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.

Philadelphia, PA - November 24, 2009 - (RealEstateRama) -- “The Philadelphia Housing Authority has shaped a model for green construction while also creating green jobs and breathing new life and opportunities for distressed communities,” said Congressman Brady (D., PA)

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.

Priscilla of Boston and Denim Habit join America’s first shopping center. Ardmore, PA - November 23, 2009 - (RealEstateRama) -- Metro Commercial, one of the region’s largest full-service retail real estate firms, announces the addition of two new retailers to the world-class lineup at Suburban Square, America’s first shopping center, in Philadelphia’s Main Line suburb of Ardmore, PA.

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.

Govberg Jewelers joins exclusive Walnut Street retail row. Philadelphia, PA - November 19, 2009 - (RealEstateRama) -- Metro Commercial, one of the region’s largest full-service retail real estate firms, announced today that it has negotiated a lease for Govberg Jewelers to locate its flagship store at 1521 Walnut Street in the heart of Philadelphia’s “Rittenhouse Row”

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.

Newtown Square, PA - October 26, 2009 - (RealEstateRama) -- In conjunction with parent company Balfour Beatty plc, Balfour Beatty Communities, LLC has established a three-year grant totaling $75,000 to be donated to Project H.O.M.E.

PHILADELPHIA, PA - October 16, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Harrisburg will receive more than $2.8 million to support community development and produce more affordable housing. HUD's annual funding will also help individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS.

Washington, DC - October 20, 2009 - (RealEstateRama) -- The American Association of Residential Mortgage Regulators (AARMR) and the Conference of State Bank Supervisors (CSBS) announce another milestone in the modernization of state mortgage supervision as the Pennsylvania Department of Banking notified all licensed mortgage lenders on October 15 that the agency will be using sophisticated computer software to analyze loan level data as part of Pennsylvania's examination program.

Pittsburgh, PA - October 16, 2009 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank) has approved $3,446,246 in grants under its Affordable Housing Program (AHP).

Washington, DC - October 15, 2009 - (RealEstateRama) -- Following the recent release of a Congressional Oversight Panel (COP) report, which found that the Administration’s current housing relief efforts lack scope, scale and permanence, Congressman Joe Sestak (PA-07) and top economist Dr. Mark Zandi, today, held a press conference to highlight the need for a comprehensive homeownership vesting plan to address the nearly 12 million homeowners who are currently underwater-- owing more on their mortgage than the value of their home.

PHILADELPHA, PA - October 6, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Upper Darby and Abington will receive more than $2.9 million to support community development and produce more affordable housing.

PHILADELPHIA, PA - October 2, 2009 - (RealEstateRama) -- The U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) announced today the approval of a grant totaling more than $1.8 million to elevate seven flood-prone homes in West Norriton, Montgomery County

Washington, D.C. - September 21, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the Department of Housing and Urban Development (HUD) has awarded the Philadelphia Housing Authority $13,915,000 to complete a “green” public housing transformation to the Paschall Apartments.

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate has approved federal funding for several Pennsylvania housing projects.