Monthly Archives: May 2013

NEW YORK, N.Y. - May 10, 2013 - (RealEstateRama) -- Mayor Bloomberg’s homeless policies have failed both the homeless and the communities asked to accept homeless shelters, according to policy papers released this week by the office of Comptroller John C. Liu.

EUGENE, OR - May 10, 2013 - (RealEstateRama) -- IDX, Inc. announces today that Barry Salottolo, of Heckt Titan Connecticut in New York, New York has adopted IDX Broker software for his professional website. Salottolo now hosts five unique search functions and thousands of area listings conveniently on his website, offering potential buyers a thorough and comprehensive database of property listings. Consolidated MLS (CMLS) homes can now be effortlessly displayed online, making the New York property search all the more simple. By utilizing the IDX enabled website Salottolo hosts, home seekers can experience a dynamic and innovative search function and a fruitful property search, without ever leaving the website of Salottolo.

NEW YORK, NY - May 9, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today published anop-ed in the New York Daily Newsurging President Obama to appoint a new acting director of the Federal Housing Finance Agency to replace current Acting Director Edward DeMarco, whose policies have stifled the delivery of relief to thousands of Americans facing foreclosure. The op-ed notes that, while the President awaits the confirmation hearings of his nominee for FHFA Director, he can replace Acting Director DeMarco with a deputy director. The following are excerpts of the article

NEW YORK, NY - May 9, 2013 - (RealEstateRama) -- People whose property was damaged or destroyed in Super Storm Sandy and are rebuilding can get advice from a FEMA specialist. Hazard Mitigation specialists who are knowledgeable in cleanup and building safer and smarter to avoid future losses will be dispensing guidance free of charge, compliments of FEMA.

New York, NY - May 9, 2013 - (RealEstateRama) -- Federal District Court Judge Richard M. Berman today issued a decision and order approving a new five-year collective bargaining agreement (CBA) that provides a 16.6% wage and benefit increase for members over the life of the contract. Following the April ratification of the agreement by the District Council’s Delegate Body, Judge Berman’s consent was the last step needed before the contract could go into effect.

NEW YORK, NY - May 7, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement. Signed in 2012, the Settlement required the five largest mortgage servicing banks in the United States to improve their customer service practices by complying with new mortgage servicing rules, known as the Servicing Standards. Among these are four standards dictating the timeline for banks to process mortgage modification applications. Attorney General Schneiderman’s office has documented 339 violations of those standards by Wells Fargo and Bank of America since October 2012

New York, NY - May 7, 2013 - (RealEstateRama) -- The New York State Senate today passed bills that would continue to promote the construction of environmentally-friendly buildings and the cost-saving benefits of net metering for utility bills. Both bills are sponsored by Senator George D. Maziarz (R-C, Newfane), and would help reduce the consumption of limited natural resources, promote the use of renewable energy, and lower energy costs

Albany, NY - May 7, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced $91 million in awards for shovel-ready projects to build affordable housing across the state. The low-interest loans and tax credits will build and preserve 2,060 units of affordable housing and are expected to leverage more than $485 million in grants, loans and private resources.

NEW YORK, NY - May 7, 2013 - (RealEstateRama) -- The Federal Emergency Management Agency and the U.S. Small Business Administration have approved $7 billion in direct assistance to homeowners, renters, businesses, government agencies and nonprofits that were affected by Hurricane Sandy.

rooklyn, NY - May 3, 2013 - (RealEstateRama) -- The NYC Department of Housing Preservation and Development (HPD), New York State Homes and Community Renewal (HCR), NYC Housing Development Corporation (HDC), joined The Hudson Companies, and CAMBA/CAMBA Housing Ventures today to celebrate the groundbreaking of the next phase of the energy- efficient, mixed-use, affordable housing Gateway Elton Street development in the Spring Creek section of Brooklyn. The new buildings will be located at 516 and 524 Vandalia Avenue, and 526 Schroeders Avenue.

New York, NY - May 3, 2013 - (RealEstateRama) -- Today, at the Chautauqua County Veterans Services Office, U.S. Senator Charles E. Schumer launched a two-pronged plan to help ensure that veterans returning home to Chautauqua County from Iraq and Afghanistan are receiving critical benefits that will allow them to afford a home and live stable civilian lives. Schumer highlighted data that shows that more than 7,000 of the roughly 14,000 veterans in Chautauqua have not applied for the property tax benefit for veterans that is available to them and worth hundreds of dollars a year, and a disconnect in communication between the Department of Veterans Affairs (VA) and localities that administer federal and state benefits are to blame.

Albany, NY - May 2, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that Fannie Mae and Freddie Mac - in response to a request from the Cuomo Administration - are unveiling a new mortgage relief program to protect victims of Superstorm Sandy from large spikes in their mortgage payments

NEW YORK, NY - May 1, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today applauded President Obama for nominating Mel Watt as the permanent head of Federal Housing and Finance Agency (FHFA), the agency that oversees Fannie Mae and Freddie Mac, but called on him to take immediate action to replace acting FHFA Director Edward DeMarco with a new acting director who will allow principal relief for struggling homeowners