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TRENTON, NJ - May 20, 2013 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III, Chair of the New Jersey Housing Mortgage and Financing Agency (HMFA) today announced that HMFA has received $1.1 million to support New Jersey’s foreclosure prevention counseling efforts. The funding boost will enable HMFA to provide more foreclosure counseling than ever before to New Jersey homeowners in danger of foreclosure

WASHINGTON, DC - April 15, 2013 - (RealEstateRama) -- U.S. Senator Robert Menendez, Chairman of the Senate Subcommittee on Housing, today praised HUD Secretary Donovan for moving forward on a series of measures to allow New Jersey homeowners impacted Super Storm Sandy to get back on their feet without having to face the prospect of foreclosure.

Washington, D.C. - March 4, 2013 - (RealEstateRama) -- Congressman Rob Andrews (NJ-01) and U.S. Rep. Tom Rooney (FL-16) today introduced a bipartisan plan to spur growth in the housing market and prevent unnecessary foreclosures

HADDON HEIGHTS, NJ - February 25, 2013 - (RealEstateRama) -- This week Congressman Rob Andrews announced that New Jersey residents have received $1.34 billion dollars in foreclosure relief so far from the largest mortgage abuse settlement in American history.

TRENTON, NJ - February 14, 2013 - (RealEstateRama) -- Acting Governor Kim Guadagno today announced that the New Jersey HomeKeeper Program has helped more than 2,300 New Jersey homeowners avert foreclosure since the program’s inception in May 2011. The New Jersey HomeKeeper Program is now awarding more than 250 loans each month after the Administration implemented such changes as expanded program eligibility, increased staffing, improved management and marketing, and more targeted outreach about the program.

WASHINGTON, D.C. - February 7, 2013 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Barbara Boxer (D-CA) today reintroduced legislation to help millions of responsible homeowners refinance at lower rates and save thousands of dollars each year. The Senators originally introduced this legislation in the 112th Congress.

WASHINGTON, DC - November 14, 2012 - (RealEstateRama) -- U.S. Senator Robert Menendez (D-NJ) today called on the New Jersey Attorney General to issue a moratorium that would suspend foreclosure sales and evictions, delay the initiation of any foreclosure action, waive late payment charges and put a hold on credit reporting for borrowers with homes located in eligible disaster areas. Menendez is urging swift action to expand emergency mortgage payment relief to all New Jersey homeowners who have suffered damage to their home or experienced a disruption in income as a result of Hurricane Sandy

WASHINGTON, DC - October 1, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results.

WASHINGTON, DC - September 26, 2012 - (RealEstateRama) -- U.S. Senators Robert Menendez and Frank R. Lautenberg, who fought for the more than $300 million in federal funding awarded to help New Jersey homeowners who lost their jobs avoid foreclosure, today called the continued failure by the State to effectively implement the HomeKeeper program “unconscionable.” In a third letter to the Director of the NJHMFA regarding their poor performance on behalf of homeowners, the Senators noted again that after two years – and increasing foreclosures -- the State is dead last in the nation in implementation and called for a series of immediate measures to improve results

WASHINGTON, DC - July 23, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income renters forced from their homes due to severe storms and straight-line winds last month.

WASHINGTON, DC - January 24, 2012 - (RealEstateRama) -- As Chairman of the Senate Subcommittee on Housing, Transportation and Community Development, Senator Robert Menendez (D-NJ) along with Representatives Maxine Waters (D-CA), Brad Miller (D-NC) and Luis Gutierrez (D-IL) have called on the non-partisan Government Accountability Office (GAO) to examine and investigate the design, implementation and eventual results of the foreclosure review process that the Office of the Comptroller of the Currency (OCC) and Federal Reserve are currently carrying out. Last month, Menendez presided over a hearing where he raised concerns over the fact that regulators were allowing banks under review to pick their own third party consultants to conduct the audits.