Mortgage

Mortgage

Gov. Perry Breaks Ground on New Home for Wounded Veteran

WASHINGTON, D.C. - October 18, 2012 - (RealEstateRama) -- Gov. Rick Perry joined Dan Wallrath, founder and president of Operation Finally Home, and Jonestown Mayor Deane Armstrong to break ground on a brand-new, mortgage-free home for U.S. Army Spc. Augustine "Augie" Pena and his family, provided by Operation Finally Home, Silverton Custom Homes and Henley Homes

REP. EDDIE LUCIO III ANNOUNCES ELIGIBLITY EXTENSION OF HOME BUYER PROGRAMS

September 25, 2012 - (RealEstateRama) -- State Representative Eddie Lucio III announced the extension the Texas State Affordable Housing Corporation’s (TSAHC) down payment assistance programs to current homeowners and those who previously owned a home.

Title Company Attorney Convicted in Multi-Million-Dollar Mortgage Fraud Scheme

HOUSTON - August 31, 2012 - (RealEstateRama) -- Lisa Carol Ross, 50, of Missouri City, Texas, has pleaded guilty today to conspiracy to commit wire fraud, United States Attorney Kenneth Magidson announced today, along with FBI Special Agent in Charge Stephen L. Morris and Internal Revenue Service-Criminal Investigation (IRS-CI) Special Agent in Charge Lucy Cruz.

Attorney Sentenced to Prison for Wire Fraud and Money Laundering in a Multi-Million-Dollar Mortgage...

HOUSTON, TX - July 25, 2011 - (RealEstateRama) -- Vincent Wallace Aldridge, a former fee attorney for First Southwestern Title Company, has been sentenced to 63 months’ imprisonment for wire fraud and money laundering arising from a scheme to defraud residential mortgage lenders of more than $3.7 million in loans in connection with home purchases in the Houston area, United States Attorney José Angel Moreno announced today, along with FBI Special Agent in Charge Stephen L. Morris and Internal Revenue Service-Criminal Investigations (IRS-CI) Special Agent in Charge Rodney E. Clark.

Federal Grand Jury Indicts Three Collin County Residents in Bank Fraud Conspiracy Involving Nearly...

DALLAS, TX - July 25, 2011 - (RealEstateRama) -- A federal grand jury in Dallas has returned a four-count indictment this week charging three individuals, Vathany Teng, Lina Ma and Jerry Goh each with one count of conspiracy to commit bank fraud and two substantive counts of bank fraud in relation to a loan fraud scheme they allegedly ran in the Dallas area from August 2007 to April 2008. In addition, defendant Jerry Goh, a lawyer, is also charged with one count of witness tampering. All three defendants are expected to surrender to federal authorities and appear tomorrow, July 22, 2011, at 2:00 p.m., before U.S. Magistrate Judge Irma C. Ramirez. Today’s announcement was made by U.S. Attorney James T. Jacks of the Northern District of Texas.

CONGRESSWOMAN EDDIE BERNICE JOHNSON ANNOUNCES HOMEOWNERS LOAN PROGRAM TO HELP QUALIFIED HOMEOWNERS WITH THEIR...

Washington, DC - July 14, 2011 - (RealEstateRama) -- Congresswoman Johnson announces that the U.S. Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks America has launched the Emergency Homeowners’ Loan Program (EHLP) to help homeowners who are at risk of foreclosure in Texas

Trial Date Set in Multi-Million-Dollar Mortgage Fraud Case

DALLAS, TX - July 7, 2011 - (RealEstateRama) -- An August 29, 2011 trial date before Chief U.S. District Judge Sidney A. Fitzwater has been set for three defendants charged with running a multi-million-dollar mortgage fraud scheme in the Dallas area, announced U.S. Attorney James T. Jacks of the Northern District of Texas. Gregory Lashon Thomas, Aja D. Crawford (aka Aja Abercrombie), and Ernest Ohenekitiwa McMillan were arrested on conspiracy to commit mail fraud and mail fraud charges outlined in a four-count indictment returned last month. All three pleaded not guilty and have been released on bond.

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.

Mother, Daughter, Father Plead Guilty to Mortgage Fraud Scam

HOUSTON, TX - July 6, 2011 - (RealEstateRama) -- Claymon “Butch” Trammell, along with his wife, Jeannettea Williams, and daughter, Michelle Trammell, have all pleaded guilty to conspiracy to commit wire fraud for their roles in a multi-million-dollar mortgage fraud scheme, United States Attorney José Angel Moreno announced today. The three residents of Houston entered their pleas yesterday in federal court before United States District Court Judge Vanessa Gilmore.

Texas Department of Savings and Mortgage Lending Receives Certificate of Mortgage Accreditation

Washington, D.C. - June 17, 2011 - (RealEstateRama) -- The Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) announced that the Texas Department of Savings and Mortgage Lending (the Department), Mortgage Division, has received a certificate of accreditation for mortgage supervision, certifying that the Department maintains the standards and practices in state mortgage supervision set by the CSBS and AARMR Accreditation Program. The Department is the ninth to receive accreditation for mortgage supervision, and the first non-banking department to receive the mortgage accreditation

Two Houston Men Sentenced to Prison for Mortgage Fraud

HOUSTON, TX - June 3, 2011 - (RealEstateRama) -- Adrian Levale Cole and Albert Terrance Watkins, both of Houston, have been sentenced to prison for their roles in a multi-million-dollar mortgage fraud scheme, United States Attorney José Angel Moreno announced today.

