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DSHA Increases Rental Assistance in Areas of Opportunity

To ensure that all Delawareans have more choice of where to live, the Delaware State Housing Authority is increasing available rental assistance in Areas of Opportunity across the state, allowing families with housing vouchers to move closer to employment centers, quality schools and high-growth housing markets.

DELAWARE REAL ESTATE DEVELOPER PLEADS GUILTY TO BANK FRAUD AND ENVIRONMENTAL VIOLATION

Christy Goldsmith Romero, Special Inspector General for the Troubled Asset Relief Program, and David C. Weiss, Acting United States Attorney for the District of Delaware, announced today that Joseph L. Capano, age 73, of Middletown, Delaware, pled guilty to one count of bank fraud and one count of knowingly violating the Clean Water Act. Capano faces up to 30 years of imprisonment and a $1,000,000 fine for the bank fraud charge, and 3 years of imprisonment and a $250,000 fine for the Clean Water Act charge.

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Delaware Borrowers To Benefit From National Settlement With HSBC To Address Mortgage Loan Abuses

A state-federal settlement with mortgage lender and servicer HSBC will provide direct payments to Delaware borrowers for past foreclosure abuses, loan modifications and other relief for borrowers in need of assistance, rigorous mortgage servicing standards, and grants oversight authority to an independent monitor

Markell Announces Foreclosure Mitigation Initiative and Declares June ‘Homeownership Month’

DOVER, DE - June 18, 2009 - (RealEstateRama) — Gov. Jack Markell today signed a proclamation officially declaring June as “Delaware Homeownership Month”. To help celebrate the First State’s ongoing commitment to homeownership, Governor Markell also announced the Foreclosure Mitigation Initiative – formed through a partnership among federal and state governments, local jurisdictions, legislators, financial institutions, housing counselors, and other for-profit and nonprofit organizations. The Initiative consists of three basic ideas

State Announces Foreclosure Mitigation Initiative and Homeownership Month

Washington, DC - (RealEstateRama) -- Governor Jack Markell today signed a proclamation officially declaring June as “Delaware Homeownership Month”. To help celebrate the First...

Senators Coons, Carper urge highway bill conferees to shorten multi-year transportation bill, maximize investments...

U.S. Senators Chris Coons and Tom Carper (both D-DE) today sent a letter to House-Senate conferees negotiating a final Highway and Transportation Bill compromise, urging them to focus on our nation’s crumbling infrastructure by shortening the authorization period for the bill and using the savings to maximize annual investment levels for all surface transportation programs

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REAL ESTATE MORTGAGE NETWORK, INC. EXPANDS MID-ATLANTIC PRESENCE WITH FIRST DELAWARE...

WILMINGTON, DE - June 8, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., is pleased to announce the opening of its latest branch in Wilmington, DE. As REMN’s first branch in the state of Delaware, this new location will help the company better service the needs of region’s home buyers and real estate professionals, including those that live or work in and around the southeastern Pennsylvania, southern New Jersey and eastern shore of Maryland areas, including the regions surrounding Philadelphia and Camden

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