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RealEstateRama

Alabama RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Alabama Real Estate publishing community.

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Brookwood Man Sentenced to 18 Months in Prison for Mortgage Fraud Scheme

BIRMINGHAM - July 5, 2012 - (RealEstateRama) -- A federal judge today sentenced a Brookwood man to 18 months in prison on false statement charges related to an almost $750,000 mortgage fraud scheme in the Birmingham area, announced U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Patrick J. Maley.

Shelby Calls on Committee to Move Commonsense Housing Reform

WASHINGTON, D.C. - February 28, 2012 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Committee on Banking, Housing and Urban Affairs, today made the following statement at a hearing to examine the state of the housing market.

CONGRESSMAN BACHUS USA TODAY COLUMN ON PRESIDENT’S NEW HOUSING PLAN

WASHINGTON, DC - February 9, 2012 - (RealEstateRama) -- Congressman Spencer Bachus (AL-6) said that more jobs and more private-sector investment, not more failed government programs, are what's needed to help struggling homeowners.

Huntsville Celebrates Launch of Home Energy Upgrade Program with Energy Department Support

WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- The U.S. Department of Energy (DOE) yesterday recognized the launch of the Huntsville WISE Gold Program, one of DOE's Better Buildings Neighborhood projects, at a Home Energy "Block Party" in Huntsville, Alabama. The event, hosted by the non-profit organization Nexus Energies, showcased how the program will help homeowners in northern Alabama reduce energy costs and increase the comfort of their homes through energy-saving home upgrades such as improved insulation, windows, and doors, as well as energy-efficient appliances.

Shelby: If Congress Had Acted, Housing Market Would Look Different

November 15, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on oversight of the Federal Housing Finance Agency (FHFA).

Shelby: 30-Year Fixed Rate Mortgage Needs Fact-Based Analysis

October 20, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on the 30-year, fixed rate mortgage

Alabama Court Affirms Enforceability of MERS Mortgage

Reston, VA - August 31, 2011 - (RealEstateRama) -- In Freddie Mac v. Brooks, the U.S. District Court for Alabama’s Eastern Division dismissed with prejudice the borrowers’ counterclaim against Mortgage Electronic Registration Systems, Inc. (MERS) and MERSCORP in response to Freddie Mac’s eviction action.

Long-Term Housing Options Focus of Walker County Disaster Expo

BIRMINGHAM, AL - July 7, 2011 - (RealEstateRama) -- Tornado survivors can get answers on how to plan and accomplish their permanent housing goals at the Housing and Recovery Expo in Walker County Saturday, July 9

Birmingham Man Faces Mortgage Fraud Charges for Selling Houses He Did Not Own

BIRMINGHAM, AL - June 29, 2011 - (RealEstateRama) -- Federal prosecutors on Monday charged a Birmingham man for running a mortgage fraud scheme in which he sold houses that he did not own, U.S. Attorney Joyce White Vance announced.

Shelby: Congress Needs to Do Its Homework on Housing Reform

March 29, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on the consideration of proposals to reform the housing finance system

Shelby Joins Johnson in Making Housing Finance Reform a Top Priority

February 11, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby (R-Ala.), ranking Republican on the Banking, Housing, and Urban Affairs Committee, today made the following statement regarding the White Paper released by the Obama Administration concerning the future of Fannie Mae and Freddie Mac. The White Paper was a requirement of the Dodd-Frank Financial Reform legislation.

Brookwood Man Faces 34-Count Federal Indictment in Mortgage Fraud Scheme

BIRMINGHAM, AL - February 3, 2011 - (RealEstateRama) -- A federal grand jury today indicted a Brookwood man on wire fraud and false statement charges related to a more than $1 million mortgage fraud scheme in the Birmingham area, announced U.S. Attorney Joyce White Vance.

Leader of Mortgage Fraud Ring Sentenced to 6 ½ Years in Prison and Ordered...

BIRMINGHAM, AL - December 8, 2010 - (RealEstateRama) -- A federal judge today sentenced the leader of a mortgage fraud ring in Jefferson County to 6 ½ years in prison, announced U.S. Attorney Joyce White Vance, FBI Special Agent in Charge Patrick Maley and Department of Housing and Urban Development Acting Inspector General Michael Stephens.

Shelby Announces Transportation and Housing Funding for Alabama

Washington, D.C. - July 21, 2010 - (RealEstateRama) -- U.S. Senator Richard Shelby (R-Ala.), a senior member of the Transportation, Housing and Urban Development Appropriations Subcommittee, today announced subcommittee approval of the fiscal year 2011 Transportation, Housing, Urban Development, and Related Agencies Appropriations bill. Included in this bill is funding for several important projects throughout Alabama. Following today’s action by the subcommittee, the bill will now go to the full Appropriations Committee for approval.<!

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ALABAMA STORM VICTIMS

Foreclosure protection offered to displaced families in two counties WASHINGTON, DC - May 4, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to two counties in Alabama and provide support to homeowners and low-income renters forced from their homes following last month's severe storms, tornadoes, straight-line winds and flooding

Two Women Indicted for Falsely Claiming Disability Payments on Mortgage Applications

BIRMINGHAM - April 28, 2010 - (RealEstateRama) -- A federal grand jury today indicted two women on charges that they fraudulently claimed on mortgage loan applications that they received monthly government disability payments, U.S. Attorney Joyce White Vance announced

Rainbow City Woman Pleads Guilty to Mortgage Application Fraud and Embezzlement

HUNTSVILLE, AL - February 25, 2010 - (RealEstateRama) -- A 56-year-old Rainbow City woman pleaded guilty Wednesday in federal court to charges of bank and mortgage fraud that totaled more than $500,000, U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Patrick Maley announced.

Grants to Help Alabama Schools Cut Energy Costs

MONTGOMERY, AL - November 24, 2009 - (RealEstateRama) -- Economic stimulus grants awarded by Governor Bob Riley are helping 70 schools in 14 public school systems save energy and reduce utility bills by upgrading equipment and making other improvements.

Governor Riley Awards Additional $30.6 Million in Economic Stimulus Funding to Weatherize Homes

MONTGOMERY - July 23, 2009 - (RealEstateRama) -- Governor Bob Riley has awarded an additional $30.6 million in economic stimulus funds to help thousands of low-income residents across Alabama reduce their home energy costs. The grants also are intended to stimulate employment opportunities for the construction industry.

State Banking Department of Alabama Announces Its Participation in the CSBS/AARMR Nationwide Mortgage Licensing...

MONTGOMERY, AL - July 16, 2009 - (RealEstateRama) -- John Harrison, Superintendent of Banks, today announced that, starting October 1 the State Banking Department will begin participation in the Nationwide Mortgage Licensing System that was developed by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR).