Yearly Archives: 2012

Washington, DC - July 19, 2012 - (RealEstateRama) -- Congresswoman Linda Sánchez (CA-39) today announced that the Department of Veterans Affairs (VA) is awarding a total of $1.95 million to two local non-profit organizations to help more than 700 at-risk veterans and their families. The VA is awarding $1 million to the Salvation Army of California and $950,000 to People Assisting the Homeless (PATH) through a federal program to prevent and end veteran homelessness. Both organizations serve the 39^th Congressional District.

WASHINGTON, DC - July 19, 2012 - (RealEstateRama) -- Congresswoman Laura Richardson announced that the Department of Veterans Affairs (VA) awarded more than $2.3 million in homeless prevention grants to non-profit community agencies in Long Beach and Los Angeles as part of its expanding Supportive Services for Veteran Families (SSVF) program.

Washington, D.C. - July 18, 2012 - (RealEstateRama) -- Reps. Zoe Lofgren (D-San Jose), Anna G. Eshoo (D-Palo Alto) and Mike Honda (D-Campbell) announced today that Goodwill Industries of Santa Clara County, Inc., has been awarded a $419,948.00 grant from the Department of Veterans Affairs (VA) for housing programs assisting homeless veterans. The grant, which will help support fifty-two participating households, is part of the Supportive Services for Veterans Families (SSVF) program improving housing stability for very low-income veterans and their families

WASHINGTON, D.C. - July 18, 2012 - (RealEstateRama) -- Rep. Anna G. Eshoo (D-Palo Alto) announced today that Goodwill Industries in Santa Clara County and Shelter Network of San Mateo County together were awarded $1.2 million in funding from the Department of Veterans Affairs (VA) for housing programs assisting homeless veterans. The grants were awarded under the VA's Supportive Services for Veterans Families program.

San Pedro, CA - July 18, 2012 - (RealEstateRama) -- This morning, Congresswoman Janice Hahn announced $1.95 million in grants to local organizations fighting to prevent homelessness among our veterans. The Department of Veterans Affairs grants were made as part of their Supportive Services for Veteran Families (SSVF) Program. The People Assisting the Homeless (PATH) and the Salvation Army received renewal grants to continue their programs that serve more than 700 households throughout Los Angeles.

LOS ANGELES, CA - July 17, 2012 - (RealEstateRama) -- California’s housing market continued to show signs of improvement in June, as home sales experienced solid gains annually and home prices reached their highest level since August 2010, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Long Beach, CA - July 16, 2012 - (RealEstateRama) -- Congresswoman Laura Richardson announced that the Salvation Army has been awarded a $300,000 grant...

WASHINGTON, DC - July 16, 2012 - (RealEstateRama) -- On Saturday July 21st, Congressman Dennis Cardoza (D-Merced), the California Partnership for San Joaquin Valley, and the San Joaquin Valley Housing Collaborative will be hosting a free foreclosure and recovery workshop where current and former homeowners can receive valuable advice and counseling from experts.

Washington, D.C. - July 16, 2012 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement after California Governor Jerry Brown, joined by Attorney General Kamala Harris, signed the California Homeowner Bill of Rights into law today in Los Angeles.

July 13, 2012 - (RealEstateRama) -- United States Attorney Laura E. Duffy and Federal Housing Finance Agency Inspector General Steve A. Linick announced that fugitive loan broker Mary Armstrong was arrested today in Las Vegas, Nevada. The indictment, which was returned on May 10, 2012, and unsealed today, charges Armstrong, an unlicenced mortgage loan broker, Ramona real estate agent Teresa Rose, and Armstrong’s assistant William Fountain with devising and executing a mortgage loan origination fraud and kickback scheme

LOS ANGELES, CA - July 13, 2012 - (RealEstateRama) -- A San Fernando Valley real estate agent and self-described real estate investor charged with running a million dollar-plus Ponzi scheme out of companies based in the Santa Clarita Valley has been arrested on federal wire fraud and mail fraud charges

LOS ANGELES, CA - July 12, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris announced that the Homeowner Bill of Rights, which will protect homeowners and borrowers during the mortgage and foreclosure process, was signed into law today by Governor Edmund G. Brown Jr.

RIVERSIDE, CA - July 10, 2012 - (RealEstateRama) -- Today, Gregory Flores, former manager at All Fund Mortgage in Anaheim Hills, was sentenced to 144 months’ imprisonment and three years of supervised release. U.S. District Judge J. Virginia Phillips also ordered Gregory Flores to pay over $1 million in restitution to homeowner victims and over $98,000 in restitution to the IRS for his role in a mortgage fraud conspiracy and for evading taxes.

LOS ANGELES, CA - July 6, 2012 - (RealEstateRama) -- A real estate developer who formerly resided in Atascadero was indicted today on federal fraud and money laundering charges that accuse him of bilking investors who put money into Central Coast real estate projects—money that was siphoned off for other purposes, including maintaining a lavish lifestyle.

SACRAMENTO, CA - July 4, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced that the non-conference committee components of the California Homeowner Bill of Rights have passed out of legislative committees.

SACRAMENTO, CA - July 3, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris announced the California Homeowner Bill of Rights is one step closer to becoming law after key provisions passed the California Legislature today. The bills, which provide first of their kind protections for homeowners and reforms to the mortgage and foreclosure process, will now be sent to the desk of Governor Jerry Brown for consideration. The bills were approved 53 to 25 in the Assembly and 25 to 13 in the Senate.

WASHINGTON, D.C. - July 3, 2012 - (RealEstateRama) -- Both houses of the California Legislature today approved the Foreclosure Reduction Act, a bill designed to reduce unnecessary foreclosures in the state. The bill is the centerpiece legislation of Attorney General Kamala Harris' Homeowner Bill of Rights.

EUGENE, OR - July 2, 2012 - (RealEstateRama) -- IDX, Inc. welcomes Silva Mirzoian, the latest real estate agent or broker to adopt IDX Broker software for their professional website. Mirzoian can easily maintain her website and customize the search capabilities on her website, thanks to her IDX solution. California Real Estate Technology Services MLS (CARETS) listings are now easier than ever to search through, on the search page Mirzoian hosts. She can supply home seekers with a dynamic and thorough property search experience, all from the convenience and ease of her own website.

INLAND EMPIRE, CA - June 29, 2012 - (RealEstateRama) -- Frank Geraci, Walt Chenoweth, Juan Gutierrez and Patrick Wood of Voit Real Estate Services’ Inland Empire office have completed a 24-month, 497,714 square-foot industrial lease renewal in Redlands, Calif. on behalf of the lessee, Continental Tire North America.

INLAND EMPIRE, CA - June 29, 2012 - (RealEstateRama) -- Frank Geraci, Walt Chenoweth, Juan Gutierrez and Patrick Wood of Voit Real Estate Services’ Inland Empire office have completed a 24-month, 497,714 square-foot industrial lease renewal in Redlands, Calif. on behalf of the lessee, Continental Tire North America