Yearly Archives: 2011

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.

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:

AUSTIN, TX - January 21, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced a $345,000 award to the City of McKinney to assist eligible residents with the purchase of their first home, providing greater stability to area low income families and a shot in the arm to the local economy.City officials estimate that the award will help provide 30 local residents with down payment and closing cost assistance, helping them achieve the American Dream of homeownership.

AUSTIN, TX - January 20, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced a $480,000 award to the City of Clarksville to fund home repairs for low income homeowners, helping residents maintain homeownership while providing a shot in the arm to the local economy.City officials anticipate the funds will help rehabilitate six homes owned and lived in by income-eligible households.

AUSTIN, TX - January 20, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced a major funding award to a regional nonprofit organization to assist eligible low income residents of four communities in Coryell, Gregg, and Henderson counties obtain safe, decent rental housing, helping set them on the path toward self-sufficiency.TDHCA awarded $220,464 in rental assistance funds to Affordable Caring Housing, Inc., a nonprofit housing organization headquartered in College Station. The organization will use the funds to help a total of 20 low-income households living in the cities of Athens, Copperas Cove, Gatesville, and Kilgore secure housing and meet their monthly rent payments

EUGENE, OR - January 18, 2011 - (RealEstateRama) -- Texas broker Michael Yarrito has teamed up with IDX, Inc. to pair his knowledge of the Dallas-Fort Worth real estate market with the dynamic IDX Broker software. Yarrito now hosts a complete and thorough online real estate search courtesy of his IDX solution. By adding the IDX technology, Yarrito displays thousands of North Texas Real Estate Info Systems (NTREIS) listings directly on his website, giving home seekers more options than ever before to search for a property online

AUSTIN, TX - January 17, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) this week released $45 million in mortgage credit certificate authority through its Texas Mortgage Credit Program, an innovative homebuyer program that makes homeownership more affordable by providing a dollar for dollar reduction of a borrower’s tax liability, not to exceed $2,000 annually.The credit authority will allow the Department to provide tax credits on approximately $150 million worth of mortgage loans, which it estimates will help approximately 1,000 eligible households purchase a home of their own once they complete a certified homebuyer education class.

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.

EUGENE, OR - January 6, 2011 - (RealEstateRama) -- Robert English and IDX, Inc. have teamed up to simplify the real estate website English hosts, with the dynamic IDX Broker software. By creating an easy-to-use search page, English can give his clients and other Arlington, Texas home seekers the thorough online property search experience they deserve. Syncing North Texas Real Estate Info Systems (NTREIS) listings with the search results page English supports, means thousands of detailed NTREIS listings are instantly available to potential buyers. The once complicated and stressful online home search is now simple and effective, thanks to the IDX enabled website of English