSM offered through the Department of the Treasury’s and Department of Housing and Urban Development’s Home Affordable Modification Program® (HAMP-PRA®).
Lehigh County Commissioners delay proposal to end affordable housing program
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Lehigh County Commissioners are holding off on a proposal to potentially eliminate a trust fund program that helps pay for affordable housing projects.
Commissioner Thomas Creighton has propose...
Deadline Extended a Third Time for Isaac-Related Flood Insurance Claims in Louisiana
BATON ROUGE, LA - January 22, 2012 - (RealEstateRama) -- Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 30 days to file claims for their flood-related losse...
Art Van Home Rewards Program Now Offers $300 in Rewards
January 22, 2012 - (RealEstateRama) -- Early last year, MAR teamed with Art Van to introduce the Home Rewards Program for Michigan REALTORS® and their clients. The new program offered $150 to home purchasers for use at Art Van, Paul’s TV and World o...
BombBomb Joins NAR’s REach™ Tech Accelerator Program
CHICAGO, IL - January 16, 2012 - (RealEstateRama) -- The National Association of Realtors®, along with Second Century Ventures today announced BombBomb, a video email marketing platform, as the first company selected for its REach™ accelerator program.
Foxx Statement on H.R. 41
Washington, D.C. - January 08, 2012 - (RealEstateRama) -- Congresswoman Virginia Foxx, R-NC, today issued the following statement regarding her vote against H.R. 41, legislation that would increase federal deficit spending by granting additional borro...
New and Upgraded Housing for Teachers, Health Professionals and Public Safety Workers Thanks to...
Anchorage, AK - December 21, 2012 - (RealEstateRama) -- Helping people feel safe, earn a good education and have access to affordable healthcare are all benefits of Alaska Housing Finance Corporation’s (AHFC’s) Teacher, Health Professional and Publ...
Deputy Director Stephen Cross to Retire from FHFA
Washington, DC - December 12, 2012 - (RealEstateRama) -- Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced that Stephen Cross, FHFA’s Deputy Director of the Division of Federal Home Loan Bank Regulation, will retire from the Agency in March, 2013. An important part of FHFA’s leadership team since the Agency was created, Cross has served in the position since October 2008. In addition to leading FHFA’s program for regulating and supervising the Federal Home Loan Banks, Cross also served as the acting Chief Operating Officer from September 2009 to December 2011.
VA Also Announces $300 Million to Expand Homeless Prevention Program
WASHINGTON, DC - December 11, 2012 - (RealEstateRama) -- The Departments of Veterans Affairs and Housing and Urban Development (HUD) today announced that a new national report shows that homelessness among Veterans has been reduced by approximately 7 percent between January 2011 and January 2012. The decline keeps the Obama Administration on track to meet the goal of ending Veteran homelessness in 2015.
NeighborWorks America Announces that the National Foreclosure Mitigation Counseling Program Has Served 1.5 Million...
Washington, DC - December 11, 2012 - (RealEstateRama) -- 1.5 million homeowners have received foreclosure prevention counseling by local nonprofits, national intermediaries and state housing finance agencies participating in the National Foreclosure Mitigation Counseling (NFMC) program administered by NeighborWorks America, one of the nation’s largest community development corporations. The latest report on the NFMC program also found the program has helped save local governments, lenders, and homeowners approximately $920 million.
OBAMA ADMINISTRATION RELEASES NOVEMBER HOUSING SCORECARD
WASHINGTON, DC - December 10, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the November edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data continue to show signs that the housing market is strengthening – as home values continue to rise and home sales remained strong in October. The full Housing Scorecard is available online at www.hud.gov/scorecard.
State Housing Agency Announces Two Rounds of Counseling Funding to Protect Homeowners
CHICAGO, IL - December 5, 2012 - (RealEstateRama) -- To continue Governor Pat Quinn’s commitment to make FREE foreclosure prevention and homeownership counseling available across the state, the Illinois Housing Development Authority (IHDA) today anno...
HUD, HOUSTON HOUSING AUTHORITY SETTLE DISCRIMINATION COMPLAINT INVOLVING DEAF RESIDENT
FORT WORTH - December 5, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached an agreement with the Houston Housing Authority. The agreement settles allegations that the housing authority initially refused a Deaf resident’s requests to have a sign language interpreter present at a hearing to determine her eligibility to remain in HUD’s Housing Choice Voucher (HCV) program.
HUD ANNOUNCES PRELIMINARY RESULTS OF NOTE SALES UNDER EXPANDED DISTRESSED ASSET STABILIZATION PROGRAM
WASHINGTON, DC - December 4, 2012 - (RealEstateRama) -- As part of a broad based effort to address the housing market’s “shadow inventory” and to target relief to communities experiencing high foreclosure activity, the U.S. Department of Housing and Urban Development (HUD) today announced preliminary results from the first loan sale under its expanded Distressed Asset Stabilization Program (DASP). HUD’s next scheduled sale, which will take place late in the first quarter of 2013, will include approximately 10,000-15,000 loans, and will have targeted Neighborhood Stabilization Outcome (NSO) pools located in select metropolitan areas in Georgia, California, Florida, and Ohio.
HARP Enhancements Continue to Bolster Program
Washington, D.C. - November 29, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today released its September Refinance Report, which shows that Fannie Mae and Freddie Mac loans refinanced through the Home Affordable Refinance Program (HARP) accounted for nearly one-quarter of all refinances in the third quarter of 2012. More than 90,000 homeowners refinanced their mortgage in September through HARP with more than 709,000 loans refinanced since the beginning of this year. The continued high volume of HARP refinances is attributed to record-low mortgage rates and program enhancements announced last year.
Attorney General Kamala D. Harris Announces Homeowner Assistance Grant Program
SAN FRANCISCO, CA - November 22, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced a $10.4 million grant program for organizations that provide housing counseling and legal services to homeowners. The grant funds were secure...