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WASHINGTON, D.C. - July 30, 2012 - (RealEstateRama) -- The Justice Department today announced an agreement with a California municipality and a homeowners’ association to resolve allegations of discrimination on the basis of familial status in violation of the Fair Housing Act. The settlement, in the form of a consent order, must be approved by the U.S. District Court for the Northern District of California

LOS ANGELES, CA - July 25, 2012 - (RealEstateRama) -- A continued lack of housing inventory and slowing economy sent California pending home sales lower in June, but pending sales were still higher than the previous year for the fourteenth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - July 25, 2012 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced defendants who ran a national loan modification scam were ordered to pay more than $4 million in penalties and restitution, including $2 million to consumers who were falsely promised modifications of their mortgage loans

Washington, DC - July 23, 2012 - (RealEstateRama) -- Click here for entire Capitol Connection Newsletter During Federal Reserve Chairman Ben Bernanke’s appearance before the House Financial Services Committee on Wednesday, Congressman Miller expressed his serious concerns about the Federal Housing Finance Agency’s (FHFA) pilot program to sell Fannie Mae-owned foreclosed properties in California in bulk.

Washington, D.C. - July 20, 2012 - (RealEstateRama) -- Congressman Jerry McNerney (D-Stockton) introduced the Fast Help For Homeowners (FHFH) Act, H.R. 6153, to help speed up the short sale process, a necessary step to addressing the housing crisis. McNerney’s bill was met with broad bipartisan support and industry endorsements

LOS ANGELES, CA - July 20, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is supporting and urging the swift passage of The Fast Help For Homeowners (FHFH) Act, a short sale bill that will require subordinate lien holders to respond to short sale offers within 45 days. The FHFH Act was introduced today by Congressman Jerry McNerney (D-Stockton)

WASHINGTON, D.C. - July 20, 2012 - (RealEstateRama) -- Construction employment increased in just half the states plus the District of Columbia from June 2011 to June 2012, but declined in a slim majority of states in the past month, according to an analysis of Labor Department data by the Associated General Contractors of America.

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.