Yearly Archives: 2010

EUGENE, OR - October 6, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Sharon Gavin has adopted a highly adaptable and customizable IDX solution for her real estate website. Gavin, a Los Angeles, California area real estate agent, has updated her professional website with a dynamic technology. The IDX Broker software now enabled on her search page pulls listing data directly from properties on the California Real Estate Technology Services (CARETS) database and displays the information on her search page. Whereas the online property search used to slowly deliver one home at a time to home seekers, the website Gavin supports brings thousands of homes to the fingertips of potential buyers instantly

Washington, D.C. - October 6, 2010 - (RealEstateRama) -- Rep. Lynn Woolsey, D-Petaluma, and 30 other members of the California Democratic Congressional Delegation sent a letter Tuesday to the Attorney General, Federal Reserve Chairman, and the Comptroller of the Currency requesting investigations into possible systemic wrongdoing by financial institutions in their handling of delinquent mortgages, mortgage modifications, and foreclosures.

Washington, DC - October 6, 2010 - (RealEstateRama) -- Today, Congresswoman Lucille Roybal-Allard joined 30 other Members of the California Democratic Congressional Delegation in sending a letter to Attorney General Holder, Federal Reserve Chair Bernanke, and Comptroller of the Currency Dugan requesting investigations into systemic wrongdoing by financial institutions in their handling of delinquent mortgages, mortgage modifications, and foreclosures.

One hundred new apartment homes for low- income seniors coming to Wilmington Community. October 5, 2010 - (RealEstateRama) -- Mayor Antonio Villaraigosa today celebrated the groundbreaking of the Dana Strand Senior Apartments, a renovated 100 unit complex that will open in 2011

San Francisco, CA - October 4, 2010 - (RealEstateRama) -- Interactive Media Awards has announced that Zephyr Real Estate is a recipient of the 2010 Outstanding Achievement award for its new website. In worldwide competition with more than 60 other related industry websites, Zephyr scored 471 of a possible 500. Website scores are based on five criteria: design, content, feature functionality, usability, and standards compliance and cross-browser compatibility.

LOS ANGELES, CA - October 4, 2010 - (RealEstateRama) -- A weaker-than-expected economic recovery will result in a projected decline in California home sales for 2010, although home sales are expected to edge up slightly in 2011, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) “2011 California Housing Market Forecast” released today

LOS ANGELES, CA - October 4, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. has demanded that JP Morgan Chase prove immediately that it is complying with state law or, if it cannot, halt foreclosing on California homes.

October 1, 2010 - (RealEstateRama) -- Mayor Antonio Villaraigosa today celebrated the groundbreaking of Glenoaks Gardens- a permanent supportive housing development in Sun Valley.

LOS ANGELES, CA - October 1, 2010 - (RealEstateRama) -- The U.S. Congress late yesterday passed a continuing resolution that included a provision extending through fiscal year 2011 the current conforming loan limit of $729,750 for high-cost areas, including many in California. The same limits will also be extended to loans insured by the Federal Housing Administration. President Obama is expected to sign the resolution today, which is a short-term funding bill that will prevent a government shutdown in the absence of a budget

LOS ANGELES, CA - October 1, 2010 - (RealEstateRama) -- A federal grand jury has indicted a Downey man on a series of fraud charges for allegedly running two related fraud schemes—a Ponzi scheme that took more than $11 million from more than 300 victims, and a mortgage fraud scheme that preyed on homeowners by stealing the equity from their homes and secretly taking title to their properties.

LOS ANGELES, CA - October 1, 2010 - (RealEstateRama) -- Representatives of the Financial Fraud Enforcement Task Force met in Los Angeles today for the latest in a series of Mortgage Fraud Summits. The task force—established by President Barack Obama in November 2009 to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes—is comprised of representatives from a broad range of federal agencies, regulatory authorities, inspectors general, and state and local law enforcement agencies.

Los Angeles, CA - October 1, 2010 - (RealEstateRama) -- Councilmember Alarcon will attend to help kick-off the event. Additional organizations supporting the fair include Los Angeles Neighborhood Housing Services (LA NHS), City of Los Angeles, FDIC, Keep Your Home Foundation, Bet Tzedek, Legal Aid Foundation-Los Angeles and Public Counsel. The CALIFORNIA ASSOCIATION OF REALTORS(r) is working in conjunction with the partnership as well

Los Angeles, CA - October 1, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced that Mitch Harris has been appointed Director of Critical Environments within the company’s Global Facilities Management Group and head of the Technology Practice Group in the Americas.

Downtown Los Angeles, CA - September 30, 2010 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard joins community leaders in welcoming U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan to the site of the New Genesis apartment project on Main Street.

Washington, DC - September 30, 2010 - (RealEstateRama) -- Today, Rep. Gary Miller introduced H.R. 6256, the Strengthening FHA Through Shared Equity Homeownership Act of 2010. This legislation would establish a shared equity homeownership pilot program through the Federal Housing Administration to lessen the risk of homeownership and decrease FHA’s vulnerability to fluctuations in the housing market.

Washington, DC - September 30, 2010 - (RealEstateRama) -- Today, Congressman Joe Baca (D-Rialto) introduced legislation to assist struggling homeowners seeking loan modifications through the often complex Home Affordable Modification Program (HAMP). The Office of the Homeowner Advocate Act of 2010 creates an independent office to assist homeowners, housing counselors, and attorneys in resolving problems with HAMP, and give homeowners a greater level of control over the loan modification application process.

EUGENE, OR - September 30, 2010 - (RealEstateRama) -- Dream Homes by Jodi just became one of the easiest places to search for real estate online, thanks to Jodi Marfia and her adoption of a custom IDX solution. The IDX, Inc. premier IDX Broker software syncs thousands of MAX/East Bay Regional Data MLS (MAX/EBRD) listings right to the website of Marfia. This incredible addition gives East Bay Area home seekers the opportunity to scan all area listings at once, from the convenience of one page. Marfia has truly revolutionized the way potential buyers search for California homes online

Washington, DC - September 29, 2010 - (RealEstateRama) -- Last night, the House of Representatives voted to unanimously approve legislation introduced by Rep. Brad Miller (D-NC) and co-sponsored by Rep. Joe Baca (D-Rialto) designed to promote job growth in the home construction industry. H.R. 6191 modifies the Small Business Jobs and Credit Act of 2010 to allow healthy lending institutions to extend credit for residential construction and land development to U.S. homebuilders.

FRESNO, CA - September 29, 2010 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner and Stanislaus County District Attorney Birgit Fladager announced that yesterday a federal grand jury returned an indictment charging James Lee Lankford, 71, of Modesto, with 49 counts of mail fraud, and Jon Vance McDade, 46, also of Modesto, with 49 counts of mail fraud and one count of bank fraud

San Francisco, CA. - September 27, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the arrival of partner Allan E. Low. A resident in the firm’s San Francisco office, Mr. Low will be a member of the real estate practice group focused on real estate finance, transactions and real estate development projects. He joins Nixon Peabody from Luce Forward in San Francisco