Real Estate News – March 30, 2011 - Jeffrey O'Brien Today

Green Acres Repeal Clears House, on Second Reading in Senate: area legislators have thrown their weight behind the repeal of a 2008 law that virtually ended Green Acres, a program that had huge participation in Wright County (via stmichael.patch.com): http://bit.ly/erxlJi

U.S. state and local property-tax collections dropped in the last three months of 2010 by the most since home prices peaked more than four years ago, slowing the overall growth in government revenue (via Bloomberg.com): http://bloom.bg/eoDfsy

The Complete FHA Streamline Refinance Guidelines (via themortgagereports.com): http://bit.ly/ebNMFK

The House voted Tuesday to end the Home Affordable Modification Program (HAMP), the Obama administration’s flagship program for foreclosure aid (via REALTORMag): http://bit.ly/en9VHN

Access to mortgage loans may be severely restricted if a new rule proposed by U.S. regulators isn’t amended, say mortgage industry executives (via TheStreet.com): http://bit.ly/gnZgUa

New SBA program for commercial real estate owners (via Boston.com): http://bo.st/hSZhN3