ALBANY, NY - November 19, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Patricia J. Haynes, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division (New York Field Office), John F. Pikus, Special Agent in Charge, Albany Division of the Federal Bureau of Investigation, and Robert Bethel, Inspector in Charge, United States Postal Inspection Service, announce that KEVIN M. O’CONNELL, age 35, of Albany,

Albany, NY - November 16, 2009 - (RealEstateRama) -- Assembly Speaker Sheldon Silver, Judiciary Committee Chair Helene Weinstein, Banks Committee Chair Darryl Towns and Housing Committee Chair Vito Lopez today announced the passage of a measure that strengthens current foreclosure law to protect homeowners and tenants

Hampton Bays, NY - November 13, 2009 - (RealEstateRama) -- Today, Congressman Tim Bishop was joined by first time homebuyers and a local realtor and contractor to demonstrate the how the $8000 first-time homebuyer tax credit is helping turn around Long Island’s economy.

Johnson City, NY - November 11, 2009 - (RealEstateRama) -- As part of his ongoing effort to strengthen the housing market and the overall economy in the Southern Tier, Congressman Maurice Hinchey (D-NY) today held a roundtable discussion with members of the Greater Binghamton Association of Realtors to discuss legislation he recently helped the House pass that extends the $8,000 federal tax credit for first-time homebuyers through April 30, 2009 and creates a new $6,500 federal tax credit for non-first-time homebuyers who have been in their current residence at least five years.

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. (MLSLI) released the October 2009 housing statistics for Long Island that reported a $360,200 closed median home price for Nassau, Suffolk and Queens County.

Washington, DC - November 5, 2009 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today helped the House pass a bill to provide stability to American families hit hardest by the recession and to stimulate the local economy by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses.

NEW YORK, NY - November 2, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that Stone Ridge Estates at Dix Hills Home Owners Association, which oversees seventy-six condominium units located in Dix Hills, New York, has entered into an agreement with his office to guarantee that its bylaws do not discriminate against residents because of their religion.

Melville, NY - November 2, 2009 - (RealEstateRama) -- MarcumRosenfarb LLC, part of the Marcum Group, announced that Raymond Ghelardi, ASA, joined the firm’s forensic and valuation services group as Director of Business Valuation. Ghelardi will focus on growing Marcum’s corporate valuations, intangible asset valuations and financial reporting services.

Washington, DC - October 29, 2009 - (RealEstateRama) -- With new reports that hundreds of thousands are illegally taking advantage of a tax credit to help get first-time homebuyers into the housing market without actually purchasing a home, U.S. Senator Kirsten Gillibrand today co-sponsored legislation that would crack down on fraud and improve oversight of the first-time homebuyer tax credit.

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.

Brooklyn, NY - October 20, 2009 - (RealEstateRama) -- A civil complaint was filed today in federal court in Central Islip against Ideal Mortgage Bankers, Ltd. d/b/a/ Lend America, a mortgage lender located in Melville, Long Island, seeking a court-ordered injunction to prevent the company from making loans insured by the Federal Housing Administration (“FHA”). The complaint also seeks relief against Lend America’s Executive Vice President and Chief Business Strategist, Michael Ashley. The case has been assigned to United States District Judge Joseph F. Bianco.

ROCHESTER, NY - October 15, 2009 - (RealEstateRama) -- U.S. Attorney Kathleen M. Mehltretter of the Western District of New York announced that six individuals located in the New York City area were charged yesterday in a criminal complaint with defrauding Flaherty Funding

New York, NY - October 7, 2009 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, ANDREW CUOMO, the Attorney General of the State of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"), RICHARD H. NEIMAN, the Superintendent of Banks for New York State, BRIAN G. PARR, the Special Agent-in-Charge of the New York Field Office of the United States Secret Service ("USSS"), and RONALD J. VERROCHIO, the Inspector-in-Charge of the New York Division of the United States Postal Inspection Service ("USPIS"), announced today the unsealing of a seven-count Indictment charging 12 individuals—including mortgage brokers, loan officers, and attorneys—with engaging in a scheme to defraud various lending institutions by using fictitious identities and documents to obtain more than $9 million in residential mortgages. All 12 defendants were arrested this morning and are expected to be presented in federal court later today.

NEW YORK, NY - October 8, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo and Southern District of New York United States Attorney Preet Bharara today announced the takedown of a mortgage fraud ring that illegally obtained $9 million in loans for phantom home buyers.

Staten Island, NY - September 28, 2009 - (RealEstateRama) -- Rep. Michael E. McMahon wants to extend the $8,000 first-time homebuyers tax credit which will expire by the end of November.

BROOKLYN, NY - September 23, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal Fair Housing Act civil complaint against Emanuil Uvaydov and Vyacheslav Uvaydov, brothers and joint owners of a house in Fresh Meadows, New York.

Washington, DC - September 24, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand co-sponsored legislation today that would extend the $8,000 tax credit for first-time homebuyers for another six months.

Rochester, NY - September 18, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand today unveiled a new effort to provide property tax relief to thousands of middle-class families in the Rochester/Finger Lakes Region.

Albany, NY - September 15, 2009 - (RealEstateRama) -- The Office of the United States Attorney for the District of Vermont stated that Benjamin Osmanson, 30, of California and Sarita, Texas, pleaded guilty yesterday to three counts of conspiracy, wire fraud, and money laundering related to his scheme to defraud mortgage lenders by submitting false loan applications in the names of “investors.” Osmanson was arrested in October 2008 in Texas.

BROOKLYN, NY - September 10, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal civil complaint against Sunrise Villas, LLC, its manager, and assistant manager for violations of the Fair Housing Act. Sunrise Villas, LLC is the owner and operator of the Sunrise Villas apartment complex located at Leonard Court in Lindenhurst, New York.

Buffalo, NY - August 24, 2009 - (RealEstateRama) -- One of the few silver linings in the dark economic cloud that has been with us for the past year is the great incentive for first time homebuyers enacted by Congress. Since housing closings are actually recorded in the County Clerk's Office, we are directly impacted by activity in the housing markets.

Albany, NY - August 18, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the award of $45 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA).

NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that his office has filed a lawsuit against New York-based American Modification Agency, Inc. (“Amerimod”), one of the largest foreclosure rescue companies in the country, and its owner Salvatore Pane, Jr. for engaging in a wide variety of deceptive business practices and false advertising to induce beleaguered homeowners on the brink of foreclosure to sign up for their services.

Albany, NY - August 10, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York will offer a federal income tax credit to first-time homebuyers to encourage home sales in the State. The New York State Mortgage Credit Certificate (MCC) will enable first-time homebuyers to claim a tax credit equal to 20% of their annual mortgage interest costs, potentially saving the average homebuyer about $1,500 each year.

Albany, NY - July 21, 2009 - (RealEstateRama) -- New York State Department of Taxation and Finance Acting Commissioner Jamie Woodward announced today that a Spencerport man who conducts seminars across the United States and Canada in commercial real estate investing faces five felony counts for failing to file state personal income tax returns for seven consecutive years.