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WASHINGTON, D.C. - July 15, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) announced today that Memphis Area Legal Services, Inc., has been awarded $422,000 in funding to help prevent an estimated 100 local veterans and their families from falling homeless and find housing for those that already have. Today’s grant funding is through the U.S. Department of Veterans Affairs’ Supportive Services for Veteran Families (SSVF) Program.

WASHINGTON, D.C. - July 12, 2013 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking Committee, released the following statement on reports of progress in the House Financial Services Committee to reform the system of housing finance and wind down Fannie Mae and Freddie Mac

WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all members of the Senate Banking, Housing and Urban Affairs Committee, today introduced legislation to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns

WASHINGTON, DC - June 25, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all members of the Senate Banking, Housing and Urban Affairs Committee, are introducing legislation today to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns. The bill is drawing broad support from stakeholders and industry experts

NASHVILLE, TN - June 25, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced last Tuesday they will provide $40 million in additional funding to housing counseling agencies across the country. The HUD grants ensure housing counselors are available to help individuals and families make informed housing decisions through prepurchase and foreclosure counseling.

MEMPHIS, Tenn. - June 10, 2013 - (RealEstateRama) -- Memphis-area home sales for May increased 1.6 percent from a year ago, with 1,473 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales increased 6.3 percent from April. Average sales price year-over-year rose 10.6 percent at $139,779. Inventory was flat with 6,483 units listed for sale. Sales volume YTD increased 18.9 percent to $825.6 million

NASHVILLE, TN - June 4, 2013 - (RealEstateRama) -- Saturday marked the beginning of National Homeownership Month- an annual recognition of the important role housing plays in creating jobs, maintaining viable communities, providing stability for families, and contributing to the economy

MEMPHIS, TN - June 3, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) announced today that HUD will provide $358,506 in grants to the Memphis VA Medical Center to offer permanent supportive housing to homeless veterans.

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that a Nashville, TN, apartment complex will pay more than $170,000 as part of asettlement resolving allegations that it discriminated against Hispanic tenants based on their national origin

MEMPHIS, TN - April 29, 2013 - (RealEstateRama) -- The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2012 at the 12th Annual Pinnacle Awards gala held April 25 at the Memphis Country Club. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Henry W. Morgan, of Boyle Investment Company; Commercial Broker of the Year Andy Cates, of Colliers International Asset Services; and International Paper, winner of the Community Impact Award.