Yearly Archives: 2009
DEED Awards $3.8 Million to Help Cities Redevelop Blighted Sites
ST. PAUL, MN - April 14, 2009 - (RealEstateRama) — The Minnesota Department of Employment and Economic Development (DEED) has awarded $3.8 million in grants for nine projects to help offset the costs of reclaiming and redeveloping blighted property.
Post-flood advice: Call lender about mortgage payments
St. Paul, MN - April 09, 2009 - (RealEstateRama) — Officials at the Minnesota Department of Commerce today urged homeowners affected by the flooding in northwest Minnesota to begin communicating immediately with their lenders about their mortgage payments. The sooner banks and mortgage holders know about an emergency financial situation, the easier it might be to negotiate an alternative payment plan.
Minnesota CU Network helps stem state foreclosures
SAINT PAUL, MN - March 30, 2009 - (RealEstateRama) — As foreclosures and their consequences continue to spread across the state and the nation, the Minnesota Credit Union Network (MnCUN) has teamed up with the Minnesota Home Ownership Center to provide credit unions access to a certified network of foreclosure counselors to help struggling members.
MPCA Advises Home, Business Owners to Prepare for Possible Flooding
Detroit Lakes, MN - March 23, 2009 - (RealEstateRama) — As residents of the Red River Valley continue flood preparations, homeowners and business owners should take steps now to prevent hazards associated with heating fuel oil tanks in basements or lower levels.
Attorney General Files Suit To Halt Further Sales By Building Salesman
March 20, 2009 - (RealEstateRama) — Minnesota Attorney General Lori Swanson today filed a lawsuit against a North Dakota man who charged Minnesota farmers and small businesses at least $265,375 for the sale of steel farm buildings and storage buildings that he failed to deliver.
Mn/DOT announces local transportation stimulus projects
March 13, 2009 - (RealEstateRama) — Mn/DOT today announced city and county road and bridge projects in Greater Minnesota that will be fast- forwarded with transportation funding from the federal economic stimulus package
Preliminary census numbers show historic low for new housing units
ST. PAUL, MN - March 11, 2009 - (RealEstateRama) — – The seven-county Twin Cities metropolitan area tallied only 4,458 new housing units in 2008, according to preliminary data for new residential construction from the U.S. Census Bureau.
Smoke Alarms Save Lives – But Only if they Work
ST. PAUL, MN - March 10, 2009 - (RealEstateRama) — As Daylight Saving Time begins this weekend, it’s time to “Change Your Clock, Change Your Batteries.” The campaign, sponsored by the International Association of Fire Chiefs and the makers of Energizer batteries, was created 22 years ago after statistics showed that non-working smoke alarms too often contributed to home fire fatalities
‘Cram-down’ Will Add Uncertainty to Market, Increase Mortgage Costs
WASHINGTON - March 06, 2009 - (RealEstateRama) — Congressman John Kline issued the following statement today after opposing H.R. 1106, mortgage “cram-down” legislation that passed today in the U.S. House of Representatives
MINNESOTA AWARDED $2.25 MILLION BY THE JOHN D. AND CATHERINE T. MACARTHUR FOUNDATION TO...
Investment Aimed at Preserving Affordable Housing for an Estimated 12,000 Minnesota Families
Saint Paul, MN - February 27, 2009 - (RealEstateRama) — Minnesota Housing announced today that $2.25 million has been awarded by the John D. and Catherine T. MacArthur Foundation to help ensure the preservation of affordable housing for an estimated 12,000 Minnesota families.
Senator Clark, Representative Davnie, And Attorney General Lori Swanson Announce Reverse Mortgage Legislation
Attorney General also warns seniors to be sure to fully understand complex mortgage product
February 09, 2009 - (RealEstateRama) — Assistant Senate Majority Leader Tarryl Clark (St. Cloud) and Representative Jim Davnie (Minneapolis),
Attorney General Lori Swanson Expands Litigation Against Fraudulent Foreclosure Consultants And Issues Warning To...
Minnesota Legislators and Attorney General also propose legislation to tighten laws and stop new breed of mortgage modification companies that prey on homeowners in trouble