Archives

Jefferson City, MO - November 25, 2009 - (RealEstateRama) -- Attorney General Chris Koster said today he is suing a Florida company that took money from distressed Missouri homeowners without providing any meaningful mortgage-modification service. Koster joined the Federal Trade Commission and the state of Iowa in taking legal action against the company

JEFFERSON CITY, MO - November 24, 2009 - (RealEstateRama) -- Gov. Jay Nixon and State Treasurer Clint Zweifel, chairman of the Missouri Housing Development Commission (MHDC), today announced a proposal to pay the first year of property taxes for income-eligible Missourians who buy a new or existing Missouri home after Jan. 1, 2010. They will take the proposal before the MHDC at its Dec. 18 meeting.

JEFFERSON CITY, MO - November 23, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel announced today a $3.4 million small business loan had been approved from the Missouri Linked Deposit Program he administers. The loan to Weber Seeds, Inc. of Marshall, Mo., is one of the largest ever issued through the Missouri Linked Deposit Program, and allowed the company to increase jobs by more than 25 percent and expand its customer base.

CAPE GIRARDEAU, MO - November 17, 2009 - (RealEstateRama) -- Russell Todd McBride, of Creve Coeur, was sentenced on a mortgage fraud scheme involving the sale of residential real estate located in Sikeston, MO, Acting United States Attorney Michael W. Reap announced today. After sentencing, the district court remanded McBride to the custody of the United States Marshals to commence serving his sentence.

WASHINGTON, DC - November 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond has introduced legislation that will increase funding to provide transitional housing for homeless veterans, calling it our nation’s sacred responsibility to support the men and women who answered America’s call to serve.

WASHINGTON, D.C. - October 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond, ranking member of the Senate Appropriations Subcommittee that funds our nation’s housing programs, today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $200,000 in federal funds to the City of Blue Springs.

WASHINGTON, D.C. - October 14, 2009 - (RealEstateRama) -- U.S. Rep. Blaine Luetkemeyer (MO-9), a member of the House Oversight and Government Reform Committee, today made the following statement on Ranking Member Darrell Issa’s call to subpoena all records and documents related to the Countrywide VIP Program in which special mortgage rates were promised to lawmakers in return for political support for what was once the nation’s largest mortgage originator

WASHINGTON, D.C. - October 14, 2009 - (RealEstateRama) -- U.S. Rep. Blaine Luetkemeyer today announced that Leasburg Senior Citizens Homes, Inc. has received a $367,292 Agriculture Department loan to preserve and revitalize exisiting rural rental housing properties.

ST. LOUIS, MO - October 8, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel was in Midtown St. Louis today to launch a recently revamped low-interest loan program he administers called the Missouri Linked Deposit Program. He outlined the expansion of the loan program while visiting LipoSpectrum, a life science start up and program borrower that uses patented technology to quickly perform lipid tests in the fight against various diseases

ST. LOUIS, MO - October 5, 2009 - (RealEstateRama) -- Milton H. Ohlsen III was sentenced to 30 months in prison on bank fraud charges after overstating his income on his home mortgage application, and in a separate case, sentenced to 30 months in prison on a firearms charge, Acting United States Attorney Michael W. Reap announced today. The sentences are to run concurrently. In addition to the prison sentence, Ohlsen was ordered to pay restitution of $99,871

SPRINGFIELD, MO - October 2, 2009 - (RealEstateRama) -- Matt J. Whitworth, United States Attorney for the Western District of Missouri, announced today that a Wichita, Kan., man and a Carl Junction, Mo., man pleaded guilty in federal court to their roles in a $1.2 million mortgage fraud scheme

Legislation moves back deadline on stimulus tax credit for men and women serving abroad. WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) -- While many American families have taken advantage of the First-Time Homebuyer Tax Credit and other benefits available through the economic recovery effort, many American heroes have been deployed overseas and thus unable to take advantage of this valuable credit to help them buy a home of their own. Today, U.S. Senator Claire McCaskill introduced a bill in the Senate to extend until November 30, 2010 the availability of this credit of up to $8,000 toward the purchase of a first home for service members deployed abroad for more than 90 days during 2009.

JEFFERSON CITY, MO - September 25, 2009 - (RealEstateRama) -- The Missouri Department of Economic Development is requesting proposals for Community Development Block Grant (CDBG) funding in areas of the state affected by weather related disasters during 2008. Only proposals for affordable rental housing projects may be submitted in this application process.