March 25, 2013 Posted by Massachusetts RealEstateRama
March 25, 2013 – (RealEstateRama) — In his annual address to the Boston Municipal Research Bureau, Mayor Thomas M. Menino today outlined City progress and goals for education, housing, economic development, youth investment and working women. Citing financial stability as the catalyst for Bostonâ€™s incredible pace of growth, the Mayor announced plans to improve quality in all Boston Public Schools; connect students and families with technology in the form of a new â€śBoston E-Litâ€ť program and increased access to the Cityâ€™s public libraries; and lay the groundwork for 30,000 new housing units by 2020.
March 2, 2011 Posted by Massachusetts RealEstateRama
Boston, MA – March 2, 2011 – (RealEstateRama) — Mayor Thomas M. Menino today announced new funding that will put the city one step closer to his goal of ending long-term homelessness. With an investment from the Citizens Bank Foundation, the Massachusetts Housing and Shelter Alliance (MHSA) has pledged $50,000 to help expand the Boston Public Health Commissionâ€™s High Utilizers of Emergency Services (HUES) to Home program, which provides housing and support services for chronically homeless people who are frequent users of the cityâ€™s emergency departments.
Attorney General Coakley Provides Testimony to Securities and Exchange Commission Regarding How to Protect Investors in Mortgage Securitizations
August 5, 2010 Posted by Massachusetts RealEstateRama
BOSTON, MA – August 5, 2010 – (RealEstateRama) — Attorney General Martha Coakley today announced that she has provided testimony to the U.S. Securities and Exchange Commission (â€śSECâ€ť) regarding how to better protect investors relating to the subprime mortgage investment crisis.
Morgan Stanley to Pay $102 Million for Role in Massachusetts Subprime Mortgage Meltdown Under Settlement with AG Coakley’s Office
June 25, 2010 Posted by Massachusetts RealEstateRama
BOSTON, MA – June 25, 2010 – (RealEstateRama) — Investment giant Morgan Stanley (Morgan) will pay $102 million to affected Massachusetts homeowners and the Commonwealth following an investigation by the Attorney Generalâ€™s Office into Morganâ€™s role in the securitization and financing of Massachusetts subprime loans, Attorney General Martha Coakley announced today.
July 30, 2009 Posted by Massachusetts RealEstateRama
July 29, 2009 – (RealEstateRama) — Mayor Thomas M. Menino today announced the Cityâ€™s new Homeownership Stabilization Campaign, a comprehensive 12-month initiative through which the City has committed to spend as much as $18 million to help Bostonâ€™s neighborhoods recoup from the nationwide foreclosure crisis. Joined by state and local housing officials, Mayor Menino described the campaign as having a two-part strategy to help retain and support existing homeowners while adding new buyers to the market through bolstered homeownership programs
June 1, 2009 Posted by Massachusetts RealEstateRama
Says City Will Apply for Additional Federal Funds to Help Move Stalled Development Projects Forward. June 01, 2009 – (RealEstateRama) â€” Mayor Thomas M. Menino today announced the City has committed to issue the first Boston Invest in Growth loans, enabling important developments to move forward in three Boston neighborhoods, including a new shopping center in Hyde Park; a neighborhood market in South Boston, and a brand new hotel in the Cityâ€™s Theater District. The three projects represent a $230 million economic investment, and are expected to generate more than 650 new permanent jobs and hundreds more construction jobs in Boston.
July 4, 2008 Posted by Massachusetts RealEstateRama
May home sales still down compared to the same time last year, but experience smallest drop since September 2007 WALTHAM, Mass. â€“Â The Massachusetts Association of REALTORSÂ® (MAR) reported today that both single-family home sales and condominium sales experienced their biggest April-to-May percentage increase in the past 10 years.