Yearly Archives: 2009
Roe Announces $30 Million in Electric Loans from USDA to Strengthen Infrastructure in East...
WASHINGTON, DC - June 10, 2009 - (RealEstateRama) – Today, Congressman Phil Roe (TN-1) announced the Appalachian Electric Cooperative in Hamblen, Sevier and Jefferson Counties have been selected to receive funds in loans to build and repair distribution and transmission lines as well as make system improvements that will benefit customers.
Congressman Cohen Joins President Obama As Housing Relief Bill Is Signed Into Law
Washington, DC - May 20, 2009 - (RealEstateRama) — Late this afternoon, Congressman Steve Cohen (TN-09) participated in a White House ceremony with President Obama that enacted S. 896, The Helping Families Save Their Homes Act. The new law is aimed at helping homeowners and renters in the grips of the foreclosure crisis.
Four Tennessee Residents Arrested, Indicted in Mortgage Fraud Scheme
Knoxville, TN - May 19, 2009 - (RealEstateRama) — Four individuals suspected of a multi-million dollar mortgage fraud scheme in Shelbyville, Tennessee, were arrested today, without incident, by special agents of the Knoxville Division of the Federal Bureau of Investigation (FBI) Chattanooga Resident Agency and investigators with the Bedford County Sheriff's Office (BCSO).
HUD Secretary announces disaster assistance for Tennessee storm victims
WASHINGTON, DC - May 18, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to four storm-ravaged counties in Tennessee and provide support to homeowners and low-income renters forced from their homes following last month's severe storms, tornadoes, and flooding.
Roe Fights for Housing Recovery, but Not at the Expense of Consumers
WASHINGTON, DC - May 13, 2009 - (RealEstateRama) — Congressman Phil Roe (TN-1) continues to fight for fundamental reform and accountability in many ways, including reform of organizations such as Freddie Mac and Fannie Mae. However, HR 1728 makes no mention of these entities, it encourages excessive litigation for foreclosure related issues and it simply slows down the housing recovery process by undermining current efforts that are already underway.
Corker Offers Amendment to Prevent Unintended Consequences of Housing Bill: Increased Mortgage Rates, Higher...
WASHINGTON - May 5, 2009 - (RealEstateRama) — U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, today offered an amendment (#1019) to the housing bill (S. 896) to ensure servicers consider all options available to homeowners, not just modification or foreclosure.
Alexander: Fix Housing First – CNN
WASHINGTON, DC - February 3rd, 2009 - (RealEstateRama) — U.S. Senator Lamar Alexander discusses the need to fix the housing market, remove wasteful spending from the stimulus bill, and cut taxes to create jobs and jumpstart the economy on CNN.
