Yearly Archives: 2011

Three Men Indicted for Elaborate Mortgage Fraud Scheme in Athens

March 16, 2011 - (RealEstateRama) -- A Clarke County Grand Jury returned a three count racketeering indictment yesterday against Brian C. Dupree, Marc Canty and Rashid Wilson for conspiring to commit theft by fraudulently inflating real estate values in an Athens subdivision development


ATLANTA, GA - March 16, 2011 - (RealEstateRama) -- Twenty-nine of Dorsey Alston’s agents received recognition at The Atlanta Board of Realtors® 52nd annual...

Rep. John Lewis Defends Need for Mortgage Refinance and Forclosure Assistance

Washington D.C. - March 11, 2011 - (RealEstateRama) --Yesterday Rep. John Lewis spoke out on the floor to help save the American Dream for millions of families. Rep. John Lewis made this impassioned statement on the floor of the House yesterday in an effort to defeat this termination of support for people who need it the most. The U.S. House of Representatives was preparing to vote on the Emergency Mortgage Relief Program Termination Act (H.R. 836) and the FHA Refinance Program Termination Act (H.R. 830).

Westmoreland Votes to Terminate Expensive, Ineffective Federal Housing Program

Washington, DC - March 11, 2011 - (RealEstateRama) -- Today, Congressman Westmoreland joined a bipartisan group of his colleagues in the House to terminate the Federal Housing Authority Refinance Program Termination Act. In March 2010, without an act of Congress, the Obama administration announced the creation of the FHA Refinance Program to refinance underwater loans into the FHA using $8 billion in TARP funds. As of February 3, 2011 – almost one year into the program – only $50 million had been disbursed and only 44 loans have been refinanced.

Westmoreland Votes to Cut $1 Billion in Unnecessary Spending

Washington, DC - March 11, 2011 - (RealEstateRama) -- Today the House of Representatives passed H.R. 836, the Emergency Homeowner Relief Program Termination Act. Congressman Westmoreland joined a bipartisan group of his colleagues to support this legislation. The bill terminates the Housing and Urban Development’s Emergency Homeowner Relief Program. The program was initially created in 1975, however not funded until last July with the passage of the Dodd-Frank Act.

House Republicans Act to End Costly, Ineffective Housing Programs

Washington, D.C. - March 11, 2011 - (RealEstateRama) -- House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement after the House of Representatives voted this week to end two expensive and ineffective government foreclosure programs. The FHA Refinance Program Termination Act (H.R. 830) and the Emergency Mortgage Relief Program Termination Act (H.R. 836) would save taxpayer dollars while rolling back irresponsible government intervention in the housing market.

Foreclosure Fraud Bill Passes Out of House Committee; Attorney General Unveils Mortgage and Foreclosure...

March 1, 2011 - (RealEstateRama) -- Attorney General Sam Olens applauded today’s action by the House Judiciary (Non-Civil) Committee to recommend “Do Pass” on HB 237. HB 237, introduced by Representative Rich Golick, would prohibit misstatements with the intent to defraud during the foreclosure process. The bill would also give law enforcement, including the Attorney General, sufficient authority to investigate and prosecute violations

Rep. Brett Harrell Announces Taxation Legislation

ATLANTA, GA - February 23, 2011 - (RealEstateRama) -- State Representative Brett Harrell (R-Snellville) today announced the introduction of House Bill 291, legislation prohibiting nontax fees from appearing on property tax bills.

Athens, Georgia real estate search made simple with IDX-enabled website of Bob Allen

EUGENE, OR - February 1, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome the real estate expertise of Bob Allen to the growing network of realty professionals dedicated to serving the needs of their clients. Home seekers in Athens, Georgia can now participate and experience a dynamic online real estate search conveniently on the website of Allen. Athens Area MLS (AAMLS) listings are integrated onto Allen's search page, giving potential buyers a comprehensive database of property listings to search through. Finding a home in and around Athens has never been so easy!

Macon, Georgia home search revolutionized with IDX solution on the real estate website of...

EUGENE, OR - January 25, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Patrick Lacomb has adopted his own customizable IDX solution for his real estate website. Macon, Georgia home seekers can now find their dream home with the click of a mouse on the website Lacomb hosts. Thousands of Mid-Georgia MLS (MGMLS) detailed property listings are seamlessly integrated onto the website of Lacomb, giving potential buyers a variety of homes available for home seekers to search through


Atlanta, GA - January 24, 2011 - (RealEstateRama) -- THE REAL ESTATE COMPANY launches operations in Atlanta, offering listing side commissions as low as 1% while maintaining superior client care. Creating the next generation in real estate, THE REAL ESTATE COMPANY is founded by veteran Realtors, Erik Fortner, Otha Greer, Lee Thornton and Darrin Hunt, who have sales in excess of $200 million.

Westmoreland Named to Two Subcommittees on Financial Services

WASHINGTON, D.C. - January 19, 2011 - (RealEstateRama) -- Congressman Lynn Westmoreland today was named to two influential subcommittees on the House Financial Services Committee: the Financial Institutions and Consumer Credit Subcommittee and the Insurance, Housing, and Community Opportunity Subcommittee.

Southeastern Realty Group Becomes Real Estate Brokerage

ATLANTA, GA - January 10, 2011 - (RealEstateRama) -- As 2010 gave way to 2011, The Southeastern Home Team became the Southeastern Realty Group, Georgia's newest full-service real estate brokerage. With the brokerage comes a renewed commitment to providing a real estate experience that goes well beyond the expectations of buyers, sellers and agents.


Mayor Kasim Reed Advances $380 Million in New Transportation Infrastructure Spending...

Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.


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