During Black History Month, PA Treasurer McCord Says Nearly $62,200 in Unclaimed Property Owed...
Harrisburg - February 14, 2013 - (RealEstateRama) -- The Pennsylvania Treasury currently holds nearly $62,200 in unclaimed property that belongs to African American organizations and institutions, State Treasurer Rob McCord said today as he encouraged these groups to search and claim what is theirs
2012 PA-RPAC Award Winners
WASHINGTON, D.C. - February 12, 2013 - (RealEstateRama) -- Over 150 Realtors® attended the RPAC Awards Luncheon to honor 2012 fundraising achievements. Ron Croushore, 2012 RPAC Chair, recognized associations winning awards in the categories of 50 % member participation, highest membership participation and highest per capita RPAC investments. Congratulations to all association award recipients and thank you for all your hard work supporting RPAC!
DCED: Commonwealth Financing Authority Now Accepting Applications to Support Water Infrastructure Projects
Harrisburg - February 11, 2013 - (RealEstateRama) -- The Commonwealth Financing Authority (CFA) approved a motion to begin accepting applications for the Water Supply and Wastewater Infrastructure Program (PennWorks), which ensures safe water supply and proper wastewater infrastructure in Pennsylvania. The application period will remain open until June 28, 2013.
PA housing market showed growth in 2012
WASHINGTON, D.C. - February 5, 2013 - (RealEstateRama) -- Industry leaders believe that the housing market is on the road to recovery, according to a new survey conducted by Keystone Analyticsamong leaders of the Pennsylvania Association of Realtors®.
Proposed settlement in unfair mortgage practices case
HARRISBURG - February 1, 2013 - (RealEstateRama) -- Pennsylvania Attorney General Kathleen G. Kane today announced that her office, along with 45 other Attorneys General and the District of Columbia, have reached a $120 million multi-state settlement with Lender Processing Services, Inc. and its subsidiaries, LPS Default Solutions and DocX. The proposed settlement resolves allegations that the Jacksonville-based company, which primarily provides technological support to banks and mortgage loan servicers, ?robo-signed? documents and engaged in other improper practices related to mortgage loan default servicing
PAR board approves new strategic plan
WASHINGTON, D.C. - January 31, 2013 - (RealEstateRama) -- The Pennsylvania Association of Realtors® (PAR) will be functioning under a new two-year Strategic Plan following its board of directors meeting yesterday in Harrisburg.
Federal Jury Finds Mortgage Broker Guilty in $100 Million Fraudulent Loans Scheme
PITTSBURGH - January 30, 2013 - (RealEstateRama) -- After deliberating for three hours, a federal jury of five men and seven women found Lewis Whoolery guilty of wire fraud conspiracy, United States Attorney David J. Hickton announced today.
Cupid’s Arrow Points to Great Valentine’s Gifts on PA Treasury’s eBay Auction
Harrisburg - January 29, 2013 - (RealEstateRama) -- Pennsylvania Treasurer Rob McCord today reminded shoppers of a unique option to find the perfect gift for their Valentine – Treasury’s eBay auction for unclaimed property at www.patreasury.gov. There, shoppers can bid on new items like diamond cluster and solitaire rings; gold necklaces, bracelets and pins; and heart-shaped pendants and earrings
Attorney Pleads Guilty in Mortgage Fraud Scheme
PITTSBURGH - January 29, 2013 - (RealEstateRama) -- An attorney pleaded guilty in federal court to charges of wire fraud, filing false income tax returns, and failing to file income tax returns, United States Attorney David J. Hickton announced today.
Lehigh County Commissioners delay proposal to end affordable housing program
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Lehigh County Commissioners are holding off on a proposal to potentially eliminate a trust fund program that helps pay for affordable housing projects.
Commissioner Thomas Creighton has proposed a bill to end the program, which charges an $11.50 fee each on mortgages and deeds
Casey, Toomey, Meehan Call for Recognition of Delco’s Woodlawn Trustees Property by National Park...
Washington, DC - January 24, 2013 - (RealEstateRama) -- Today, U.S. Senators Bob Casey (D-PA) and Pat Toomey (R-PA) and Congressman Pat Meehan (PA-7) sent a letter to Department of the Interior Secretary Ken Salazar urging him to establish a National Park System unit that includes the Woodlawn Trustees property, which is partially located in Delaware County, Pennsylvania.
