Archives

Biondi On Jump In Foreclosure Filings: Corzine Out Of Touch With Middle Class

Trenton, NJ - September 9, 2009 - (RealEstateRama) -- Assembly Republican Conference Leader Pete Biondi issued the following statement in response to a Star Ledger report today that residential foreclosure complaints in New Jersey increased 43 percent in July over the same month last year:

CEO Surrenders to FBI for $11 Million Mortgage Fraud Scheme

NEWARK, NJ - September 8, 2009 - (RealEstateRama) -- David Findel is best known for his purchase of exclusive seats at a local football stadium. Now, he will be known for another reason. Today, Special Agent In Charge Weysan Dun announced the surrender of Findel, the 44-year-old President and CEO of Worldwide Financial Resources, on a single charge of wire fraud.

DCA & HMFA Welcome Washington Township to Live Where You Work Homebuyer Program

WASHINGTON TWP., N.J. - August 24, 2009 - (RealEstateRama) -- Washington Township Mayor Matthew Lyons today joined New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia at the Township Municipal Building, 523 Egg Harbor Road, to announce that Washington Township (Gloucester County) is the newest member of the Live Where You Work Program.

New Jersey Foreclosures in July 2009 Are 6% Lower Than in July 2008 Says...

There were 1,041 new foreclosures scheduled for auction in New Jersey in July 2009. This is almost equal to June 2009 (1,036) and 6% lower than in July 2008 (1,107). Newark, NJ - August 25, 2009 - (RealEstateRama) -- PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in New Jersey for July 2009.

Roselle Restaurant To Expand With Help From Main Street Business Assistance Program

TRENTON, NJ - August 17, 2009 - (RealEstateRama) -- The New Jersey Economic Development Authority (EDA) has finalized a $150,000 loan participation with the owners of a Roselle Borough restaurant under a new program established by Governor Jon S. Corzine and the state Legislature to help New Jersey businesses cope with the effects of a national economic downturn.

Filing Deadline Extended to November 2 for Senior Freeze and Homestead Rebate Applications

TRENTON, NJ - August 1, 2009 - (RealEstateRama) -- Governor Jon S. Corzine announced today that the deadline for filing 2008 “Senior Freeze” (Property Tax Reimbursement Program) and Homestead Rebate applications has been extended until November 2, 2009.

NJ Reaches Renewable Energy Milestone with 4,000th Solar Installation

Trenton, NJ - August 13, 2009 - (RealEstateRama) -- Seven years ago the state had only six solar installations.

Morris Receives First Installment Of $4.2 Million Energy Grant

Morristown, NJ - August 12, 2009 - (RealEstateRama) -- Morris County has received the first $250,000 of a $4.2 million federal block grant from the Department of Energy.

New Jersey Secures $10.2 Million in Funds for Homelessness Prevention and Rapid Re-Housing

TRENTON, NJ - August 7, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced that New Jersey has secured $10.2 million in funds from the U.S. Department of Housing and Urban Development (HUD) to put its Homelessness Prevention and Rapid Re-Housing Program into action.

DOBI Issues Cease and Desist Order Against Taylor, Bean & Whitaker Mortgage Corporation

TRENTON, NJ - August 7, 2009 - (RealEstateRama) -- The New Jersey Department of Banking and Insurance (DOBI) yesterday ordered Taylor, Bean and Whitaker Mortgage Corporation (TBW) to stop doing business in the state and began the process of revoking the company’s mortgage lending license.

Former Attorney for Atlantic City Indicted for Assigning City Tax Sale Certificates to Business...

TRENTON, NJ - August 5, 2009 - (RealEstateRama) -- Attorney General Anne Milgram today announced that a former attorney for Atlantic City has been indicted on official misconduct charges for assigning city tax sale certificates to his business partner, who used them to acquire four undeveloped properties for their real estate investment firm.

“Home Savers” and Misbehaviors! FBI Arrests Two in Foreclosure Scheme

NEWARK, NJ - August 5, 2009 - (RealEstateRama) -- It’s the type of story that is becoming increasingly more common: FBI Special Agent In Charge Weysan Dun announced today the arrests of GARTH CELESTINE, age 44, of 535 Dean Street, Apartment 515, Brooklyn, New York; and PHIL A. SIMON, age, 34, of Brooklyn – both better known collectively as “Home Savers Consulting Corporation”.

New Jersey Realtors® Remain Committed To Profession

Edison, NJ - August 4, 2009 - (RealEstateRama) -- New Jersey REALTORS® are committed to the profession, according to results from a survey commissioned by the New Jersey Association of REALTORS® (NJAR®).

Governor Corzine Announces Homestead Rebate Checks Averaging $1,300 Mailed to Senior and Disabled Homeowners...

TRENTON, NJ - July 31, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced that more than 540,000 New Jersey senior and disabled homeowners will begin receiving Homestead Rebates that average about $1,300 for most recipients. "This year's State Budget dedicates more than $1.1 billion in direct property tax relief to New Jersey homeowners and tenants," said Governor Corzine. "Despite significant reductions in spending, we were able to preserve rebates for most of last year's recipients, including all seniors."

Governor Announces One Million Applications for Restored Homestead Property Tax Rebates Being Mailed to...

TRENTON, NJ - July 28, 2009 - (RealEstateRama) -- Governor Jon S. Corzine announced today that one million middle-income New Jersey homeowners will soon receive applications for Homestead Rebates, the direct property tax relief program recently restored to the Fiscal Year 2010 Budget so that one-half of non-senior homeowners who received rebates last year could get them again this year.

Six Mortgage Industry Insiders Charged by FBI and IRS

NEWARK, NJ - July 27, 2009 - (RealEstateRama) -- FBI Special Agent In Charge Weysan Dun announced today the arrest of Daniel Verdia, Don Apolito, Jaye Miller, and Chrystal Paling (all on Tuesday, July 21), as well as the surrender of Robert Gorman and Philip Blanch (on Friday, July 24) -all in connection with a mortgage fraud scam operated out of an office in Hasbrouck Heights, New Jersey.

To Ensure Housing For The Low-Income Disabled, Menendez And Johanns Introduce New Legislation

WASHINGTON, DC - July 23, 2009 - (RealEstateRama) -- U.S. Senators Robert Menendez (D-NJ) and Mike Johanns (R-NE) – both members of the Senate Banking, Housing and Urban Affairs Committee – today introduced legislation aimed at ensuring that low-income disabled Americans have access to affordable housing options.

Governor Corzine Announces $38 Million in Federal Tax Credit Assistance for Low Income Housing...

TRENTON, NJ - July 21, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced the award of $16,165,287 in federal Low Income Housing Tax Credit funds and $22,634,105 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP).

Governor Corzine Discusses “Green Revolution”

WASHINGTON, DC - July 21, 2009 - (RealEstateRama) -- Testifying before the Senate Committee on Environment and Public Works Committee in Washington today, Governor Jon S. Corzine told the panel the U.S. is on the verge of a "green revolution."

Thompson: Seniors, Disabled Getting Much Needed Property Tax Relief, But Corzine Leaves 1.2 Million...

Trenton, NJ - July 16, 2009 - (RealEstateRama) -- In response to an announcement today by Governor Jon Corzine that property tax rebate checks are now being mailed to 129,000 senior and disabled homeowners, Assemblyman Sam Thompson said he’s pleased that segment of the state’s population is continuing to receive the same rebates as last year, but added, “It’s a sad day for the 1.2 million middle class homeowners who are having their rebates taken away by the governor and the Democrat-controlled Legislature.”

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.