Monthly Archives: December 2013
Washington Homeowners To Receive Assistance In Multi-State Ocwen Loan Servicing Settlement
OLYMPIA - December 20, 2013 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) Division of Consumer Services is pleased to announce a multi-state loan servicing settlement with Ocwen Loan Servicing, LLC, state Attorneys General and the Consumer Financial Protection Bureau.
Washington AG Ferguson holds Ocwen accountable for mortgage servicing wrongs through joint state-federal settlement
SEATTLE - December 20, 2013 - (RealEstateRama) -- Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing, have agreed to a joint state-federal settlement with Attorney General Bob Ferguson, 48 additional states and the District of Columbia, and the federal Consumer Financial Protection Bureau (CFPB).
Rebates and Expertise for Homeowners to Install Rain Gardens
WASHINGTON, D.C. - December 18, 2013 - (RealEstateRama) -- This winter is the perfect time for Tacoma residents to start thinking about gardening. Or, more specifically, about rain gardens. The City of Tacoma has launched a pilot incentive program to help homeowners design and install rain gardens. Residents throughout Tacoma may request soil testing and design assistance now, so they’re ready to plant this spring
Seattle Adopts Plan for Saving Resources in City-Owned Buildings
WASHINGTON, D.C. - December 18, 2013 - (RealEstateRama) -- The City of Seattle has adopted a Resource Conservation Management Plan (RCMP) that outlines how the City will reduce energy use in City-owned buildings 20% by 2020. A 20% energy use reduction by 2020 (compared to the 2008 baseline) would also result in utility cost savings of roughly $2.75 million per year after reaching the reduction goal.
City announces $27 Million in affordable housing investments
SEATTLE - December 17, 2013 - (RealEstateRama) -- Mayor Mike McGinn and Office of Housing Director Rick Hooper have announced over $27 million in affordable housing investments, funded primarily from the Seattle Housing Levy. The 2013 funding awards are provided to housing organizations in Seattle who will build or preserve 432 quality rental units that are rent-restricted for at least 50 years.
Council passes resolution relating to principle reduction, foreclosure
SEATTLE - December 17, 2013 - (RealEstateRama) -- City Council unanimously adopted a Resolution today relating to principle mortgage reduction and foreclosure. The resolution establishes a City of Seattle Interdepartmental Team, or IDT, which will evaluate whether principal reduction and other foreclosure prevention programs effectively provide assistance to low- income homeowners.
A reason to be thankful: Residents purchase Oak Harbor mobile-home park
OAK HARBOR, Wash. - December 3, 2013 - (RealEstateRama) -- When the homeowners in the 59-site mobile-home park formerly known as Thunderbird gathered to give thanks last week, they had something new to add to the list: They now owned the land under their homes as well
KCHA spearheads successful effort to preserve nine subdized apartment complexes in statewide effort
WASHINGTON, D.C. - December 3, 2013 - (RealEstateRama) -- When a portfolio of nine privately owned Section 8-assisted housing complexes located in five counties scattered across Washington state was offered for sale last spring, the King County Housing Authority spearheaded a collaborative effort to purchase it. The housing authorities of Bremerton, Grays Harbor County, Yakima, and Chelan County and the City of Wenatchee participated in assuring the preservation of a total of 337 homes within the various communities.
