Foreclosures

Foreclosures

Florida-based ‘Robo-Signer’ Settles With Texas, 44 Other States Over Improper Mortgage Servicing

AUSTIN - February 1, 2013 - (RealEstateRama) -- Texas Attorney General Greg Abbott today announced that Texas, 44 other states and the District of Columbia have concluded an extended, nationwide investigation into Florida-based Lender Processing Services Inc. (LPS) and its subsidiaries’ unlawful mortgage servicing practices. Under a multistate settlement agreement negotiated by the states, LPS and its subsidiaries must dramatically improve their loan servicing practices, only allow authorized corporate officers to sign foreclosure documents, and pay a $120 million penalty – including approximately $5.76 million for the State of Texas.

CONGRESSWOMAN SHEILA JACKSON LEE ANNOUNCES FORECLOSURE SETTLEMENT THAT WILL IMPACT CONSTITUENTS OF THE 18TH...

Houston, TX - January 11, 2012 - (RealEstateRama) -- Congresswoman Sheila Jackson Lee released the following statement announcing that ten banks and mortgage companies will pay $3.3 billion in cash to borrowers and $5.2 billion in mortgage relief to settle federal regulators’ investigations into alleged foreclosure abuses

Help For Homeowners Affected by Foreclosure Errors

Washington, DC - September 19, 2012 - (RealEstateRama) -- Large mortgage servicers have been ordered by federal bank regulators to identify borrowers who may have been harmed by errors and improper practices in foreclosure or threatened foreclosure and to review each of their mortgage files for financial harm.

Five Indicted in Combination Foreclosure Rescue/Drug Distribution Scheme

PLANO, TX - July 16, 2012 - (RealEstateRama) -- Five individuals have been indicted have been indicted for their roles in a combination foreclosure rescue/drug distribution scheme in the Eastern District of Texas, announced U.S. Attorney John M. Bales today

CONGRESSMAN RUBÉN HINOJOSA ANNOUNCES EMERGENCY HOMEOWNERS� LOAN PROGRAM TO HELP HOMEOWNERS AT RISK OF...

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- Congressman Rubén Hinojosa announces a new federal program, the Emergency Homeowners Loan Program (EHLP),that will directly help qualifying homeowners with their mortgage.

State housing agency secures $619,696 grant to expand home foreclosure prevention efforts

AUSTIN, TX - June 17, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that the state has secured a $619,696 federal grant that will significantly further its efforts to reduce the number of home foreclosures across Texas and help stabilize families, declining home values, and local government coffers.The grant, awarded through the National Foreclosure Mitigation Counseling (NFMC) Program – Round 5, will provide counseling to potentially as many as 1,500 Texas homeowners in or facing a home foreclosure and help them avoid foreclosure

Sam Johnson announces foreclosure prevention workshop on Friday, June 10th

Washington, DC - May 26, 2011 - (RealEstateRama) -- Today U.S. Congressman Sam Johnson (3rd Dist.-Texas) invited constituents to attend a free foreclosure prevention workshop in Dallas. The event takes place on Friday, June 10th from 3 p.m. to 8 p.m. in Dallas at the Texas Agrilife Research and Extension Center located at 17360 Coit Road.

Texas House passes out Homeowners Association Open Governance Bill – H.B. 2761

AUSTIN, TX - May 5, 2011 - (RealEstateRama) -- H.B. 2671 by State Representative John V. Garza, of San Antonio, will make Home Owners Associations subject to Open Meetings, Open Records and utilize the State’s Record Retention Policy.

Foreclosed homes available online through dynamic IDX enabled Texas search page and agent Abe...

EUGENE, OR - January 17, 2011 - (RealEstateRama) -- Dallas-Fort Worth real estate agent Abe Issa has partnered with IDX, Inc. to bring a revolutionary real estate website to home seekers around Texas. Now, IDX Broker syncs with the website Issa hosts to display thousands of North Texas Real Estate Info Systems (NTREIS) on the search page Issa employs. The online property search has never been easier or simpler than it currently is for potential buyers who chose to utilize the IDX enabled website of Issa.

Rep. Alonzo Urges Citizens to take advantage of TDHCA’s FREE Foreclosure Prevention Program

AUSTIN, TX - November 16, 2010 - (RealEstateRama) -- Today, Texas State Representative Roberto R. Alonzo (Dallas) was informed by the Texas Department of Community Affairs (TDHCA) of some valuable resources and assistance the state agency is making available to all Texans who may find themselves with foreclosure problems and other related issues associated with homeownership. The TDHCA is the state's homeownership agency, and as such the staff there is committed to helping Texans achieve homeownership, as well as helping home owners avoid foreclosure and remain in their homes. To make all Texans aware of the various resources currently available throughout the state, TDHCA has prepared a valuable foreclosure prevention brochure and other resourceful materials that can be easily accessed by visiting the website at: http://www.tdhca.state.tx.us/homeownership/foreclosure/. Or you may call toll-free at 1-888-995-HOPE (4673). You may also visit the TDHCA state agency website (www.tdhca.state.tx.us and click on the 'Disaster Recovery Assistance" link on the bottom right hand corner. All these materials and resources are free.

