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,
METRO COMMERCIAL ARRANGES 33,000 SF LEASE FOR ASHLEY FURNITURE
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
Historic Rental Development Old City Mercantile, Now 80% Leased
New York, NY - August 23, 2010 - (RealEstateRama) -- BRP Companies today announced that The Old City Mercantile, a luxury rental development building located in The Old City historic district on North Front Street is 80% leased and only seven apartments remain available to rent.
Rep. Murphy, Mayor DiGirolamo Announce Funding for Affordable Housing for Vets
Bensalem, PA - August 19, 2010 - (RealEstateRama) -- On Tuesday Pennsylvania Congressman Patrick Murphy (D-8th District) was joined by Bensalem Mayor Joseph DiGirolamo’s office and local officials to announce House passage of $500,000 in federal funding for affordable housing for veterans.
Casey, Fattah Highlight Benefits of New Emergency Mortgage Relief Law
PHILADELPHIA, PA - August 18, 2010 - (RealEstateRama) -- Homeowners who have lost their jobs and face foreclosure will benefit from the new $1 billion emergency mortgage relief program scheduled to go into effect by Oct. 1, Senator Bob Casey (D-PA) and Congressman Chaka Fattah (D-PA) announced today.
Urban Caucus Chair Applauds Administration on $5.1 Billion to America’s Unemployed Homeowners
Washington, DC. - August 12, 2010 - (RealEstateRama) -- “For eight years, I have been actively pursuing legislation on behalf of America’s unemployed to help stave off foreclosure. Now, thanks to the Administration, House Financial Services Committee Chairman Barney Frank and Committee members Representatives Maxine Waters and Paul Kanjorski more of the nation’s unemployed will be getting help.
Job Loss, Medical Bills Among Top Factors Contributing to Home Foreclosures in PA
LEMOYNE, PA - August 4, 2010 - (RealEstateRama) -- Job loss and unexpected medical bills are among the top factors contributing to home foreclosures...
Loan Officer Charged in Mortgage Fraud Scheme
Pittsburgh, PA - July 27, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, July 27, 2010, that Mark Hipsley of Pittsburgh, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh,
Casey, Specter Announce Committee Approval of Pennsylvania Transportation and Economic Development Projects
Washington, D.C. - July 23, 2010 - (RealEstateRama) -- U.S. Senators Bob Casey and Arlen Specter today announced that the U.S. Senate Appropriations Committee has approved federal funding for several Pennsylvania transportation projects.
Out-of-Work Homeowners Score a Major Victory With Rep. Fattah’s Plan in Financial Reform Bill
Washington, DC - July 15, 2010 - (RealEstateRama) -- The Emergency Homeowners’ Relief Fund is a significant provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act
Pennsylvania Capitol city home listings are now easier to search for online with IDX...
EUGENE, OR - July 12, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce the newest addition joining the team of real estate professionals updating their websites, David Giovanniello and For Sale By Owner Plus Realtors. With the latest adoption of IDX Broker software, the clients of Giovanniello can now easily search through thousands of Central Penn Multi-List (CPMLS) property listings, in an effort to match each potential buyer precisely with their dream home. Harrisburg, Pennsylvania homes are now available from the convenience of the website of Giovanniello, further simplifying searching for a property online for both Realtors and home seekers.
Metro Commercial Signs Ulta to New Quakertown, PA Center
Quakertown, PA - June 30, 2010 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company, has announced that it has negotiated a new 10,100 square foot lease with Ulta, the nation’s leading beauty retailer, at Richland Marketplace in Quakertown, PA.
Fattah Secures Mortgage Relief For Unemployed In Financial Reform Legislation
Washington, DC - June 25, 2010 - (RealEstateRama) -- Congressman Chaka Fattah (D-PA) is thanking his colleagues for their diligence in working to ensure the nation’s unemployed are able to remain in their homes.
Historic Pennsylvania city property listings now available online with IDX Broker software.
EUGENE, OR - June 25, 2010 - (RealEstateRama) -- Ed Kelly, of Long & Foster Real Estate, has teamed with IDX, Inc. to bring Gettysburg, Pennsylvania homes to potential area buyers, with the addition of IDX Broker software to his real estate website. As a member of the York and Adams County MLS (RAYAC), Kelly has long had access to thousands of local listings. Now, his clients can also view and search through the RAYAC listings from the convenience of his website on their personal computers, iPhones and even the new Apple iPad. The addition of IDX Broker software to the website of Kelly has forever changed the way Gettysburg home seekers search for properties online.
Metro Commercial Leases Former Strauss Auto to Family Dollar in Philadelphia
PHILADELPHIA, PA - June 23, 2010 - (RealEstateRama) -- Metro Commercial, the region’s largest full-service retail real estate firm, announced today that it has leased a former 9,343-square-foot freestanding building to Family Dollar at 1700 Washington Avenue, Philadelphia, PA. The property, formerly a Strauss Auto store is in the heart of South Philadelphia and near the booming neighborhood of Bella Vista.
Bucks County Mortgage Broker Pleads Guilty to Fraud Scheme that Resulted in Foreclosures
PHILADELPHIA, PA - June 21, 2010 - (RealEstateRama) -- Frank J. Dattilo, 64, of Holland, PA, pleaded guilty today to two counts of mail fraud in connection with a scheme to defraud mortgage lenders and enrich himself. Dattilo was the owner and operator of the mortgage brokerage firm Provident Financial Group (“PFG”), which was located in Bensalem, PA.