TEXAS HOUSE PASSES CARTER’S BILL TO ASSIST WITH PROSECUTION OF MORTGAGE FRAUD

AUSTIN, TX - April 19, 2011 - (RealEstateRama) -- Representative Stefani Carter (Dallas) has passed House Bill 1343, which will expand the venues in which incidents of mortgage fraud may be prosecuted.

Congressman Al Green Fights to Keep Funding for Housing Counseling and Homeless Veterans Assistance

Washington, DC - April 14, 2011 - (RealEstateRama) -- This week, Congressman Al Green (TX-09) introduced two amendments which focus on housing counseling and the Housing and Urban Development Veterans Affairs Supportive Housing (HUD-VASH) program to the Department of Defense and Full-Year Continuing Appropriations Act, 2011 (H.R. 1473).

Federal Grand Jury Indicts Five Defendants in Mortgage Fraud Scheme

DALLAS, TX - April 1, 2011 - (RealEstateRama) -- A 29-count indictment, returned last week by a federal grand jury in Dallas and unsealed this week, charges five individuals with various felony offenses related to a mortgage fraud scheme they ran for nearly three years in the Dallas-Fort Worth area, announced U.S. Attorney James T. Jacks of the Northern District of Texas (NDTX).

CARTER FILES BILL TO ASSIST WITH PROSECUTION OF MORTGAGE FRAUD

AUSTIN, TX - February 24, 2011 - (RealEstateRama) -- Representative Stefani Carter (Dallas) has filed legislation that will expand the venues in which incidents of mortgage fraud may be prosecuted. Carter worked with the Attorney General's office to craft House Bill 1343, which will enable cases of mortgage fraud to be prosecuted in multiple venues in an effort to alleviate the burden that high case loads are placing on our courts

MBA and First American Financial Corporation Partner with the Dallas Area Habitat for Humanity...

Dallas, TX - February 23, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) and First American Financial Corporation (First American) today partnered with the Dallas (Texas) Area Habitat for Humanity for a Habitat for Humanity homebuilding project in the Cedar Creek Ranch community in Dallas.

Owner of Brownstone Construction Sentenced to Prison for Mortgage Fraud

HOUSTON, TX - February 18, 2011 - (RealEstateRama) -- Melvin Lendall Brown, a Houston area resident, has been sentenced to prison for wire fraud arising from a mortgage fraud scheme, United States Attorney José Angel Moreno announced today. This morning, United States District Judge David Hittner sentenced Brown, 48, to 57 months in prison for his wire fraud conviction arising from an elaborate mortgage fraud scheme in which Brown was an organizer and leader. Brown pleaded guilty to a single count of wire fraud arising from the scheme on April 20, 2010. The scheme, carried out between June 2004 and June 2005, involved numerous misrepresentations on mortgage loan applications prepared for recruited straw purchasers and supported by fraudulent documents.

Attorney, Title Company Employee and Builder Found Guilty of Wire Fraud and Money Laundering...

HOUSTON, TX - January 27, 2011 - (RealEstateRama) -- Today, a jury sitting in United States District Judge Sim Lake’s Courtroom found Vincent Wallace Aldridge, former fee attorney for First Southwestern Title Company and attorney for Aldridge and Associates, along with Tori Elyse Aldridge, a former employee of First Southwestern Title Company and Gilbert Barry Isgar, a co-owner of Waterford Homes, guilty of charges of wire fraud and money laundering in a scheme to defraud residential mortgage lenders of more than $3.7 million in loans in connection with home purchases in the Houston area, United States Attorney José Angel Moreno announced today along with FBI Special Agent in Charge Richard C. Powers and Internal Revenue Service-Criminal Investigations (IRS-CI) Special Agent in Charge Rodney E. Clarke.

Statement on New York Times Report on Fannie Mae and Freddie Mac Legal Defese...

WASHINGTON, DC - January 25, 2011 - (RealEstateRama) -- Congressman Randy Neugebauer (R-TX) released the following statement today regarding today’s New York Times report on Fannie Mae and Freddie Mac legal defense fees:

NEUGEBAUER STATEMENT ON LETTER TO FHFA DIRECTOR DEMARCO REGARDING PROPOSED LOAN MODIFICATION

WASHINGTON, DC - December 14, 2010 - (RealEstateRama) -- Congressman Randy Neugebauer (R-TX), House Financial Services Oversight Subcommittee Chairman, released the following statement today regarding his December 13, 2010 letter to FHFA Director DeMarco

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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.

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Team from University of Texas at Austin Wins 2017 ULI Hines...

A redevelopment plan for a Chicago site presented by a team from the University of Texas at Austin has taken top honors in the 2017 Urban Land Institute (ULI) Hines Student Competition, an ideas competition that provides graduate students the opportunity to devise a comprehensive design and development scheme for a large-scale site in an urban area. Members of the team were awarded a first-place prize of $50,000 after the conclusion of the competition on April 6.