Yearly Archives: 2010

Troy, MI - October 5, 2010 - (RealEstateRama) -- In the interest of encouraging law students and MBA students, the Board of the United Condominium Owners of Michigan (UCOM) has set aside four registrations for students of law and management schools in the Detroit area.

WASHINGTON, DC - October 4, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Unity Hospital of Rochester in New York State. The $197 million loan is made possible through the Federal Housing Administration's (FHA) Section 242 Hospital Mortgage Insurance Program.

October 1, 2010 - (RealEstateRama) -- This is the time of year to get your furnace cleaned and ready for winter. Michigan Department of Energy, Labor & Economic Growth (DELEG) Acting Director Andrew S. Levin offers some sensible tips to avoid getting burned by furnace fixing "scam artists."

LANSING, MI - September 29, 2010 - (RealEstateRama) -- Attorney General Mike Cox today announced that his office, with the assistance of the Michigan State Police, secured a guilty plea against Eddie Zaben of Dearborn for his role in a major mortgage fraud operation in Southeast Michigan. Zaben, 40, pled guilty to two counts of obtaining mortgage proceeds under false pretenses. Zaben will serve 2-10 years in prison and must pay $3 million in restitution. Zaben is the latest conviction resulting from a year-long investigation by the Michigan Mortgage Fraud Task Force and included efforts by the Michigan State Police, the U.S. Secret Service and the Attorney General's office. Six other defendants have already been convicted for their roles in the scheme.

September 24, 2010 - (RealEstateRama) -- State Fire Marshal Ronald R. Farr today encourages consumers to take extra safety precautions while using generators when the power is out -- especially to reduce risk of injury or death from carbon monoxide poisoning - a silent killer that builds up quickly without any warning signs or odors.

WASHINGTON, DC - September 23, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Hayes Green Beach Memorial Hospital in Charlotte, Michigan. The $36.6 million loan is made possible through the Federal Housing Administration's (FHA) Section 242 Hospital Mortgage Insurance Program.

Washington, D.C. - September 10, 2010 - (RealEstateRama) -- Today, Representative John Conyers, Jr. (D-Mich.) issued the following statement encouraging eligible affordable housing entities to apply for two recently announced grants from the Department of Housing and Urban Development. Appearing in today’s Federal Register are the Notices of Funding Availability, the federal application, for two revitalization initiatives: The Choice Neighborhoods Planning or Implementation Grants for FY 2010 and the HOPE VI FY 2010. Both applications can be accessed at www.grants.gov.

LANSING, MI - September 8, 2010 - (RealEstateRama) -- State Senator Tupac A.Hunter (D-Detroit) today introduced legislation that would prevent banks and other lending institutions from foreclosing on most homes unless they have signed up to participate in the “Help the Hardest Hit Program.”

LANSING, MI - September 1, 2010 - (RealEstateRama) -- Governor Jennifer M. Granholm today continued her effort to push the nation's largest banks to join other lending institutions and take part in the Helping Hardest Hit Homeowners Fund. Since announcing the availability of an additional $128.4 million in federal dollars for the fund earlier this month, Granholm has reached out to executives at Bank of America, Chase, Citigroup, PNC Bank and Wells Fargo, asking them directly to help prevent additional home foreclosures

August 31, 2010 - (RealEstateRama) -- The Michigan Public Service Commission (MPSC) today issued an order approving $18 million in low-income energy efficiency grants...

LANSING, MI - August 20, 2010 - (RealEstateRama) -- The Michigan Department of Agriculture’s (MDA) Environmental Stewardship Division is administering a federal migrant labor housing construction grant program on behalf of the U.S. Department of Labor (USDOL) for persons and non-profit organizations that are currently, or intend to be, licensed migrant labor housing operators. Initial grant funding decisions will be made based on applications received by August 31, 2010; however, additional grants may be awarded if funding is available.

LANSING, MI - August 18, 2010 - (RealEstateRama) -- Governor Jennifer M. Granholm today called on the nation's largest banks - Bank of America, Chase, Citigroup, PNC Bank and Wells Fargo - to participate in the Helping Hardest Hit Homeowners Fund to help homeowners seeking assistance in preventing the foreclosure of their homes

Detroit, MI - August 16, 2010 - (RealEstateRama) -- Today, downtown Detroit became home to 1,700 new faces as energized team members from Quicken Loans Inc, and its sister companies, One Reverse Mortgage LLC, Fathead LLC, In-House Realty LLC and Quizzle LLC began moving into their new home in the heart of Detroit’s rising technology district. The companies occupied the remainder of the vacant space in Detroit’s newest business complex, the Compuware building, on the North edge of Campus Martius. The building will now house a total “brainforce” of nearly 4,000 technology and web-based workers.

LANSING, MI - August 12, 2010 - (RealEstateRama) -- Gov. Jennifer M. Granholm today announced the Michigan State Housing Development Authority (MSHDA) will receive $128.4 million in additional support from the Obama Administration to help homeowners struggling to make their mortgage payments due to unemployment.

LANSING, MI - August 12, 2010 - (RealEstateRama) -- The Michigan State Housing Development Authority (MSHDA) is joining with community partners across metro Detroit when the Fifth Third Bank Homeownership Mobile (aka the "eBus") rolls into Livonia Thursday, August 12 as part of a kick-off to highlight the state's $154.5 million Hardest Hit Fund home foreclosure prevention initiative