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RISMEDIA, Nov. 8, 2007-In the midst of the foreclosure crisis striking the nation, Illinois homeowners received some good news; Governor Rod Blagojevich has delivered a state law to help protect consumers from losing their homes. ...
RISMEDIA, Nov. 7, 2007-The following statement was issued by the National Urban League (NUL) in response to a preliminary injunction by the Unites States District Court for the District of Columbia barring the U.S. Department of Housing and Urban Development (HUD) from enforcing the "Standards for Mortgagor's Investment in Mortgaged ...
Judge orders a halt to HUD's anti-homeownership rule ...
RISMEDIA, Nov. 5, 2007-As more families displaced by the wildfires in Southern California look for transitional housing, the U.S. Department of Housing and Urban Development is expanding its list of available rental housing and strongly encouraging multifamily property owners and landlords to include their unoccupied housing units in HUD's National ...
By Robert Schroeder, MarketWatch ...
RISMEDIA, Oct. 16, 2007-The Antitrust Division of the Department of Justice launched a new Web site last week to educate consumers and policymakers about the potential benefits that competition can bring to consumers of real estate brokerage services and the barriers that inhibit that competition. Among its features, the Web ...
By Robert Schroeder, MarketWatch ...
RISMEDIA, Oct. 8, 2007-Approximately 700,000 families will have a greater opportunity to find housing or keep the homes they have because of more than $44 million in housing counseling and counseling training grants announced by Housing and Urban Development Secretary Alphonso Jackson. ...
RISMEDIA, Oct. 5, 2007-Speaker Nancy Pelosi was joined by Senate Majority Leader Harry Reid and other House and Senate Democratic leaders at a news conference this morning in the Capitol to offer a plan to stem the rising tide of home foreclosures created by the subprime mortgage market crisis. Below ...
RISMEDIA, Oct. 2, 2007-(MCT)-When the Federal Reserve lowered interest rates this month, critics complained that Fed Chairman Ben Bernanke was bailing out homeowners who should never have taken out all those wacky no-down-payment, no-documentation, no-fixed-rate mortgage loans. ...
RISMEDIA, Sept. 24, 2007-In this month that marks the sixth anniversary of the September 11 terrorist attacks, the National Association of REALTORS® commends the U.S. House of Representatives for reauthorizing the federal government's terrorism risk insurance program. Last week's vote will help maintain a strong commercial real estate market and ...
RISMEDIA, Sept. 13, 2007-After the President announced his plan to help struggling homeowners, several news organizations took to print:The Washington Post: "The president's proposal appropriately focuses government resources where they are likely to do the most good: on subprime borrowers who are behind on their payments but have the means ...
RISMEDIA, September 3, 2007-U.S. Housing and Urban Development (HUD) Secretary Alphonso Jackson and the People's Republic of China Construction Minister Wang Guangtao signed a Memorandum of Cooperation (MOC) that renews the two nations commitment to work together to improve and expand affordable housing opportunities."Through cooperative actions and a sharing of ...
RISMEDIA, August 17, 2007—The United States Conference of Mayors, under the leadership of Conference President Trenton Mayor Douglas H. Palmer, is calling on the Federal Reserve Board to use its authority under the Home Ownership and Equity Protection Act (HOEPA) to protect homeowners from abusive practices which often result in ...
