Yearly Archives: 2010

BEVERLY HILLS, CA - December 28, 2010 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company has refinanced The Onyx Apartments, a 400-unit multifamily community in Redmond, Washington. The Onyx is owned in a partnership with the LeFrak Organization. The partnership, which is a 50/50 venture between Kennedy Wilson and the LeFrak Organization, includes a total of 2,912 apartment units, all of which were purchased in 2010. The $42.5 million Onyx financing has a seven-year term and carries a fixed interest rate of 4.67%. Wells Fargo Multifamily Capital, through its Fannie Mae DUS lending program, served as the lender on the transaction

Olympia, WA - December 24, 2010 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) is pleased to announce a settlement has been reached in a consumer protection case regarding Countrywide Home Loans (CHL) that has been ongoing for more than two years

EUGENE, OR - December 8, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce that Tim McIntyre has recently enabled his real estate website with a custom IDX solution, syncing thousands of Metropolitan Regional Info Systems (MRIS) listings directly on his search page. By adopting IDX Broker software, McIntyre has upgraded the search capabilities of his website. It is now easier than ever before to find the perfect home in Washington DC and surrounding areas, with the tools available on the website McIntyre hosts. By utilizing the incredible IDX solution on his page, home seekers can engage in the most comprehensive and interactive real estate searches online.

SEATTLE, WA - December 2, 2010 - (RealEstateRama) -- The start of the wet season has begun in Seattle and heavy rain can increase the chance of landslides due to soil saturation, which reduces slope stability. Property owners of landslide-prone sites are advised to clear drains and take other simple preventive measures, such as: checking downspouts, to make sure they are functioning and routed to a safe location; and inspecting sloping areas of their property for indications of slope movement (such as cracks in the ground, and newly tilting trees) and erosion.

EUGENE, OR - November 24, 2010 - (RealEstateRama) -- IDX, Inc. announces today that Seattle, Washington real estate agent Megan Thomas, has joined the growing network of dedicated real estate professionals by adopting a custom IDX solution. Her revolutionary website now seamlessly integrates Northwest MLS (NWMLS) listings onto her search page to make finding a home around Seattle simpler. Thomas is a leader in helping match buyers with properties, and now her website reflects that. By adopting IDX Broker software Thomas has solidified her real estate business and its online presence.

SEATTLE, WA - November 18, 2010 - (RealEstateRama) -- A cul-de-sac of new homes tucked behind a new multifamily apartment building at the corner of South Rose Street and Rainier Avenue South was on the verge of becoming another fatality of the foreclosure epidemic sweeping the nation.

EUGENE, OR - November 12, 2010 - (RealEstateRama) -- Today IDX, Inc. welcomes Mike Mondy to the growing network of real estate agents and brokers updating their professional websites with a customizable IDX solution. Mondy has adopted the IDX Broker software in an effort to effectively sync Metropolitan Regional Info System (MRIS) listings onto his search page. By doing so, Mondy can enable his clients and other potential buyers around the Washington DC area to participate in a unique online property search experience. The IDX solution Mondy has utilized has simplified the real estate search process for himself and for home seekers around the nation.

SEATTLE, WA - November 9, 2010 - (RealEstateRama) -- The start of the wet season has begun in Seattle and heavy rain can increase the chance of landslides due to soil saturation, which reduces slope stability. November is Seattle’s wettest month. Since Nov. 1, 2.51 inches of rain has fallen at Sea-Tac Airport—exceeding the seasonal average by 1.2 inches, and pushing the area over the landslide threshold.

OLYMPIA, WA - November 5, 2010 - (RealEstateRama) -- The Washington Supreme Court issued a decision today in which justices unanimously agreed with the Washington Attorney General’s Office that the financial privacy provisions of the federal Gramm-Leach-Bliley Act (GLBA) don’t preempt the state Public Records Act. The ruling also clarified that information about individual mortgage borrowers is still protected as intended under federal law due to exemptions set forth under state law.

November 4, 2010 - (RealEstateRama) -- The entire 24-acre Capehart Housing Area at Discovery Park became the property of the City on Friday, October 22, 2010. The $11.1 million purchase was funded by a combination of state and county grants, as well as from proceeds from the sale of surplus City property

OLYMPIA, WA - November 2, 2010 - (RealEstateRama) -- The Attorney General’s Office today settled a lawsuit against the Master Builders Association of King and Snohomish Counties (MBA-K&S) for violating the state’s campaign finance disclosure law.

VANCOUVER, WA - October 25, 2010 - (RealEstateRama) -- A Vancouver-based exterior home remodeler that allegedly built up sales by misleading customers agrees to comply with state consumer protection laws. Northwest First Choice settled claims brought by the Washington Attorney General’s Office.

October 19, 2010 - (RealEstateRama) -- Doug Lasher, Clark County Treasurer, stated that second-half 2010 property taxes are due on Monday, November 1, because October 31 falls on a Sunday this year. “If you have not received your 2010 second-half tax statement or have lost it, you can visit our web site at www.clark.wa.gov/treasurer or call 397-2252 for a duplicate statement.”

SEATTLE, DC - October 18, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today released its 2009 Seattle Metropolitan Area Housing Survey, the most comprehensive analysis of the area's housing stock since the Department's last substantive assessment in 2004. HUD estimates that there were nearly 1.5 million housing units in King, Pierce and Snohomish Counties in 2009, more than 15 percent of which were constructed since 2000 (see attached data).

SEATTLE, WA - October 13, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna announced today that his office has uncovered evidence that suggests foreclosure trustees are ignoring consumer protection laws in Washington, adding a new layer to a stack of problems reported in the mortgage-servicing industry. He sent letters today to 52 trustees outlining his concerns and calling on them to suspend any questionable foreclosures in the state.

SEATTLE, WA - October 13, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna and Scott Jarvis, director of the state Department of Financial Institutions, announced that they have joined attorneys general and banking regulators nationwide in forming a multistate group to investigate whether mortgage servicers have improperly submitted affidavits or other documents related to foreclosure in their states

OLYMPIA, WA - October 6, 2010 - (RealEstateRama) -- Washington Attorney General Rob McKenna announced today a settlement with Wells Fargo Bank that provides loan modifications for residents in Washington and seven other states who obtained problematic mortgages from Wachovia Bank and Golden West Corp., which did business as World Savings Bank.

Olympia, WA - September 29, 2010 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) Division of Securities obtained a Preliminary Injunction in King County Superior Court against the Seattle-based Chesterfield Mortgage Investors, Inc. (CMI). A receiver, Mel R. Codd, was appointed for CMI.

EUGENE, OR - September 21, 2010 - (RealEstateRama) -- John Day and IDX, Inc. have teamed up to upgrade the real estate website of Day with his own personalized IDX Broker software. Now, Metropolitan Regional Info Systems (MRIS) listings are automatically displayed on his unique search page. This integration of thousands of MRIS properties gives Day an unprecedented advantage in customer service. His website quickly and simply finds potential buyers homes in and around the Washington D.C. metropolitan area.

Vancouver, WA - September 8, 2010 - (RealEstateRama) -- Reserved space is still available for Clark County’s Aging Readiness task force workshop next week, when the panel will seek public ideas and professional expertise about the community’s current situation and future needs regarding housing.