Yearly Archives: 2013

Joint Release: AG Van Hollen and DFI Secretary Peter Bildsten Announce $2.1 Billion...

Ocwen Financial Corporation of Atlanta, Georgia, and its subsidiary, Ocwen Loan Servicing, have agreed to a $2.1 billion joint, state-federal settlement with Attorney General J.B. Van Hollen, 48 additional states and the District of Columbia, and the Consumer Financial Protection Bureau (CFPB). Wisconsin consumers are projected to receive more than $13 million in reductions on mortgage principal and direct cash payments from Ocwen.

Legislative Focus on Tax Relief Continues

Following the State Senate’s approval of Special Session Senate Bill 1, legislation that would provide a total of $100 million in property tax relief, Senator Joe Leibham (R-Sheboygan) offered the following statement:

Scan-Pac Expands in Menomonee Falls

Scan-Pac Mfg., Inc. is excited to announce that on October 1, 2013, the company purchased a new manufacturing facility. The new building, located on property adjacent to its current 30,000 sq. ft. facility in Menomonee Falls, WI., will provide approx. 40,000 square feet of additional space that will allow the company to meet its growing market demand. The added manufacturing space enables Scan-Pac to optimize work cells and improve work flow and efficiency throughout the manufacturing process.

Gwen Moore and Mark Pocan Introduce Runaway and Homeless Youth Inclusion Act

Today, Congresswoman Gwen Moore (WI-4) joined her Wisconsin colleague Congressman Mark Pocan (WI-2) to introduce legislation supporting lesbian, gay, bisexual and transgender (LGBT) runaway and homeless youth.

Gwen Moore Opposes PATH to Nowhere Act

Today, Congresswoman Gwen Moore (WI-4) joined her Democratic colleagues to stand up for American families by opposing H.R. 2767, the PATH (to Nowhere) Act. The bill passed the Financial Services Committee this morning on a party line vote.

The Boulder Group Arranges Sale of a $17.6 Million Single Tenant Shopko Portfolio in...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko portfolio consisting of two properties located in the Midwest for $17,625,000. The properties are located in Sussex (Milwaukee MSA) and Green Bay in Wisconsin

Building Commission Approves Projects

The State of Wisconsin Building Commission today approved several key projects across the state including, but not limited to

Judiciary Committee Approves Bill to Protect Private Property Rights

The House Judiciary Committee today approved legislation by voice vote that prohibits state and local governments that receive federal economic development funds from using eminent domain to transfer private property from one private owner to another for the purpose of economic development, the Private Property Rights Protection Act (H.R. 1944). This legislation is in response to the 2005 Supreme Court decision in the case of Kelo v. City of New London, which gives local governments broad authority to seize private property under the guise of economic development just to generate tax revenue. The Private Property Rights Protection Act passed the House of Representatives in the 109th and 112th Congresses

Protecting Property Rights for All Americans

Congressman Jim Sensenbrenner (R-WI) prepared the following statement for today’s House Judiciary Committee markup on H.R. 1944, the Private Property Rights Protection Act of 2013:

UWM Real Estate Foundation using WEDC environmental grant for construction of new business accelerator...

The UWM Real Estate Foundation, Inc. will receive a $205,850 Brownfield Program award from the Wisconsin Economic Development Corporation (WEDC) to assist in the environmental remediation at the site of the University of Wisconsin-Milwaukee’s new Innovation Campus in Wauwatosa

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Attorney General J.B. Van Hollen Announces National Mortgage Settlement Relief Exceeds...

Attorney General J.B. Van Hollen announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.

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The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560.