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Corker Says BPC Housing Reform Proposal Headed in Right Direction, Credits Report’s Focus on...

WASHINGTON, DC - February 25, 2013 - (RealEstateRama) -- Responding to a housing reform report from the Bipartisan Policy Center, U.S. Senator Bob Corker, R- Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, credited the proposal for focusing on putting “substantial private capital in front of the government” and “resolving the legal limbo” of government-sponsored enterprises Fannie Mae and Freddie Mac, which own or guarantee roughly half all mortgages in the U.S. at a total value of more than $5 trillion. Fannie and Freddie were taken into government conservatorship in 2008 and have already cost taxpayers $137 billion.

State Street Garage Construction Public Meeting Feb. 7

WASHINGTON, D.C. - February 5, 2013 - (RealEstateRama) -- A public meeting on State Street Garage construction will be held on Thursday, Feb. 7 at 5 p.m. in the East Tennessee History Center located at 601 S. Gay St.

Corker Pleased FHA is Following Through on Steps to Restore Solvency to Housing Finance

WASHINGTON, DC - January 31, 2013 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, said today he is pleased the Federal Housing Administration is following through on steps Corker requested to get FHA back to solvency

Corker Says Negative Economic Value of FHA Demands Fundamental Housing Reform

WASHINGTON, DC - November 16, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., today made the following statement regarding reports that the Federal Housing Administration has exhausted its reserves and may draw on taxpayer resources.

Haslam Announces SBA Disaster Declaration After Aug. 5 Storms

NASHVILLE - August 21, 2012 - (RealEstateRama) -- Tennessee Gov. Bill Haslam announced today the U.S. Small Business Administration (SBA) has granted his disaster declaration request for Washington and its surrounding counties after severe storms and flash flooding occurred Aug. 5, 2012.

FEMA Specialists to Offer Rebuilding Advice at Local Home Improvement Stores

CHATTANOOGA, TN - April 12, 2012 - (RealEstateRama) --Mitigation specialists from the Federal Emergency Management Agency will be in Chattanooga, Cleveland and Hixson to provide free rebuilding information Sunday, April 15, through Thursday, April 19.

Corker Introduces Bill to Responsibly Unwind Fannie and Freddie, End Dependence on Government for...

WASHINGTON, DC - November 14, 2011 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Banking, Housing and Urban Affairs Committee, today introduced the Residential Mortgage Market Privatization and Standardization Act to responsibly unwind government-sponsored enterprises Fannie Mae and Freddie Mac and end dependence on the government for housing finance.

FEMA Experts Offer Advice at Knox County Home Improvement Store

NASHVILLE, TN - June 22, 2011 - (RealEstateRama) -- Mitigation experts from the Federal Emergency Management Agency are in a Knox County home improvement store this week to answer questions and offer home improvement tips and proven techniques to prevent and lessen damage from future disasters.

Tennessee Disaster Survivors Finding Housing, Task Force Study Shows

NASHVILLE, TN - June 17, 2011 - (RealEstateRama) -- The vast majority of Tennesseans displaced from their homes by recent disasters have found places to live as they recover. This means there is no need to provide manufactured homes as temporary living space, according to two studies by a joint federal-state disaster housing task force.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR TENNESSE STORM VICTIMS

WASHINGTON, DC - May 11, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Tennessee and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and straight-line winds last month.

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

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Announcement of Maximum Effective Rate of Interest on Home Loans

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest

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