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Senate Passes Helping Families Save Their Homes Act
WASHINGTON, DC - May 12, 2009 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) voted in favor of the Helping Families Save Their Home Act, S. 896. The bill includes a mortgage servicers safe harbor provision that will curb home foreclosures and jumpstart residential loan modifications. In addition, this legislation expands the Hope for Homeowners program, which is aimed at keeping honest homeowners in their homes during these difficult economic times. Last, the bill will increase the borrowing authority of the Federal Deposit Insurance Corporation (FDIC) to help it cope with the increased risk facing the nation's banks. The measure passed in the Senate by a vote of 91-5
Martinez Announces First-Time Homebuyer Forum in Miami
WASHINGTON - March 20, 2009 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) today announced a First-Time Homebuyer Forum Saturday, March 28th from 10:00 a.m. to 12:00 p.m. to be held at Miami Dade College in Miami, FL. The seminar will provide information about down payment assistance programs, applying for a FHA loan, first-time homebuyer tax credits, the Neighborhood Stabilization Program, buying a HUD home, and credit counseling.
Protecting Your Rights When Choosing a Nursing Home
WASHINGTON - March 05, 2009 - (RealEstateRama) — U.S. Senator Mel Martinez (R-FL) today introduced the Fairness in Nursing Home Arbitration Act, which protects the dispute resolution options for residents of nursing homes