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U.S. Senators Bob Menendez and Cory Booker today applauded the U.S. Department of Housing and Urban Development’s (HUD) awarding of a combined $1,903.435.00 in Resident Opportunities and Self-Sufficiency (ROSS) Service Coordinator grants to assist New Jersey housing agencies and nonprofit organizations

MetLife Home Loans LLC has agreed to pay the United States $123.5 million to resolve allegations that MetLife Bank N.A. (MetLife Bank) violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) that did not meet applicable requirements, the Justice Department announced today

On February 24, Gov. Chris Christie presented his Fiscal Year 2016 budget proposal to a joint session of the New Jersey State Legislature. In his speech, Christie announced his proposed budget for the next fiscal year totals $33.8 billion and contains a 3.8 percent revenue increase due to an uptick in state economic activity leading to higher generation of state revenues. The Governor also indicated his budget proposal contains an additional $1.3 billion pension payment and calls for additional pension and benefit reforms.

Michele Siekerka, president of the New Jersey Business & Industry Association (NJBIA), will be available to provide reaction to Governor Chris Christie’s budget address on Tuesday, February 24, 2015

On Sunday, February 15, the Federal Aviation Administration released its long-awaited proposal for governing small commercial drones, setting a plan for remote-controlled aircraft to share the skies with passenger planes

Today, Congressman Frank Pallone, Jr. (NJ-06) announced that Public Housing Agencies (PHAs) located in New Jersey’s 6th District will receive a total of over $5.23 million to make improvements to public housing developments.

Acting Attorney General John J. Hoffman announced that a mortgage broker who owned a property management company in Jersey City pleaded guilty today to laundering the proceeds of a criminal scheme in which he conspired to steal more than $1.2 million from lenders by filing fraudulent mortgage applications, diverting mortgage proceeds and falsifying settlement statements

Municipal officials from across the state convened at a forum in South Jersey to explore best practices for managing vacant and abandoned problem properties Local decision makers including mayors, councilmembers, and department heads participated in the day long forum will assist them in developing a problem property strategy in their communities.

Today, the New Jersey Association of Realtors announced it has rebranded and will now be known as the New Jersey Realtors, or NJ Realtors for short. In addition to its new name, the organization has revealed a new logo and website, all designed to enhance the member and consumer experience

EATONTOWN, N.J. - October 23, 2014 - (RealEstateRama) -- Nearly two years after Hurricane Sandy, FEMA officials marked the conclusion of their housing mission in New Jersey.On September 11, 2014, FEMA returned the last of the Fort Monmouth properties that have housed displaced survivors of Hurricane Sandy since December of 2012. All of the 115 families who occupied the apartments and duplexes on the main post and in the Megill Commons area in Tinton Falls had either returned to their own homes or found a suitable housing alternative.

MONROE TOWNSHIP, N.J., - October 7, 2014 - (RealEstateRama) -- The New Jersey Apartment Association (NJAA) will host educational programs in October and November designed to help industry professionals gain knowledge and elevate their skills. NJAA offers a diverse selection of comprehensive education and certification courses throughout the year for members and non-members as part of its commitment to advancing the multi-family housing industry in New Jersey.

LINCROFT, N.J. - May 29, 2014 - (RealEstateRama) -- Millions of people enjoy living near the water, but few people actually want to live in it.

TRENTON – The Superstorm Sandy Blue Acres Program has completed 107 closings on Sandy-damaged homes in Sayreville and South River, and is moving towards the first home purchases this spring and early summer in Woodbridge, East Brunswick and Newark, Department of Environmental Protection Commissioner Bob Martin announced today

TRENTON - April 22, 2014 - (RealEstateRama) -- The Christie Administration today announced the state is closing in on the first buyouts of Superstorm Sandy-damaged homes in Woodbridge and East Brunswick, in Middlesex County, with appraisals completed and offers beginning to be made on 89 homes in Woodbridge and a 7-home neighborhood in East Brunswick

WASHINGTON, D.C. - April 22, 2014 - (RealEstateRama) -- The LLRC (Lakewood Resource and Referral Center) and STEPS (Solution to End Poverty Soon) are sponsoring a free program for first-time Ocean County homebuyers Sunday, April 27, 2014, from 2:00 to 5:00 p.m. in the Main Auditorium of the Lakewood Municipal Building, 231 Third Street, Lakewood, NJ 08701.

WASHINGTON, D.C. - April 18, 2014 - (RealEstateRama) -- Assembly Deputy Republican Leader Anthony M. Bucco said he is pleased to hear of the support for repealing the estate and realty transfer taxes which lead New Jersey residents to leave the state for a more tax-friendly climate. Bucco sponsors two bills in the Assembly (A-397 and A-389) that address both issues which he has sponsored in the previous legislative session as wel

WASHINGTON, D.C. - April 17, 2014 - (RealEstateRama) -- We are pleased to announce that Caliber Home Loans, Inc. is now New Jersey Builders Association (NJBA) Master Sponsor. Caliber Home Loans, Inc. is a full-service national mortgage lender and agency. It offers innovative servicing solutions for both conforming and non-conforming loans. The company is led by a veteran senior management team that consists of mortgage banking professionals with a history of building successful national mortgage operations. Caliber is owned by Lone Star Funds, a global private equity fund. The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, and approved issuer for Ginnie Mae and is a servicer for FHA, VA and the USDA. Caliber carries multiple servicer ratings from Standard & Poors, Moody’s, Fitch and DBRA

WASHINGTON, D.C. - April 15, 2014 - (RealEstateRama) -- Today is the final day for filing federal and state income taxes. Assembly Republican Leader Jon Bramnick said the deadline is a reminder that reducing the tax burden should be the highest priority for legislators

WASHINGTON, D.C. - April 14, 2014 - (RealEstateRama) -- A group of New Jersey members of the U.S. House of Representatives sent a letter to Secretary Shaun Donovan of the U.S. Department of Housing and Urban Development (HUD) and Acting Chair Michael Boots of the Council on Environmental Quality (CEQ) requesting that they attend a N.J. congressional delegation meeting to hear out questions and concerns from the delegation and state lawmakers as to why the process for helping homeowners recovering from Superstorm Sandy is taking so long. The lawmakers want to discuss what can be done to assist the 4,000 homeowners who still are not in their homes nearly a year and half after the October 2012 storm and what might be done to properly modify any other procedures that may be delaying reconstruction

WASHINGTON, D.C. - April 10, 2014 - (RealEstateRama) -- As the discussion continues on how to make New Jersey a more affordable place to live, work and retire, Assemblyman Jack Ciattarelli said he is requesting the Office of Legislative Services (OLS) to conduct a study that analyzes the State’s estate tax, transfer inheritance tax, and pension exclusion when filing an income tax return. Ciattarelli believes a comprehensive review of these tax laws will lead to reforms that will make New Jersey economically vibrant and more retirement friendly.