News

WASHINGTON, D.C. - February 15, 2012 - (RealEstateRama) -- Kevin Kelly, a Delaware builder and developer with more than 30 years of experience in the building industry, was elected as the 2012 Second Vice Chairman of the Board of the National Association of Home Builders (NAHB) during the association’s International Builders’ Show in Orlando.

Wilmington, AR - February 13, 2012 - (RealEstateRama) -- The men and women serving in America’s military will gain important new protections under the multistate mortgage foreclosure settlement reached this week, Delaware Attorney General Beau and two federal officials said today. Biden, whose office took the lead in advocating for and negotiating the new military protections in the landmark settlement, was joined on a national media call by Assistant U.S. Attorney for Civil Rights Tom Perez, and Holly Petraeus, Assistant Director for the Consumer Financial Protection Bureau’s Office of Servicemember Affairs.

Wilmington, DE - January 19, 2012 - (RealEstateRama) -- Attorney General Beau Biden was joined by a bipartisan coalition of legislators and advocates today to mark the launch of Delaware’s mandatory foreclosure mediation program. The program, which becomes operational Thursday, was established last year as part of a legislative package developed by Biden’s office and legislators to respond to the foreclosure crisis in Delaware. It is modeled after successful programs in other states and jurisdictions, including the City of Philadelphia and the state of Connecticut.

Wilmington, DE - June 17, 2011 - (RealEstateRama) -- The Attorney General’s Mortgage Fraud Task Force is sponsoring free statewide housing workshops on June 17 in Georgetown and Dover and June 18 in Wilmington to help Delawareans who are at risk of losing their homes to foreclosure. The workshops, which are sponsored in conjunction with the State Bank Commissioner and Delaware State Housing Authority, are offered to facilitate loan modifications, reduce foreclosures, and provide educational information to help residents stay in their homes and manage debt

Dover, DE - April 13, 2011 - (RealEstateRama) -- Delaware Insurance Commissioner Karen Weldin Stewart, CIR-ML, through a letter sent by her Department to the Federal Housing Finance Agency (FHFA), expressed serious concerns regarding an Advance Notice of Proposed Rulemaking (ANPR) issued by the FHFA.

DOVER, DE - March 31, 2011 - (RealEstateRama) -- The Delaware Energy Office and the Kent County Levy Court, Department of Planning Services, Division of Inspection and Enforcement, in conjunction with co-sponsor Northeast Energy Efficiency Partnerships (NEEP), will hold two days of energy code compliance training for code officials, design professionals and builders/remodelers from 8:30 a.m. to 3:30 p.m. on Tuesday and Wednesday, April 19 and 20. The training will be held at the Kent County Administration Building, 555 Bay Road in Dover

Dover, DE - March 17, 2011 - (RealEstateRama) -- Attorney General Beau Biden and bipartisan coalition of legislators unveiled five bills today to respond to the home foreclosure crisis in Delaware and help the economy grow . Recent years have seen a record pace of foreclosures in Delaware, with more than 22,000 foreclosure filings since 2007. The state is expected to see another record year in 2011, surpassing the 2010 mark of 6,400 filings.

WASHINGTON, DC - March 2, 2011 - (RealEstateRama) -- Today, Sen. Tom Carper (D-Del.), Chairman of the Subcommittee on Federal Financial Management, applauded the Obama Administration's announcement to streamline the portfolio and reduce the management cost of federal property. Sen. Carper plans to introduce legislation in the coming weeks to help achieve the cost savings goals set forth by the President in his budget proposal and in executive orders.

DOVER, DE - February 17, 2011 - (RealEstateRama) -- Delaware Department of Natural Resources and Environmental Control Secretary Collin O’Mara and the Clean Water Advisory Council have announced the next $16 million in water infrastructure projects through the Delaware Clean Water State Revolving Fund (CWSRF), bringing the number of ongoing projects to 41, totaling nearly $100 million. The loans will finance 16 new projects that will protect public health and the environment and are vital to the economic vitality of Delaware communities.

Wilmington, DE - February 17, 2011 - (RealEstateRama) -- Today, in a securities fraud case prosecuted by the Attorney General’s Securities Unit, Thomas Dolby was sentenced to 15 years in prison for defrauding investors out of more than $400,000 in a real estate investment scam

WASHINGTON, DC - November 10, 2010 - (RealEstateRama) -- Today, Sen. Tom Carper (D-Del.) praised the White House's announcement of several new federal agency actions related to the Recovery through Retrofit initiative, which is an interagency effort designed to lay the groundwork for a strong, self-sustaining home energy efficiency retrofit industry, and to provide homeowners with the necessary information to make cost-effective decisions about home energy improvements

WILMINGTON, DE - October 25, 2010 - (RealEstateRama) -- The SEU’s Energize Delaware officially launched an online Home Energy Makeover Facebook contest today, which will award a free home energy audit (worth $400) and up to $5,000 in home energy efficiency improvements. One winner from each Delaware County (Sussex, Kent and New Castle) will take home this opportunity… just in time for winter. Winners will enjoy lower energy bills and a more comfortable, healthier home for years to come.

Wilmington, DC - October 18, 2010 - (RealEstateRama) -- Attorney General Beau Biden announced that his office is participating in a coordinated national effort by state Attorneys General and state mortgage regulators to investigate the foreclosure review and verification procedures used by the mortgage servicing industry. Officials from 50 states have joined together to review allegations that affidavits or other documents used in foreclosure proceedings were improperly submitted as well as other issues regarding irregularities or abuses by mortgage lenders and loan servicers. Last week, Biden urged Bank of America, JP Morgan Chase, and Ally Financial to suspend foreclosure proceedings while they review their foreclosure procedures and announced that his office is reviewing the banks’ foreclosure practices. Bank of America responded two days later by halting foreclosure proceedings in all 50 states

Wilmington, DC - October 11, 2010 - (RealEstateRama) -- Attorney General Beau Biden, who on October 5th called on Bank of America, JP Morgan Chase, and Ally Financial to stop foreclosure actions in Delaware amid questions about their foreclosures procedures, made the following statement following Bank of America’s announcement today that they are suspending foreclosure proceedings nationwide:

Wilmington, CO - October 6, 2010 - (RealEstateRama) -- Attorney General Beau Biden has called on three banks to stop foreclosure actions in Delaware amid questions about their foreclosures procedures. The banks have announced they are delaying foreclosure proceedings in 23 other states while they review whether their staff signed foreclosure documentation in thousands of cases without verifying the accuracy of those documents