WASHINGTON, D.C. - July 28, 2010 - (RealEstateRama) — U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that counties and municipalities across New Jersey will receive $24,195,998 for various housing and community revitalization programs. The grants, administered through the Department of Housing and Urban Development (HUD), are part of four initiatives: The Community Development Block Grant (CDBG) program, the HOME Investment Partnership, the Emergency Shelter Grants (ESG) program, and the Housing Opportunities for Persons With AIDS (HOPWA) program. more »

TRENTON, N.J. - July 13, 2010 - (RealEstateRama) — New Jersey Department of Community Affairs’ (DCA) Commissioner Lori Grifa today announced that the New Jersey Housing and Mortgage Finance Agency’s (HMFA) Board approved a financing commitment from the state’s Special Needs Housing Trust Fund to a non-profit mental health organization to develop Marilyn’s Hope, a community-based residential facility in Morris County for mental health consumers. more »

TRENTON, NJ - June 30, 2010 - (RealEstateRama) — Attorney General Paula T. Dow announced today that a New Jersey loan modification company and its owners have agreed to a judgment of $5,051,253 to settle civil charges they defrauded homeowners who sought help in avoiding mortgage foreclosure. more »

NEWARK, NJ - June 22, 2010 - (RealEstateRama) — Three members of an alleged mortgage fraud scheme that falsely promised to help homeowners facing foreclosure keep their homes and repair their damaged credit were arrested this morning on wire fraud conspiracy charges, U.S. Attorney Paul J. Fishman announced. more »

Westfield, NJ - June 18, 2010 - (RealEstateRama) — Seven commercial properties throughout the New Jersey, including four former bank branches, will hit the auction block simultaneously on July 15. more »

TRENTON, NJ - June 16, 2010 - (RealEstateRama) — Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor today announced charges against a Kearny woman who allegedly orchestrated a scheme to steal millions of dollars by obtaining mortgage loans using false identities and counterfeit documents. more »

Washington, D.C. - June 10, 2010 - (RealEstateRama) — Today, Congressman Donald M. Payne voted to help families realize the dream of homeownership, save taxpayers money and protect Americans from mortgage fraud by instituting reforms to the Federal Housing Administration (FHA). more »

TRENTON, NJ - June 2, 2010 - (RealEstateRama) — U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) and Rep. Rush D. Holt (D-12) joined Housing and Urban Development (HUD) Secretary Shaun Donovan and Trenton Mayor Douglas H. Palmer in announcing $22 million in federal HOPE VI funding for the Miller Homes revitalization effort. The existing buildings will be demolished and will be replaced with 309 units – both on and off site. The project is estimated to create approximately 120 construction jobs and 20 permanent jobs. more »

JERSEY CITY, NJ - June 2, 2010 - (RealEstateRama) — U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ), Rep. Albio Sires (D-13), Housing and Urban Development (HUD) Secretary Shaun Donovan and Jersey City Mayor Jerramiah Healy today announced $9.7 million in federal HOPE VI funding for the A. Harry Moore revitalization effort. The existing buildings will be demolished and will be replaced with 299 units – both on and off site. This will be Jersey City’s third HOPE VI grant, with the previous two totaling more than $65 million. more »

Groups aim to help N.J. residents focus on financial literacy and the basics of buying a home

EDISON, N.J. - June 2, 2010 - (RealEstateRama) — The New Jersey Association of REALTORS^® Housing Opportunity Foundation, Inc. (NJARHOF) is proud to announce its latest endeavor to educate and empower New Jersey’s consumers. Through its Helping Hands Towards Homeownership program, NJARHOF will be partnering with the Somerset County Coalition on Affordable Housing (SCCOAH) and TD Bank to present a financial literacy workshop on June 9th and June 16th at the Hunterdon/Somerset Association of REALTORS^®‘ office. more »

Clinton, NJ - May 28, 2010 - (RealEstateRama) — More than $4 million in real estate notes secured by commercial and residential properties in New Jersey and Pennsylvania will be sold in an on-line auction on June 8 and 9. more »

Feel like beachfront royalty for far less than you would ever expect.

Clinton, NJ - May 28, 2010 - (RealEstateRama) — Take your pick of the 24 oceanfront luxury condominiums at Royal Beach at Wildwood Crest that will be auctioned off Saturday, June 26, with bids starting at just $125,000. Max Spann Real Estate & Auction Co., an industry-leading, full-service national auctioneer, has scheduled an auction for 1 p.m. at Harrah’s Resort, 777 Harrah’s Blvd, Atlantic City, NJ. more »

TRENTON, N.J. - May 13, 2010 - (RealEstateRama) — New Jersey Department of Community Affairs’ (DCA) Acting Commissioner Lori Grifa today announced that the New Jersey Housing Mortgage Finance Agency (HMFA) has been awarded a $966,407 federal grant to support foreclosure prevention efforts statewide. The funding will enable participating agencies across the state to provide more foreclosure counseling to households in danger of losing their homes. more »

Trenton, NJ - May 13, 2010 - (RealEstateRama) — The League has long championed a thorough reform of the Fair Housing Act, and advocated for a sustainable housing policy for all our communities, urban, suburban and rural. For well over a decade, New Jersey’s housing policy has failed our families and failed our taxpayers. more »

LAKEWOOD TWP., N.J. - May 10, 2010 - (RealEstateRama) — Lakewood Township Mayor Steven Langert today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Lakewood Municipal Building, 231 Third Street, to announce that the township is the newest member of the Live Where You Work program. Lakewood is the 30th municipality to partner with the HMFA on this workforce housing initiative. more »