Archives

HARRISBURG, PA - February 17, 2010 - (RealEstateRama) -- Foreclosure relief checks totaling more than $2.7 million have been mailed to several hundred Pennsylvania consumers as part of a multi-state settlement with Countrywide Financial Corporation.

HARRISBURG, PA - February 8, 2010 - (RealEstateRama) -- Attorney General Tom Corbett today cautioned Pennsylvania consumers to be alert for possible scams linked to online ads for rental homes and apartments, along with Internet "for sale" ads and auctions for cars, motorcycles and other items.

Glenside, PA - January 12, 2010 - (RealEstateRama) -- This past December, the Federal Reserve Bank of Philadelphia published a new study on rental housing in Pennsylvania.

Pittsburgh, PA - January 8, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, January 8, 2010, that Robert Danenberg, a resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of Wire Fraud Conspiracy in connection with a mortgage fraud scheme.

Boalsburg, PA - January 5, 2010 - (RealEstateRama) -- Congressman Glenn “GT” Thompson (PA-05) joined community and economic development leaders today to celebrate the completion of Centre Estates I and II, an 80-unit low-income housing project in Centre County made possible through a unique financial arrangement involving some of Pennsylvania’s most prominent affordable housing organizations

Boalsburg, PA - January 4, 2010 - (RealEstateRama) -- Congressman Glenn “GT” Thompson (PA-05) joined community and economic development leaders today to celebrate the completion of Centre Estates I and II, an 80-unit low-income housing project in Centre County made possible through a unique financial arrangement involving some of Pennsylvania’s most prominent affordable housing organizations.

Harrisburg, PA - December 29, 2009 - (RealEstateRama) -- Senator Michael A. O’Pake (D-Berks) today reminded eligible older adults and people with disabilities that they only have until Thursday, December 31, to apply for “2008 tax year” rebates under the state’s Property Tax and Rent Rebate (PTRR) Program.

Harrisburg, PA - December 22, 2009 - (RealEstateRama) -- Governor Edward G. Rendell today announced the commonwealth is investing $5 million in federal recovery money in eight innovative alternative energy projects that use biological materials such as sewage, animal and food processing waste to generate enough energy to power more than 80,000 homes.

Harrisburg, PA - December 18, 2009 - (RealEstateRama) -- Pennsylvania is bolstering its position as a leader in solar energy with new investments of more than $10 million in 12 new projects, Governor Edward G. Rendell said following the Commonwealth Financing Authority’s approval of the projects.

Harrisburg, PA - December 4, 2009 - (RealEstateRama) -- Governor Edward G. Rendell today reminded eligible older adults and people with disabilities that Dec. 31 is the deadline to apply for rebates up to $975 from Pennsylvania’s Property Tax/Rent Rebate program.

New York, N.Y. - December 15, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s largest general builder of education facilities, has been selected by Drexel University to manage construction of the Constantine Papadakis Integrated Sciences Building on the University’s main campus in Philadelphia, Pa. Upon completion in June 2011, the138,000 sq. ft. facility will house thirty-nine research and teaching laboratories for bio-medical engineering, biology and chemistry and a fossil preparation lab.

WASHINGTON, D.C. - December 11, 2009 - (RealEstateRama) -- Congressman Chaka Fattah (D-PA)’s $3 billion Homeowners Emergency Mortgage Assistance – already a proven success at blocking foreclosures for unemployed Pennsylvanians – was approved today by the House of Representatives.

WASHINGTON, D.C. - December 9, 2009 - (RealEstateRama) -- A $3 billion emergency mortgage assistance program for unemployed homeowners – authored by Congressman Chaka Fattah (D-PA) and based on a successful Pennsylvania program that Fattah helped create as a young state legislator – is on the verge of passage in the House of Representatives.

PHILADELPHIA, PA - December 8, 2009 - (RealEstateRama) -- 15-count indictment was filed today against five defendants charged in a $14.6 million mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans, announced United States Attorney Michael L. Levy, Special Agent-in-Charge of the FBI Janice K. Fedarcyk, and Pennsylvania Secretary of Banking Steven Kaplan.

HARRISBURG, PA - November 23, 2009 - (RealEstateRama) -- Consumer protection lawsuits were filed today against four loan modification or "mortgage rescue" businesses, along with their officers, who are accused of deceiving Pennsylvania consumers seeking help modifying their mortgage loans.

PHILADELPHIA, PA - November 23, 2009 - (RealEstateRama) -- Congressman Chaka Fattah (D-PA-02) today invoked rock ‘n roll legend Junior Walker and the All-Stars as he announced the award of $844,176 in grants from the Federal Home Loan Bank of Pittsburgh (FHLBank) to four new affordable housing projects in Germantown, North and West Philadelphia.

Philadelphia, PA - November 24, 2009 - (RealEstateRama) -- Congressman Chaka Fattah (PA-02) today announced the awarding of $844,176 in grants from the Federal Home Loan Bank of Pittsburgh (FHLBank) to four new affordable housing projects in the city

Washington, D.C. - November 19, 2009 - (RealEstateRama) -- The Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators announced today that the Pennsylvania Department of Banking has achieved accreditation under the joint CSBS-AARMR Mortgage Supervision Accreditation Program.

Morrisville, PA - November 20, 2009 - (RealEstateRama) -- Today, Pennsylvania Congressman Patrick Murphy (D-8th District) joined local realtors and homebuyers to announce the expansion of the first-time homebuyer tax credit to help more hardworking families in Bucks County and across the country achieve the American dream by owning their own home.

Washington, DC - November 5, 2009 - (RealEstateRama) -- Today, Congresswoman Kathy Dahlkemper (PA-3) voted to extend relief to unemployed workers, local real estate markets, and provide much-needed help to businesses and families.