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Washington, DC - May 17, 2012 - (RealEstateRama) -- Congressman David Scott , in partnership with the U.S. Departments of Treasury and Housing and...

WASHINGTON, DC - May 4, 2012 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development (HUD), the U.S. Department of the Treasury, and the U.S. Department of Agriculture (USDA) hosted a White House Forum on Housing to discuss programs and initiatives promoted by the Obama Administration that help responsible homeowners and struggling communities hit hardest by the housing crisis. The White House Housing Forum convened Georgia housing officials, regional and local leaders, housing and development alliances and community advocates in the Eisenhower Executive Office Building this afternoon for the discussion

ATLANTA, GA - March 16, 2012 - (RealEstateRama) -- The Georgia Senate has passed a local homestead option sales tax legislation authored by Senate Majority Leader Chip Rogers. This plan could eliminate the County portion of the property tax for Cherokee homeowners

ATLANTA, GA - March 13, 2012 - (RealEstateRama) -- Sen. Jesse Stone (R-Waynesboro) presented HB 110 to standardize state-wide vacant property registries in the Senate today. The bill passed with a vote of 33-15.

ATLANTA, GA - February 27, 2012 - (RealEstateRama) -- A group of mortgage fraud conspirators were sentenced to prison by U.S. District Court Judge Julie Carnes today in federal district court on multiple charges relating to a reverse mortgage scheme targeting the elderly. Kelsey Torrey Hull, 39, of Lithonia, Ga.; Jonathan Alfred Kimpson, 28, of Lithonia; James Michael Green, 44, of Lilburn, Ga.; Herbert Bush, 31, of Atlanta; Wilbur “Sonny” Letak, 44, of Atlanta; and Kevin Claude Barnett, 28, of Atlanta were all sentenced for their roles in the scheme.

ATLANTA, GA - February 20, 2012 - (RealEstateRama) -- State Representative B.J. Pak (R-Lilburn) today announced the introduction of House Bill 997, which protects law enforcement personnel and other public servants from the growing problem of having false liens filed against their personal property by individuals calling themselves “sovereign citizens.”

ATLANTA, GA - February 16, 2012 - (RealEstateRama) -- In light of the recent announcement from Attorney General Sam Olens, Sen. Mike Crane (R-Newnan) is providing his constituents with the necessary information to determine eligibility for receiving benefits from a landmark federal-state foreclosure settlement. Georgia’s estimated share of the $25 billion agreement with Bank of America, JP Morgan Chase, Wells Fargo, Citi and Alli/GMAC is $817.7 million

Washington, DC - February 15, 2012 - (RealEstateRama) -- Federal and state governments recently settled a major agreement with the country’s five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.

Atlanta, GA - January 19, 2012 - (RealEstateRama) -- an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Anthony Ruffolo aka Ronnie Tony Ruffolo of Roswell, Georgia became final

Atlanta, GA - January 16, 2012 - (RealEstateRama) -- On January 12, 2012, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Real Estate Acquisition & Development, LLC located at 130 Lakeview Ridge West, Roswell, Georgia 30076 became final.

Atlanta, GA - January 16, 2012 - (RealEstateRama) -- On January 6, 2012, the Georgia Department of Banking and Finance’s (“Department’s”) Notice of Intent to Revoke Annual License of Citizens First Mortgage Solutions, Inc., located at 2330 Scenic Highway, Suite 111, Snellville, Georgia 30078, mortgage broker’s license number 15287, Nationwide Mortgage Licensing System (“NMLS”) number 169620, became final

Atlanta, GA - December 28, 2011 - (RealEstateRama) -- On December 21, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to National African American Relationships Institute, Inc. (NAARI) dba NAARI Housing Counseling Agency dba naarihousingcounselingagency.com dba aarelationshipinstitute.com located at 1399 Montreal Road, Tucker, Georgia 30084 became final.

Atlanta, GA - December 12, 2011 - (RealEstateRama) -- On December 7, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Fortune Mortgage Company, Inc. dba Fortune Mortgage Corp. dba Fortune Group located at 2100 Smallman Street, Pittsburgh, PA 15222 became final.

Atlanta, GA - December 12, 2011 - (RealEstateRama) -- On December 7, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Homeowners Assistance Corporation dba myloanmod.biz located at 2920 Marietta Highway, Suite 124, Canton, GA 30114 became final.

December 7, 2011 - (RealEstateRama) -- Effective January 1, 2012, the Georgia “Illegal Immigration Reform and Enforcement Act of 2011” requires all applicants for real estate licensure or appraiser classification, and those applying for renewal of an existing license or classification, Appraisal Management Companies, Instructors, and School Directors to submit to the Georgia Real Estate Commission (GREC):