EPA Launches New Mapping Tool to Improve Public Access to Enforcement Information / Mapping feature supports the White House Regulatory Compliance Transparency Initiative and improves public access to information Release date: 09/30/2011 Contact Information: Stacy Kika (News Media Only), kika.stacy@epa.gov, 202-564-0906, 202-564-4355 WASHINGTON – The U.S. Environmental Protection Agency (EPA) today announced the release of…
NEW Communciation Tool To Stay Updated On The RRP Law
In an effort to enhance outreach and communication, EPA will soon begin to use a new communication tool, called GovDelivery, to disseminate information and updates about the Lead Renovation, Repair and Painting (RRP) program. We plan to begin sending out messages using this new tool within the next week and we invite you to sign…
University to Pay Penalty, Replace Windows in EPA Lead-Paint Case
Washington University, St. Louis, has agreed to pay a $2,778 civil penalty and spend at least $24,998 to replace old windows in its married-student housing units to settle allegations that it failed to disclose the presence of lead-based paint or lead-based paint hazards to tenants prior to the leasing of some of its other housing…
Baltimore City Landlord Pleads Guilty To Lead Paint Violations
Previously Cited by the State for numerous Lead Paint Violations and documented children with elevated Lead blood levels living in his properties. Baltimore, Maryland- Cephus Murrell, age 68, of Catonsville, Maryland, pleaded guilty today to three misdemeanor counts of violating the Toxic Substances Control Act, in connection with improper lead paint abatement at rental properties…
Investors Wanted to Rent out Government REOs
On Wednesday, the Federal Housing Finance Agency (FHFA), HUD, and the Treasury Department issued the call for private investors, industry stakeholders, and community organizations to share their recommendations on how best to manage the disposition of government-owned properties. The agencies have issued an official Request for Information (RIF) to explore alternatives for foreclosed homes held…
New Proposed Rules Will Hurt Homeowners
Over the past few weeks the real estate industry has been on high alert to fight against the well-meaning, but poorly constructed Federal Proposal which states that any Qualified Residential Mortgages (QRM) require a 10-20% downpayment or 25-30% equity to refinance. This rule (which was written to comply with the Dodd-Frank bill) does not effectively…
Federal Reserve seeks comments regarding seller financing
Federal Reserve seeks comments regarding proposed rule From THE PAPER SOURCE JOURNAL, July, 2011: The Federal Reserve, which received sweeping new authority under the Obama regulatory reauthorization, wants to effectively eliminate seller-held (a.k.a. purchase money) mortgages. It will do this by enacting a rule for the Dodd-Frank Act prohibiting property sellers from taking back a mortgage unless the buyer essentially can…
The fight against bad landlords
At National REIA our focus is on education and support, but another main focus is to increase the professionalism in our industry. Sadly, as the article below points out, there are still very bad landlords out there. “Why Investors and landlords have a bad reputation” CLEVELAND, Ohio — By some accounts, brothers Graig and Derek…
Coalition for Sensible Housing Policy Responds to Comments from Rep. Barney Frank (D-MA)
As a member of the Coalition for Sensible Housing Policy, we wanted to pass along a recent Press Release following comments from Rep. Barney Frank (D-MA). (Washington, DC) – The following statement was issued by the Coalition for Sensible Housing Policy in response to remarks made this morning by Rep. Barney Frank (D-MA): Risk retention…
Mid Year ends and Marketing and Technology is on the mind
Now that we’re all home. It’s time to start thinking about how we can implement some of the ideas we heard about at Mid Year. Marc Sherby of Diversified Investors Group (DIG) praised the event syaing, “This is my third [Mid Year] and I learn, hear, observe and get driven more each time. But attending…