Foreclose on Obama to Save the U.S.A.

October 27, 2010 - (RealEstateRama) -- Obama is defending the so-called “rights” of international banks, to throw Americans out of their homes, arguing that halting foreclosures will weaken the economy. Not even Herbert Hoover had a policy of throwing people out on the street. This sort of malicious, murderous insanity, by Obama, will continue killing Americans, unless this failure of a human being is removed from office by the 25th Amendment

Congressman Al Green Announces Federal Grants to Help Houston and Harris County to Counteract...

Washington, D.C. - September 21, 2010 - (RealEstateRama) -- Today, Congressman Al Green (TX-09) announced that the City of Houston and Harris County have been awarded significant funding as part of the Neighborhood Stabilization Program (NSP), which is coordinated by the Department of Housing and Urban Development (HUD).

Enterprise Awarded $6 Million in Neighborhood Stabilization Program Funds to Reinvest in North Texas...

COLUMBIA, Md. - July 6, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) recently allotted Enterprise Community Partners, Inc. (Enterprise) $5.7 million in Neighborhood Stabilization Program (NSP) funding to provide down payment and closing cost assistance, gap financing, and/or a zero percent mortgage for potential home buyers interested in single family homes in the North Texas area.

Sam Johnson announces a FREE foreclosure prevention workshop

Washington, DC - February 3, 2010 - (RealEstateRama) -- Congressman Sam Johnson (3rd Dist.—Texas) in conjunction with the DFW Home Ownership Preservation Enterprise will host a FREE foreclosure prevention workshop on Saturday, February 27th at 9:00 a.m. in Dallas. The event is open to the public and the press.

Congressman Al Green Urges Mortgage Servicers to Address the Needs of Minority Borrowers

Washington, DC - December 9, 2009 - (RealEstateRama) -- Today Congressman Al Green (TX-09) called on private mortgage servicers to better address the needs of struggling minority homeowners during a hearing of the House Committee on Financial Services regarding the current foreclosure crisis.

State housing agency secures $450,000 grant to intensify foreclosure prevention efforts

AUSTIN, TX - October 19, 2009 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) has announced that it has secured $449,960 in federal grant funds through the National Foreclosure Mitigation Counseling (NFMC) Program to help stem the tide of home foreclosures and bring stability to families, neighborhoods and local government finances.

With nearly 1 million homes in foreclosure, Congressman Al Green unites with experts and...

Houston, TX - October 3, 2009 - (RealEstateRama) -- Today, Houston residents attended a housing foreclosure prevention workshop hosted by U.S. Congressman Al Green (TX-09) and learned about strategies they could use to avoid losing their home, such as loan modification, refinancing services and assistance from the federal government.

Federal Jury Convicts San Antonio Woman of Criminal Contempt and Mail Fraud in Foreclosure...

San Antonio, TX - June 17, 2009 - (RealEstateRama) - John E. Murphy, Acting United States Attorney, announced that a federal jury this morning returned a guilty verdict against a San Antonio woman, who claimed to be a foreclosure prevention specialist, on seven counts each of criminal contempt and mail fraud.

Attorney General Abbott Charges Houston Firms with Conducting Fraudulent Foreclosure Rescue Scam

HOUSTON, TX - May 15, 2009 - (RealEstateRama) — A Harris County district judge froze several Houston firms’ assets after Texas Attorney General Greg Abbott charged the companies with running foreclosure “rescue” scams.

Foreclosure Assistance Solutions Inc. repays 351 Texas homeowners more than $390,000

SAN ANTONIO, TX - March 12, 2009 - (RealEstateRama) — Texas Attorney General Greg Abbott today announced the conclusion of the state’s enforcement action against Foreclosure Assistance Solutions (FAS). As a result of an agreement, the Florida-based company must no longer engage in the foreclosure mitigation business in Texas and has paid more than $390,000 in restitution to 351 Texas homeowners.

Popular

Texas condominium sales up, townhome sales down during first half of...

Condominium sales in Texas’s major metro areas increased and townhome sales fell in the first half of 2016, according to the Texas Condominium Mid-Year Sales Report. Released today by the Texas Association of REALTORS®, the report shows that condominium sales in Texas’ four largest markets have seen increasing demand over townhomes and single-family homes among young professionals and retirees. This is the first time in the report’s history that condo and townhome statistics have been reported separately.

Recent

LETTER FROM HUD SECRETARY BEN CARSON TO THE PEOPLE OF TEXAS...

As Texas rebuilds in the wake of Hurricane Harvey, the U.S. Department of Housing and Urban Development (HUD) is committed to ensuring safe, affordable housing for all those affected by the disaster. HUD is tasked with comprehensive, long-term disaster relief and has been working on the front lines in Texas. We are your ear on the ground and your voice in Washington, and we are committed to providing a compassionate and effective response