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OAKLAND - February 12, 2013 - (RealEstateRama) -- Governor Edmund G. Brown Jr. will join Bank of America CEO Brian Moynihan to speak at the “Summit Meeting on the Future of Housing in California,” presented by the Fisher Center for Real Estate and Urban Economics at the UC Berkeley Haas School of Business on Tuesday

LOS ANGELES, CA - February 8, 2013 - (RealEstateRama) -- A former inspector with the Los Angeles Department of Building and Safety (LADBS) has been named in a federal bribery case that alleges he took more than $30,000 in bribes in relation to at least a dozen properties in and around the Koreatown District of Los Angeles

SAN FRANCISCO, CA - February 7, 2013 - (RealEstateRama) -- Insurance Commissioner Dave Jones today announced an average of 8.5 percent insurance rate reduction for San Francisco area homeowners insured with State Farm General Insurance Company. The reduction will result in an average annual savings of $100 for homeowners statewide.

Washington, DC - February 7, 2013 - (RealEstateRama) -- Today, the House Financial Services Committee convened a hearing about the role of the Federal Housing Administration (FHA) in the mortgage insurance market.

Washington, DC - February 6, 2013 - (RealEstateRama) -- Congresswoman Maxine Waters, ranking member of the House Financial Services Committee, today sent the attached letter to Jeb Hensarling, chairman of the committee, requesting that he hold a hearing about the abrupt end of the Independent Foreclosure Review (IFR) process

WASHINGTON, DC - February 5, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

SACRAMENTO, CA - February 1, 2013 - (RealEstateRama) -- Insurance Commissioner Dave Jones announced today a 35 percent rate reduction for lender-placed (also called force-placed) homeowner insurance coverage offered by QBE Insurance Corporation. The rate reduction will result in an estimated $19.4 million savings to QBE policyholders, with an average savings of $626 per policyholder annually.

SAN FRANCISCO, CA - February 1, 2013 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) recognized Olinda Alpha Landfill for generating renewable energy from a local source while protecting the climate, providing energy savings and strengthening the economy

Los Angeles, CA - January 30, 2013 - (RealEstateRama) -- Los Angeles County property owners will now be able to protest the Clean Water, Clean Beaches Measure online, thanks to a motion by Supervisor Don Knabe that was unanimously approved at yesterday’s Board of Supervisors meeting.

BEALE AIR FORCE BASE, CA - January 30, 2013 - (RealEstateRama) -- Yesterday, Congressman John Garamendi (D-Fairfield, CA), a Member of the House Armed Services Committee, inspected the damage at Beale Air Force Base’s 9th Civil Engineer Squadron building before attending a briefing with senior base personnel.

SAN FRANCISCO, CA - January 30, 2013 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is pleased to announce the appointment of Donald Falk to its Affordable Housing Advisory Council (AHAC). The Bank’s 15-member AHAC provides expert guidance on affordable housing and economic development issues and helps shape the Bank’s community investment grant programs and credit products.

LOS ANGELES, CA - January 24, 2013 - (RealEstateRama) -- Seasonal factors, combined with low housing inventory, particularly a lack of real estate-owned homes (REOs), drove California pending home sales lower in December, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. However, the share of distressed properties increased in December, as lenders pushed to close short sales and move them off their balance sheets.

SACRAMENTO, CA - January 23, 2012 - (RealEstateRama) -- After a 10-day trial, a federal jury found Hoda Samuel, 60, of Elk Grove, guilty of a conspiracy to commit mortgage fraud and of 30 individual counts of mail fraud.

January 18, 2012 - (RealEstateRama) -- The City of Long Beach Department of Health and Human Services (Health Department) conducts the count, which is required by the U.S. Department of Housing and Urban Development (HUD). This count defines the scope of homelessness, both in the community and across the nation, and helps to determine existing resources, identify gaps, and highlight progress toward ending homelessness.

January 17, 2012 - (RealEstateRama) -- Today, in response to the Consumer Financial Protection Bureau’s (CFPB) release of National Mortgage Servicing rules, the California Reinvestment Coalition’s Associate Director Kevin Stein released this statement

January 17, 2012 - (RealEstateRama) -- Earlier this week, Raul Bocanegra (R-Pacoima) introduced a measure that will save CBIA's members millions of dollars and ensure projects critical to the state's housing and economic recovery move forward.

January 11, 2012 - (RealEstateRama) --Today Mayor Edwin M. Lee and Supervisor Malia Cohen celebrated the completion of Phase One of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part of the City’s HOPE SF initiative, and welcomed 25 San Francisco families (14 former Hunters View public housing families and 11 new families) to their new homes in one of the most ambitious, nationally-recognized public housing revitalization initiatives

SANTA ANA, CA - January 11, 2012 - (RealEstateRama) -- Federal authorities have arrested five people allegedly involved in a “builder bailout” real estate scheme that fraudulently purchased more than 100 condominium units around the country with mortgages that mostly went into default, resulting in foreclosures and millions of dollars in losses

LOS ANGELES, CA - January 08, 2012 - (RealEstateRama) -- In an effort to conform state law to a federal law passed last week that extended mortgage debt forgiveness, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is sponsoring Senate Bill 30, so that California homeowners on the brink of foreclosure can get much-needed debt relief.

LOS ANGELES, DC - January 02, 2012 - (RealEstateRama) -- Seasonal factors sent California pending home sales lower in November, while equity home sales continued their upward trend, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.