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Federal Reverse Mortgage Program Results in Widows Losing Their Homes After Death of Spouse

New information from the U.S. Department of Housing and Urban Development demonstrates that widows and widowers are being kicked to the curb after the death of a spouse, due to insufficient guidelines, servicer discretion, and uneven implementation of a program that was supposed to keep widowed Non-Borrowing Spouses in their homes. Better guidelines are needed to make this program accessible to all Non-Borrowing Spouses and enable them to remain in their homes.

Hanley Investment Group Completes Sale of Lancaster Triangle in Los Angeles County for $5.75...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the sale of Lancaster Triangle, a 35,569-square-foot multi-tenant shopping center in Lancaster, California.

REP. THOMPSON STATEMENT ON INCLUSION OF CONTROVERSIAL CALIFORNIA WATER PROVISION IN THE WATER INFRASTRUCTURE...

U.S. Rep. Mike Thompson (CA-05) released the following statement today in response to the inclusion of a controversial California water provision in the Water Infrastructure Improvements for the Nation Act (WIIN)

DEKEL CAPITAL ARRANGES $13 MILLION NON-RECOURSE BRIDGE FINANCING FOR DTLA PARKING STRUCTURE

Dekel Capital, a Los Angeles-based real estate merchant bank that specializes in sourcing and placing equity and debt for active middle market and large-scale commercial real estate developers and investors, has arranged a $13 million non-recourse bridge loan on a 14-level, Class-A parking structure in Downtown Los Angeles

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

Real Estate Investor Sentenced to 30 Months in Prison for Rigging...

A real estate investor was sentenced today for his role in conspiracies to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced. Michael Marr was charged on Nov. 19, 2014, in an indictment returned by a federal grand jury in the Northern District of California.