Archives

November 17, 2010 - (RealEstateRama) -- After meeting with mayors and other local officials at the New Jersey State League of Municipalities' annual convention, Assemblyman Domenick DiCicco said the need for property tax reform has never been more urgent.

November 15, 2010 - (RealEstateRama) -- Assembly Republican Conference Leader Jon Bramnick said Monday’s scheduled Assembly committee hearings are more noteworthy for bills that are not listed on the panels’ agendas instead of the items that will be considered. Six committees will convene, but none will be evaluating any of the property tax reform legislation contained in the Tool Kit.

November 15, 2010 - (RealEstateRama) -- Assembly Democrats have cancelled four committee meetings on Monday, while the other six will consider 19 bills, none of which deals with the property tax reform measures contained in Governor Christie’s Tool Kit. Assembly Republican Leader Alex DeCroce, R-Morris and Passaic, said today it can’t be any clearer that the majority party does not believe that the issue of property taxes is the number one priority of New Jersey taxpayers.

November 8, 2010 - (RealEstateRama) -- Noting that Assembly committees are considering nearly 40 pieces of legislation today, none of which deals with Governor Christie’s property tax reform Tool Kit that will provide sustained relief to taxpayers, Assembly Republican Leader Alex DeCroce and Conference Leader Jon Bramnick said it is disgraceful that Democrat leaders continue to waste valuable time by failing to consider the key parts of the Tool Kit package.

November 5, 2010 - (RealEstateRama) -- Assemblymen John Amodeo and Vince Polistina, both R-Atlantic, said today that taxpayers should be outraged that none of the proposals to fix New Jersey’s broken property tax system are scheduled to be heard by an Assembly committee on Monday

November 5, 2010 - (RealEstateRama) -- Assembly Republican members Alison Littell McHose and Gary Chiusano, both R-Sussex, Morris, and Hunterdon, issued the following statements regarding Monday’s Committee hearings in which Democrat leaders again failed to post property tax reform Tool Kit legislation:

November 5, 2010 - (RealEstateRama) -- With four Assembly committees cancelling their meetings on Monday and no property tax reform Tool Kit legislation under consideration by the remaining panels, Assembly Republican Domenick DiCicco, R-Gloucester and Camden, today said Democrats continue to ignore their responsibility to provide relief to homeowners who pay the highest property taxes in the country.

November 5, 2010 - (RealEstateRama) -- Assembly Democrats are doing nothing to help property taxpayers and local officials deal with senseless court-ordered affordable housing mandates and other property tax drivers when a hard property tax cap is set to begin in less than two months, Assembly Republican Whip David Rible said today.

November 1, 2010 - (RealEstateRama) -- If New Jersey expects towns to hold the line on property taxes, it should end an outdated salary-arbitration process for police and firefighters. Gov. Christie has offered a reasonable plan to do that and help municipalities live with an austere 2 percent annual property-tax hike cap. It would set the same 2 percent limit for all public-employee economic compensation packages, including benefits such as health insurance.

Trenton, NJ - November 1, 2010 - (RealEstateRama) -- The Christie Administration today announced it is moving forward with a comprehensive plan to enact fiscal discipline and promote the prudent use of scarce property tax dollars by capping salaries for superintendents. The regulations, announced in July, will result in a salary reduction for more than 360 school superintendents who serve school districts with low numbers of students.

November 1, 2010 - (RealEstateRama) -- With Assemblyman Paul Moriarty saying that legislation to prevent lobbyists from benefiting from taxpayer-paid pensions and health benefits “is a no brainer,” Assemblyman Domenick DiCicco today said the Assembly Democrat should explain why it’s taken Moriarty, who has served in the Assembly for four years, to finally introduce the bill.

October 29, 2010 - (RealEstateRama) -- The deadline for homeowners to file 2009 Homestead Benefit applications has been extended to Jan. 3, 2011, to allow more people to file, Treasurer Andrew Sidamon-Eristoff announced. The old deadline was Nov. 1

MEDFORD TWP., N.J. - October 26, 2010 - (RealEstateRama) -- Representatives from the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to celebrate the completion of 36-unit affordable senior apartments. Medford Senior Housing is a housing development located at 8 Jones Road in Medford Township. The HMFA, an affiliate of the Department of Community Affairs, provided the mortgage and tax credit funding for the project.

October 13, 2010 - (RealEstateRama) -- Assemblywoman Mary Pat Angelini, R-Monmouth, issued the following statement regarding the October 14, 2010 Assembly Committee schedule which again does not include any property tax reform Tool Kit legislation

NEWARK, NJ - August 12, 2010 - (RealEstateRama) -- Eliyahu Weinstein, aka “Eli Weinstein,” was arrested at his home this morning by federal agents on charges that he ran an investment fraud scheme causing losses of at least $200 million, U.S. Attorney Paul J. Fishman announced.

TRENTON, NJ - August 2, 2010 - (RealEstateRama) -- New Jersey Department of Banking and Insurance (DOBI) Commissioner Tom Considine on July 27, 2010 extended the processing deadline for hundreds of mortgage bankers, brokers, solicitors and other lenders who are transitioning their licenses to comply with the new mortgage licensing law.

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.

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.

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.

TRENTON, NJ - April 29, 2010 - (RealEstateRama) -- Attorney General Paula T. Dow and Division of Law Director Robert Hanna announced today that a New Jersey loan modification company and its owners have agreed to an $11.45 million judgment to settle civil charges they defrauded homeowners who sought help in staving off mortgage foreclosure.