Meehan, Casey, Toomey Call for Recognition of Delco’s Woodlawn Trustees Property by National Park...
Washington, DC - January 23, 2013 - (RealEstateRama) -- Today, U.S. Senators Bob Casey (D-PA) and Pat Toomey (R-PA) and Congressman Pat Meehan (PA-7) sent a letter to Department of the Interior Secretary Ken Salazar urging him to establish a National Park System unit that includes the Woodlawn Trustees property, which is partially located in Delaware County, Pennsylvania
PHFA announces foreclosure help for homeowners in Monroe County
HARRISBURG - January 22, 2012 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency, in collaboration with the American Society of Certified Housing Executives (ASCHE) and the National Real Estate Training Institute (NREI), today announced a day-long event and free educational workshops for Monroe County residents in danger of losing their homes. This special event will be held Feb. 1 at the Innovation Center, Room 336, East Stroudsburg University, 562 Independence Road in East Stroudsburg from 7:00 a.m. to 7:00 p.m
An opportunity to showcase your organizations hard work in vacant property strategy
Philadelphia - January 21, 2012 - (RealEstateRama) -- The Center for Community Progress is pleased to announce the selection of Philadelphia as the host city for the fifth national Reclaiming Vacant Properties Conference. The conference, to be held Sept. 9-11, 2013, is themed “Investing in the Future: Unlocking Hidden Values.” Sessions and speakers will pay particular attention to the ways in which the nation’s communities are recognizing and capitalizing on the value from their vacant and distressed properties in order to reduce costs, increase revenues, return equity to individuals and create a stable foundation for future prosperity
Endorse funding the National Housing Trust Fund by supporting reforms to mortgage interest deduction
January 18, 2012 - (RealEstateRama) -- The National Low Income Housing Coalition proposes to modify the current mortgage interest tax break by reducing the size of a mortgage eligible for a tax break to $500,000, and to convert the deduction to a 15-20% non-refundable tax credit
State Treasury Partners with Lancaster County-based Morphy Auctions to Maximize Proceeds from Unclaimed Property...
Harrisburg - January 16, 2012 - (RealEstateRama) -- Rather than sitting in a vault, a treasure trove of rare and precious unclaimed valuables will be auctioned next month under a new partnership between the Pennsylvania Treasury and Morphy Auctions of Lancaster County, according to State Treasurer Rob McCord, who explained the auction is part of Treasury’s ongoing effort to maximize revenues to the Commonwealth from property that is unlikely to be claimed.
New proposed plan for 2013 PHARE funding has been released
January 15, 2012 - (RealEstateRama) -- The PHARE Fund was established by Act 105 of 2010 (the "PHARE Act") to provide the mechanism by which certain allocated state or federal funds, as well as funds from other outside sources, would be used to assist with the creation, rehabilitation and support of affordable housing throughout the Commonwealth.
National Alliance to End Homelessness Analyzes H.R. 8
January 04, 2012 - (RealEstateRama) -- While portions of the fiscal cliff were averted, the bill failed to replace the across-the-board cuts to domestic and defense spending, known as sequestration, with alternative deficit reduction measures. The deal averted the cuts for approximately 2 months, moving the sequester back to March 1, with the hope that the 113th Congress can strike an alternative deficit reduction deal by then. If the sequester had gone into effect yesterday, the Alliance estimates that ultimate cuts to the Department of Housing and Urban Development's McKinney-Vento Homeless Assistance Grants would result in 145,000 people homeless instead of housed
PA Treasurer Rob McCord: This Holiday, an Elf and a Snowman Have Unclaimed Property...
Harrisburg - December 21, 2012 - (RealEstateRama) -- This holiday season, whether you are Ellen Naughty from Canonsburg or Samuel Nice of Tamaqua, the Pennsylvania Treasury could have unclaimed property waiting for you, State Treasurer Rob McCord said today as he highlighted holiday-themed names in his department’s online unclaimed property database.
PA Treasury Seeks to Return Nearly $20,000 in Property to Shelters, Food Banks, other...
Harrisburg - December 19, 2012 - (RealEstateRama) -- Ongoing efforts by the Pennsylvania Treasury to reunite community service organizations with unclaimed property have led to claims for more than $13,000 by food banks, shelters and Salvation Army chapters, said State Treasurer Rob McCord today, but at least $6,500 remains to be claimed by these types of organizations – funds that can help to meet increased demand during the holiday season.