Yearly Archives: 2013

Accountable Care Associates Announces the Relocation of their New Corporate Headquarters to Downtown Springfield

WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- Accountable Care Associates today announced the relocation of its new corporate headquarters to One Monarch Place in downtown Springfield. Springfield Mayor Domenic J. Sarno, is excited by the prospect. “With the addition of Accountable Care Associates, a homegrown company, the Springfield revival continues,” Sarno stated. A ceremony will take place Thursday, March 28th at 1pm at the company’s offices on the 10th floor.

Former Quincy Man Pleads Guilty to Tax Evasion Schemes and Theft from Federal Housing...

BOSTON - March 11, 2013 - (RealEstateRama) -- A former Quincy man, now living in New Hampshire, was convicted yesterday for carrying out two elaborate tax evasion schemes and theft of federal housing assistance funds.

MassHousing Honors Top-Producing Lenders for Their Commitment to Affordable Homeownership in Massachusetts

BOSTON - March 8, 2013 - (RealEstateRama) -- MassHousing has honored its 2012 top-producing home mortgage lending partners for their commitment to low- and moderate-income homebuyers while helping MassHousing achieve a record lending year for homeownership with more than $1 billion in loans

AG Coakley Targets Financial Companies for Predatory Loan Practices, Warns Homeowners About Foreclosure Relief...

WASHINGTON, D.C. - March 8, 2013 - (RealEstateRama) -- AG’s Office Obtains $20,000 Settlement with iMod Corporation, Files Lawsuit Against Pinnacle Financial for Soliciting Massachusetts Consumers with Foreclosure Relief Scams

GOVERNOR PATRICK TOURS HORIZONS FOR HOMELESS CHILDREN HEADQUARTERS TO DISCUSS IMPORTANCE OF INVESTING IN...

BOSTON - March 6, 2013 - (RealEstateRama) -- Wednesday, March 6, 2013 – Governor Patrick today toured the Horizons for Homeless Children headquarters at the Edgerley Family Community Children’s Center in Roxbury, as an ongoing effort to promote increased investments in early education

Boston Area Landlord to Pay $75,000 and Delead Units to Resolve Fair Housing Lawsuit

BOSTON - February 28, 2013 - (RealEstateRama) -- A Boston area property owner has agreed to pay $75,000 and delead his rental units, resolving allegations that he engaged in a pattern of unlawful and retaliatory practices against tenants with young children in order to avoid his obligation to comply with state lead paint laws, Attorney General Martha Coakley announced today

Massachusetts Home Prices and Sales Continued Upward Trend in January

WALTHAM, MA - February 26, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today a strong start to the 2013 Bay State real estate market with median home prices going up for the fourth straight month with home sales also closing up for the 19th straight month. Condominium median home prices and closed sales were also up in January.

Former Executive Director of Chelsea Housing Authority Pleads Guilty to Falsely Reporting Salary

BOSTON - February 20, 2013 - (RealEstateRama) -- The former executive director of the Chelsea Housing Authority was convicted today of falsely reporting his salary in annual budgets required by the U.S. Department of Housing and Urban Development (HUD) and the Massachusetts Department of Housing and Community Development.

REALTORS® Market and Price Confidence Indexes Hit All-Time Highs to Start 2013

WALTHAM, MA - February 20, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that REALTORS® started out 2013 very confident in the real estate market as the REALTOR® Market Confidence Index (RMCI) and REALTOR® Price Confidence Index (RPCI) both hit all-time highs in January. REALTOR®-members generally believed more buyers would enter the market if interest rates were to go up at least one percentage point over the next six months

Mayor Menino Announces $8.4M to Jumpstart Affordable Housing Construction

WASHINGTON, D.C. - February 18, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino and Department of Neighborhood Development (DND) Director Sheila Dillon announced today that more than $8.4 million in affordable housing resources and tax credit funding from the Commonwealth of Massachusetts’ Office of Housing and Economic Development will jumpstart three Boston affordable housing developments: Jackson Commons in Jamaica Plain, Roxbury Crossing Senior Housing in Roxbury, and Phase One of the redevelopment of St. Kevin’s in Dorchester

Foreclosure Prevention Initiatives Provide Free Services to Struggling Borrowers as Part of AG Coakley’s...

BOSTON - February 15, 2013 - (RealEstateRama) -- Initiatives established as part of Attorney General Martha Coakley’s HomeCorps program have provided hundreds of struggling homeowners with a range of foreclosure-prevention efforts that include free legal services, financial counseling and eviction prevention across the state.

Resources from Foreclosure Counselor Training with AG’s Office

WASHINGTON, D.C. - February 14, 2013 - (RealEstateRama) -- Please find below powerpoint presentations and handouts from the February 12th training in Boston and for the February 28th training in Springfield, and important links to the Office of Consumer Affairs and Business Regulation/Division of Banks website

LIEUTENANT GOVERNOR MURRAY JOINS HUD AND HHS TO ANNOUNCE $5.3 MILLION IN SUPPORTIVE HOUSING...

WASHINGTON, D.C. - February 14, 2013 - (RealEstateRama) -- HUD’s new rental assistance program to prevent homelessness or unnecessary institutionalization for low-income persons with disabilities; Funding announcement aligns with Patrick-Murray Administration’s goals towards increasing supportive housing

AG Coakley Leads Roundtable Discussion in Lowell on Foreclosure Prevention Efforts

LOWELL - February 14, 2013 - (RealEstateRama) -- Attorney General Martha Coakley today joined Lowell Mayor Patrick Murphy, City Manager Bernard Lynch and local housing advocates for a roundtable discussion on foreclosure prevention efforts, including the AG’s first-in-the-nation HomeCorps program, which was established after the $25 billion national mortgage settlement was announced one year ago this week.

HUD and HHS Announce nearly $98 million in Section 811 Project Rental Assistance to...

WASHINGTON, DC - February 13, 2013 - (RealEstateRama) -- To prevent thousands of people with disabilities from experiencing homelessness or unnecessary institutionalization, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Health and Human Services (HHS) today announced nearly $98 million in funding for 13 state housing agencies for rental assistance to extremely low-income persons with disabilities, many of whom are transitioning out of institutional settings or are at high risk of homelessness

Recent

AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today