Yearly Archives: 2010

Treasurer McCord: PA Homeowners Can Finance “Whole Home” Improvements Through Money-Saving, Energy Efficiency Loan...

HARRISBURG, PA - December 29, 2010 - (RealEstateRama) -- Pennsylvania Treasurer Rob McCord today announced new, innovative financing options available through the Keystone Home Energy Loan Program (HELP). Qualified Pennsylvania homeowners can now take advantage of lower-rate, fixed-term loans for whole home energy efficiency projects – upon completion of a home energy audit designed to identify the most effective energy conserving improvements in each home.

Charges and Civil Complaint Filed in Foreclosure Rescue Scheme

PHILADELPHIA, PA - December 15, 2010 - (RealEstateRama) -- An indictment was unsealed and a verified civil complaint was filed today against Anthony J. DeMarco, III and his real estate companies, DeMarco REI, Inc. (“DeMarco REI”) and OPM Group, LLC, (“OPM”), alleging a mortgage fraud scheme involving more than $30 million in loans, announced United States Attorney Zane David Memeger. The civil complaint seeks a temporary restraining order and preliminary injunction against defendant. It also seeks to forestall foreclosures against the victims.

Press Conference, Dec. 7 – Housing Leaders to Urge Quick Approval of National Housing...

December 7, 2010 - (RealEstateRama) -- State housing leaders will hold a press conference Tuesday, December 7 at 3:00 pm in the Capitol Media Center to urge quick approval of federal funding for the National Housing Trust Fund.

PHFA applauds creation of statewide housing trust fund

HARRISBURG, PA - December 2, 2010 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency today applauded the signing into law by Governor Edward G. Rendell of legislation enabling creation of a Pennsylvania housing trust fund


WASHINGTON, D.C. - December 1, 2010 - (RealEstateRama) -- The Philly Apartment Company, headquartered in Philadelphia, today announced the opening of a new Washington, D.C. office that will be led by Director of Sales Eric Suissa.

FEMA Extends Temporary Disaster Housing Program

PHILADELPHIA, PA - November 29, 2010 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) announced today the approval of a request from the state of West Virginia to extend FEMA’s temporary disaster housing program from November 15, 2010 to February 15, 2011.

New Vacant Property Study Documents the Exhorbitant Costs

November 18, 2010 - (RealEstateRama) -- An new study on vacant land in Philadelphia documents the huge costs to the city of vacant and blighted properties. Though the study looks specifically at Philadelphia, it serves to highlight the negative economic impact blight imposes on any municipality.

PA Treasurer McCord: Treasury’s Property Return Team Helping Veterans Claim What’s Theirs

HARRISBURG, PA - November 9, 2010 - (RealEstateRama) -- As Veterans Day draws near, Pennsylvania Treasurer Rob McCord and his Unclaimed Property Return Team are working to help veterans organizations across the Commonwealth claim what is theirs – so far returning more than $73,000 in unclaimed property and identifying $14,000 more belonging to organizations.

Real Estate Attorney Pleads Guilty to Bank Fraud Charge

PITTSBURGH, PA - November 9, 2010 - (RealEstateRama) -- A resident of New Brighton, Pa., pleaded guilty in federal court to a charge of bank fraud, United States Attorney David J. Hickton announced today. William Buchko, 59, pleaded guilty to one count before United States District Judge David Cercone

PA Treasurer McCord Announces Expansion of Money-Saving, Job-Creating Energy Efficiency Loan Program

HARRISBURG, PA - October 28, 2010 - (RealEstateRama) -- Pennsylvania homeowners considering geothermal heat pump systems can now take advantage of a new and innovative financing package through the Commonwealth’s energy efficiency loan program, the Keystone Home Energy Loan Program (HELP), which combines a low-interest HELP loan with a companion loan given in anticipation of federal tax credits available for the installation of these fuel-conserving systems.

