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City of Mobile demolishes four properties in one week

The City of Mobile on Friday demolished its 4th home this week as part of Mayor Sandy Stimpson's fight on blight campaign. This is the 8th home the City has demolished in April, with four more emergency demolitions currently scheduled.

The Preserving Access to Manufactured Housing Act Passes in the House

Congresswoman Terri Sewell issued the following statement after the Preserving Access to Manufactured Housing Act (H.R. 650), a bill she co-sponsored to preserve critical access to financing for manufactured homes for low-income and rural families, passed the U.S. House of Representatives.

City of Mobile constructs new homes in Oakleigh District

"These new homes are a prime example of how we are taking back our neighborhoods. It's the answer to many of the challenges we are facing including blight, housing and crime. You can expect more transformations like this in the months to come." - Mayor Sandy Stimpson

Alabama Welder Named ABC National Craft Professional of the Year

Associated Builders and Contractors (ABC) has named Holley Thomas, Double Springs, Ala., as its Craft Professional of the Year. Thomas works as a foreman for KBR. Thomas received the honor March 6 during ABC’s National Craft Championships (NCC) and Workforce Conference in Fort Lauderdale, Fla.

Free Financial Literacy Workshops

Join us for free workshops to empower you and your family to build a stronger financial foundation. All workshops are held at the Lifelines Counseling Services office, 705 Oak Circle Dr E, Mobile, 36609. Due to limited space, please call 251-602-0011 to register in advance for the workshops.

Alabama Real Estate Investor Pleads Guilty to Conspiracy to Commit Mail Fraud

An Alabama real estate investor pleaded guilty yesterday for his role in a conspiracy to commit mail fraud related to public real estate foreclosure auctions held in southern Alabama, the Department of Justice announced today.

Alabamians Can Go To Home Depot, Lowes For FEMA Advice On Rebuilding Stronger

As recovery continues from the April 28 to May 5 severe storms, tornadoes, straight-line winds and flooding that hit Alabama, federal officials are offering help on how to rebuild “stronger and safer” for the next disaster

Shelby Opposes Massive New Regulator and Taxpayer Exposure in Housing Regulation Bill

U.S. Senator Richard Shelby (R-Ala.), senior member of the Senate Committee on Banking, Housing and Urban Affairs, today stressed the need for housing finance reform but detailed his opposition to related legislation under consideration by the committee. Shelby pointed out that the proposed bill would greatly expand and further complicate the role of government in housing markets, empowering a new super-regulator with the same authorities used to bail out Wall Street and putting taxpayers on the hook for trillions of dollars of liability. In doing so, Shelby strongly challenged the assertion that the legislation is the best way to move beyond the unacceptable status quo. Excerpts of Shelby’s statement are below in bold, followed by the full text of his prepared remarks

Brooks Delighted TVA to Provide Relief for Guntersville Aquatic Weed Control

Today, U.S. Congressman Mo Brooks (AL-05) commended the Tennessee Valley Authority’s announcement that it will work with a newly created Alabama state board, legislators and local officials to find a long-term funding solution to manage invasive aquatic weeds in residential and commercial areas of Guntersville Reservoir. According to TVA’s release, “If the stakeholder group of homeowners, anglers, environmentalists and state and local agencies agrees to reinstate a Guntersville weed management plan, TVA will provide short-term funding to treat weeds in residential and commercial areas for six years beginning this summer.

ABC Member Wins Alabama Special Runoff Election for U.S Congressional Seat

Associated Builders and Contractors (ABC) today applauded the Nov. 5 victory of ABC Alabama Chapter member and former state Sen. Bradley Byrne in a Republican special primary runoff election for a seat in the U.S. House of Representatives representing Alabama’s 1st Congressional District.

Governor Bentley Enacts Recommendation of Affordable Homeowners Insurance Commission

Governor Robert Bentley on Wednesday continued the state’s long-term efforts to address the availability and rising cost of homeowners insurance.

Governor Bentley Announces More than $900,000 Available to Eight Alabama Counties for Safer Homes

Governor Bentley on Wednesday announced some Alabama residents will have an opportunity to make their homes safer from severe weather. As a result of the federal disaster declaration for Hurricane Isaac in 2012, hazard mitigation funds are now available for the following eight Alabama counties: Baldwin, Covington, Dallas, Geneva, Mobile, Monroe, Perry and Pickens

Alabama Supreme Court Upholds Lower Court’s Recognition of MERS’ Authority to Assign Mortgages

MERSCORP Holdings, Inc. today announced that a five-justice panel of the Alabama Supreme Court affirmed a lower court’s decision which in part validated MERS’ ability to assign mortgages as the nominee for the original lender and its successors and assigns.

Alabama to Receive Additional Disaster Recovery Funding

Nearly $120 million in additional funding will help Alabama communities in the ongoing recovery from the spring 2011 severe weather outbreak. Governor Robert Bentley was informed of the allocation by Shaun Donovan, Secretary of U.S. Housing and Urban Development (HUD).

Governor Bentley Releases Affordable Homeowners Insurance Commission Report

Governor Robert Bentley on Wednesday released the Affordable Homeowners Insurance Commission Report, which includes recommendations that could be used to address the availability and rising cost of homeowners insurance

CONGRESSMAN BACHUS WARNS OF TAXPAYER RISK POSED BY HOUSING AGENCY

Congressman Spencer Bachus (AL-6) today said that U.S. taxpayers are being put at risk by yet another troubled federal housing finance agency.

Closing Attorney Charged with Wire Fraud in Mortgage Loan Scheme

BIRMINGHAM, AL - January 08, 2012 - (RealEstateRama) -- Federal prosecutors have charged a Birmingham real estate lawyer with wire fraud in connection with a nearly $1 million mortgage fraud scheme, announced U.S. Attorney Joyce White Vance.

Federal Prosecutors Charge Atlanta Woman with Mortgage Fraud

BIRMINGHAM - September 5, 2012 - (RealEstateRama) -- Federal prosecutors on Friday charged an Atlanta woman with mortgage fraud for providing false financial information for several home buyers that resulted in fraudulently obtained mortgages totaling more than $623,000, U.S. Attorney Joyce White Vance; FBI Acting Special Agent in Charge Robert E. Haley, III; and Housing and Urban Development Inspector General David Montoya announced.

Governor Bentley Appoints Elwyn Thomas as Executive Director of Alabama Manufactured Housing Commission

MONTGOMERY - August 17, 2012 - (RealEstateRama) -- Governor Robert Bentley on Thursday announced that State Representative Elwyn Thomas has been appointed to serve as Executive Director of the Alabama Manufactured Housing Commission effective September 1, 2012. Thomas currently represents House District 34 in Jefferson and Blount Counties and has served in the Alabama Legislature for 15 years.

Federal Prosecutors Charge Five People for Fraudulent Home Loan Applications

BIRMINGHAM - August 9, 2012 - (RealEstateRama) -- Federal prosecutors have filed fraud charges against five people this month in connection with false statements made in mortgage loan applications, U.S. Attorney Joyce White Vance announced.