PA Banking Department Announces Multi-State Settlement With TBW Mortgage Corporation
HARRISBURG, Pa., - June 22, 2009 - (RealEstateRama) - Secretary of Banking Steve Kaplan announced today that Taylor, Bean & Whitaker Mortgage Corporation, or TBW, will modify loans for struggling homeowners and pay $9 million in fines as part of a settlement with Pennsylvania and 13 state mortgage regulators
Philadelphia Man Sentenced for Mortgage Fraud and Identity Theft
PHILADELPHIA, PA June 16, 2009 - (RealEstateRama) - Mahn Huu Doan, a/k/a "Bruce Doan", 40, of Philadelphia, was sentenced today to 151 months in prison for a massive mortgage fraud and identity theft scheme, announced United States Attorney Michael L. Levy. Doan, a self-described real estate investor, would purchase houses, using false or borrowed identities, using government insured loans which he secured using fraudulent information.
ESSA Bank & Trust Earns Award for Exemplary Community Service
Hazleton, PA - June 17, 2009 - (RealEstateRama) – ESSA Bank & Trust was honored today for excellence in community service.
At a meeting of...
Berkshire Bank Receives Award for Community Investment Excellence
Wayne, PA - June 15, 2009 - (RealEstateRama) – Berkshire Bank was cited for exceptional service to the community today at a gathering of regional banking leaders.
Governor Rendell Says New Investments will Convert Brownfields in Southwest PA
HARRISBURG, PA - June 11, 2009 - (RealEstateRama) – Several brownfield sites in southwestern Pennsylvania will enjoy a rebirth with a $6 million state investment, Governor Edward G. Rendell said.
Will Get Down Payment Help; Affordable Housing; 3,000 New Jobs with $380 Million in...
STEELTON, PA - June 10, 2009 - (RealEstateRama) – Governor Edward G. Rendell today said 1,000 families will receive thousands of dollars to help make down payments on new homes, more than 5,000 families in dozens of communities across Pennsylvania will find affordable housing, and some 3,000 workers will have jobs with the award today of more than $380 million in federal economic recovery funds.
PA REALTORSВ® Laud Gov. Rendell and PHFA for Creating Initiative to Benefit Homebuyers
HARRISBURG, PA - June 11, 2009 - (RealEstateRama) – The Pennsylvania Association of REALTORS® (PAR) today commended Gov. Edward G. Rendell’s plan to award a portion of the $380 million in federal economic recovery funds to assist Pennsylvania homebuyers.
Bear Announces Housing and Economic Revitalization Bill
Lititz, PA - June 10, 2009 - (RealEstateRama) – On Wednesday, at a rally held on the Capitol steps, Rep. John C. Bear (R-Lancaster) introduced legislation creating a one-time incentive program for new and existing homes and qualified renovations in an effort to revive Pennsylvania’s slumping housing market and overall employment picture.
Brentwood Bank Earns Award for Community Investment Excellence
Coraopolis, PA - June 9, 2009 - (RealEstateRama) — Brentwood Bank was honored before its industry peers today for its exceptional record of community investment and service.
Property Tax Bills to be Eliminated for 110,000 Senior Homeowners
HARRISBURG, PA - June 3, 2009 - (RealEstateRama) — The deadline to apply for Pennsylvania’s Property Tax/Rent Rebate Program for older adults and residents with disabilities has been extended from June 30 to December 31.
PA Delegation Urges HUD to Include PA Public Housing Authorities in Competition for $1...
Washington, D.C. - May 21, 2009 - (RealEstateRama) — Today, 16 members from the Pennsylvania delegation sent a letter to Shaun Donovan, Secretary of...
Secretary Donovan visits public housing in Pennsylvania, announces nearly $1 billion in Recovery Act...
WASHINGTON, D.C. - May 18, 2009 - (RealEstateRama) — U.S. Department of Housing and Urban Development Secretary Donovan today announced that HUD is offering nearly $1 billion to make substantial improvements to thousands of public housing units nationwide. The Public Housing Capital Funds being offered are provided through The American Recovery and Reinvestment Act of 2009 (Recovery Act) and are designed to help public housing authorities improve the quality of their housing stock, promote energy efficiency and create jobs.
Rohrer Reintroduces School Property Tax Elimination Act
Harrisburg, PA - May 4, 2009 - (RealEstateRama) — Hailing it as the single most important step Pennsylvania lawmakers could take to jumpstart the state’s economy, prime sponsor Rep. Sam Rohrer (R-Berks) today unveiled the School Property Tax Elimination Act (SPTEA).
Metro Commercial Inks Inks Deal for 6,270-Square-Foot Card & Gift Shop in Havertown, PA
Mt. Laurel, NJ - April 29, 2009 - (RealEstateRama) — Metro Commercial, the region’s largest full-service retail real estate firm, recently brokered a 6,270-square-foot lease for Ruth’s Hallmark in the Manoa Shopping Center in Havertown, PA bringing the occupancy of the center to 100 percent.
Gillespie Supports Effort to Put Property Tax Relief on November Ballot
Harrisburg, PA - April 27, 2009 - (RealEstateRama) — State Rep. Keith Gillespie (R-Hellam) was among General Assembly members to stand in support Monday of legislation that would place options for property tax relief on the Nov. 3 General Election ballot. If passed, voters would be able to select from several different property tax reduction or elimination bills.
PHA Using Stimulus Dollars To Renovate Homes & Create Jobs
PHILADELPHIA, PA - April 24, 2009 - (RealEstateRama) — The complete renovation and energy upgrading of 300 houses and apartments will be the first of several projects the Philadelphia Housing Authority will complete with the $90 million in stimulus funds approved this year by Congress and signed by the president.
Harper Calls for End of MH/MR Waiting List, Bill of Rights for People with...
Blue Bell, PA - April 23, 2009 - (RealEstateRama) — Responding to the “quiet crisis of desperation” among Pennsylvania families with disabled loved ones, Rep. Kate Harper (R-Montgomery) has again introduced legislation to eliminate the waiting list for housing and community services and to establish a Bill of Rights.
Perzel Calls Rendell’s Property Tax Relief Inadequate
Harrisburg, PA - April 16, 2009 - (RealEstateRama) — Rep. John Perzel (R-Philadelphia) issued the following statement in response to Gov. Ed Rendell’s announcement on property tax reductions as a result of slot machine gambling revenues:
Tax Relief for All PA Homeowners
Harrisburg, PA - April 15, 2009 - (RealEstateRama) — Pennsylvania homeowners will receive nearly $770 million in property tax relief in 2009, delivering on Governor Rendell’s promise to help reduce the burden of property taxes.
Rohrer says Governor’s Property Tax ‘Relief’ Announcement Misses Point
Harrisburg, PA - April 15, 2009 - (RealEstateRama) — While the governor on Monday touted the approximately $200 in average property tax relief that Pennsylvania homeowners...