PHFA recognizes housing counselors from across Pennsylvania

HARRISBURG, PA - October 27, 2010 - (RealEstateRama) -- PHFA honored the work of the state’s private sector housing counselors yesterday at the Hilton. These counseling agencies extend the work of PHFA by helping state residents with questions about homeownership and home foreclosure, working to inform consumers so they make educated housing decisions

HUD’s New Emergency Mortgage Assistance Program to Bring $105 Million to PA

Glenside, PA - October 7, 2010 - (RealEstateRama) -- Federal HEMAP is here - almost! HUD has announced their intention to begin taking applications from eligible homeowners for their new Emergency Homeowners Loan Program (EHLP) Program by the end of the year.

Fattah, HUD Dep. Secretary Sims Unveil Emergency Homeowners Loan Program

PHILADELPHIA, PA - October 5, 2010 - (RealEstateRama) -- Important emergency mortgage relief for unemployed homeowners is on the way under a major new federal program authored by Congressman Chaka Fattah (D-PA) and unveiled at a news conference Tuesday with Fattah and Deputy Secretary Ron Sims of the U.S. Department of Housing and Urban Development.

Barrar Bill to Protect Seniors from Property Tax Hikes Moves Forward

Harrisburg, PA - September 30, 2010 - (RealEstateRama) -- The House Finance Committee approved legislation authored by Rep. Stephen E. Barrar (R-Chester/Delaware) that would freeze property taxes for senior citizens.

Mortgage Broker and Loan Officer Charged in Fraud Scheme

PHILADELPHIA, PA - September 28, 2010 - (RealEstateRama) -- An indictment was filed today against Bernadette Nicholas, Kevin D. McAllister, and Wayne Rosen for engaging in schemes to defraud Wilmington Trust Federal Savings Bank and Malvern Federal Savings Bank involving properties valued at more than $35.5 million,


September 22, 2010 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the Philadelphia region's premier full-service retail real estate company, has negotiated a lease for the region’s largest home furniture and manufacturing company, Ashley Furniture, to occupy the former 33,000-square foot Circuit City at Lincoln Court located at 102 Alan Wood Road in Plymouth Meeting. The store is scheduled to open in December.

Customized IDX solution increases productivity on Pennsylvania real estate website

EUGENE, OR - September 15, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce West Chester, Pennsylvania real estate agent Holly Gross has joined the ever expanding group of real estate professionals utilizing a customizable IDX solution to display thousands of properties online. Home listings from the Trend MLS can now be found seamlessly integrated onto the website of Gross, giving her clients a comprehensive database of homes to search through. Now, Gross and her clients can begin the property search process quickly and efficiently, thanks to her IDX enabled website

NAI Summit Completes Assignment with First Commonwealth Federal Credit Union Lehigh Valley, PA

Lehigh Valley, PA - September 15, 2010 - (RealEstateRama) -- NAI Summit represented First Commonwealth Federal Credit Union in the sale of 2804 William Penn Highway.

The Hampshire Companies Pick-Up Airport Plaza Shopping Center in Allentown, Pa. in Joint Venture...

Allentown, PA - September 10, 2010 - (RealEstateRama) -- The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2 billion, has announced the acquisition of an 84,000-square-foot retail building located at 1135 Airport Road in Allentown, Pa. from an affiliate of the Rosen Group, Inc.

Penn State to Lead Philadelphia-Based Team that will Pioneer New Energy-Efficient Building Designs

Research consortium led by Penn State to receive up to $122 million in federal funding for "Energy Innovation Hub" at the Philadelphia Navy Yar

Popular Government & Nonprofit Press Releases

PHA To Use On-line Housing Applications For First Time

Philadelphia, PA - March 2, 2010 - (RealEstateRama) -- The Philadelphia Housing Authority announced today it would begin accepting applications for the Housing Choice Voucher Program on-line, through its Web site,

Recent Government & Nonprofit Press Releases

Governor Wolf Outlines How Restore Pennsylvania Will Benefit Municipalities

Building on his commitment to support Pennsylvania’s communities, Governor Tom Wolf spoke at the Pennsylvania Municipal League’s Capitol Conference to outline how Restore Pennsylvania will benefit municipalities and overhaul Pennsylvania’s infrastructure.