Rhode Island RealEstateRama

PROVIDENCE - February 14, 2013 - (RealEstateRama) -- The United States District Court for the District of Rhode Island has just approved the State's offer to purchase the remaining land at Rocky Point in Warwick for the development of a future State Park. The U.S. Small Business Administration (SBA), as Receiver for Moneta Capital, presented the State's offer to purchase the 82-acre property for $9.65 million to the federal District Court for final approval at a hearing held this afternoon in Providence

WASHINGTON, DC - February 7, 2013 - (RealEstateRama) -- The Department of Housing and Urban Development today allocated over $3 million in Community Development Block Grant (CDBG) Disaster Recovery funding to Rhode Island, representing the first round of CDBG grants from the Disaster Relief Appropriations Act of 2013 signed into law by President Obama on January 29. This is the fastest HUD has allocated CDBG funding to grantees following the passage of a funding bill

PROVIDENCE, R.I. - February 1, 2013 - (RealEstateRama) -- Residential Properties Ltd. announced today that it has received the Website Quality Certification (WQC) from Leading Real Estate Companies of the World®, which presents the certification to member real estate firms that demonstrate best practices in website design and Internet communications

WASHINGTON, D.C. - January 31, 2013 - (RealEstateRama) -- To support foreclosure remediation effort already underway in Rhode Island and educate new homeowners, Attorney General Peter F. Kilmartin announced a $375,000 grant to the Housing Network of Rhode Island. Funded through the National Mortgage Settlement between the five largest mortgage service providers and attorneys general nationwide, the grant will support three key areas: homeowner counseling, homebuyer education and outreach.

PROVIDENCE, R.I. - January 22, 2012 - (RealEstateRama) -- Inman News® has announced Residential Properties Ltd. Vice President of Marketing and Technology, Tom Flanagan as a member of the Inman 100, a comprehensive list of the 100 Most Influential Real Estate Leaders. This annual list recognizes industry members who personify the ideals of leadership, ingenuity, strength, conviction, power, persistence, perseverance, and progress.

WASHINGTON, DC - January 18, 2012 - (RealEstateRama) -- Key provisions championed by U.S. Senator Jack Reed (D-RI) to help protect consumers from questionable mortgage practices will be going into effect as part of the Consumer Financial Protection Bureau’s (CFPB) new rules against foreclosure abuses

PROVIDENCE, R.I. - January 10, 2012 - (RealEstateRama) -- In an effort to assist those in need during the holiday season, Residential Properties Ltd. and its five Rhode Island offices recently made generous contributions to charitable organizations such as Adopt-A-Family, Inc., Crossroads Rhode Island, The Jonnycake Center of Peacedale, Rhode Island Family Services

PROVIDENCE - December 28, 2012 - (RealEstateRama) -- The Department of Environmental Management has acquired four acres of land in Westerly that will enable the creation of an excellent fishing and boating access site on the Pawcatuck River

WARWICK, R.I. - December 12, 2012 - (RealEstateRama) -- In-person help is available in Westerly to help homeowners, renters and businesses of all sizes that were affected by Hurricane Sandy with applications for low-interest disaster recovery loans from the U.S. Small Business Administration. SBA disaster recovery loans are the primary source of federal funds for long-term recovery.

WARWICK, R.I. - December 6, 2012 - (RealEstateRama) -- Help from the Federal Emergency Management Agency is not limited only to homeowners. Renters, too, may qualify.

PROVIDENCE - December 5, 2012 - (RealEstateRama) -- In the wake of Hurricane Sandy, the Department of Environmental Management is offering guidance to property owners who need to repair or replace onsite wastewater treatment systems (OWTS) that are located in close proximity to eroding shorelines. In certain areas of the south shore, Sandy caused coastal erosion which may have undermined structures and exposed components of these systems. OWTS repair in these highly vulnerable Critical Erosion Areas, as designated by the RI Coastal Resources Management Council (CRMC), typically requires a permit from DEM and an assent from CRMC.

November 21, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin has joined a national effort by state and territorial attorneys general to urge Congress to extend tax relief for consumers who have mortgage debt canceled or forgiven because of financial hardship or a decline in housing values.

November 19, 2012 - (RealEstateRama) -- Attorney General Peter F. Kilmartin today reported on the progress made by the five mortgage service providers (Ally/GMAC, Bank of America, Citi, JPMorganChase, and Wells Fargo) at the center of the National Mortgage Settlement. According to the information provided by the five mortgage service providers, 1,019 Rhode Island homeowners have received financial relief, valued at $73,165,044. In addition, another 896 Rhode Island homeowners are in the process of receiving financial relief, including first lien modifications and refinancing

November 1, 2012 - (RealEstateRama) -- Hurricanes can threaten an individual's sense of control and feelings of safety, and they can affect many aspects of our lives. In addition to property damage and other losses, events like Hurricane Sandy can result in significant emotional distress. The toll-free Disaster Distress Helpline (1-800-985-5990) is sponsored by the Substance Abuse and Mental Health Services Association (SAMHSA).

September 25, 2012 - (RealEstateRama) -- Attorney General Kilmartin announced that approximately 5,500 Rhode Island residents who lost their primary residence due to an improper foreclosure process between January 1, 2008 and December 31, 2011 should expect to receive notice by mail with important information about how to file a claim for funds under the $25 billion National Mortgage Settlement. Those borrowers who are eligible had mortgages serviced by Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo. They are the nation's five largest mortgage servicers which agreed to the settlement with the federal government and attorneys general for 49 states and the District of Columbia.