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.

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.

MORRIS PLAINS, N.J. - August 26, 2009 - (RealEstateRama) -- The $8,000 tax credit for first-time buyers passed by Congress earlier this year has created an excellent opportunity for those wishing to capitalize on today’s affordable housing market.

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.

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.

MORRIS PLAINS, N.J. - August 17, 2009 - (RealEstateRama) -- Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today’s historically-low interest rates and housing affordability with the financial incentive from the government, it’s easy to see why so many first time buyers have taken advantage of this chance to realize their dream of homeownership.

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.

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

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.

Edison, NJ - August 12, 2009 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®’ (NAR) 2009 Second Quarter Metropolitan Statistical Area (MSA) Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, noted that first-time buyers are the key to successful recovery of the New Jersey real estate market.According to Grasso, “the home price data signifies an unprecedented opportunity for home purchasers, particularly first-time buyers. Single family homes, apartment and condominium units are more affordable now than they have been in years.”

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.

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.

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.

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”.

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®).

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."

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.

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.

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.

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).