Yearly Archives: 2016
Jury Finds Allied Home Mortgage Entities and CEO Liable for Civil Mortgage Fraud –...
A federal jury has found the entities formerly known as Allied Home Mortgage Capital Corporation (Allied Capital) and Allied Home Mortgage Corporation (Allied Corporation) as well as president and CEO Jim C. Hodge liable in connection with more than a decade of fraudulent misconduct related to Allied’s participation in the Federal Housing Administration (FHA) mortgage insurance program. Samuel L. Bryant Investments – Houston Warehouse Space for Rent & Lease
Veasey Introduces Legislation to Help Veterans Buy Homes
Congressman Marc Veasey introduced H.R. 6320, the Give Veterans Home Loan Choices Act, to ensure our nation’s veterans are provided all the loan options available to them so that they can make a well-informed decision when selecting a home loan for their families.
Marathon Water Supply Awarded More than $230,000 in Grants
U.S. Representative Will Hurd is pleased to announce the selection of the Marathon Water Supply and Sewer Service Corporation (WS&SS) for two grants totaling more than $230,000 for water improvement projects
Online Survey Seeks to Understand Private Land Management Needs
Understanding Texas private landowner needs, preferences and concerns in operating and managing their land and natural resources is the purpose of a brief online questionnaire developed by the Texas Parks and Wildlife Department (TPWD) Private Lands Advisory Committee in partnership with Texas A&M University Institute of Renewable Natural Resources
The Boulder Group Arranges Sale of Triple Net Leased Dollar General
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 6292 US Route 77 in Riviera, Texas for $1,260,000
Rep. Cuellar Hosts Discussion with U.S. Interagency Council on Homelessness in Laredo
Congressman Henry Cuellar (D-TX-28) today hosted a discussion with the United States Interagency Council on Homelessness and state and local organizations in Laredo to come up with strategies to end homelessness among children and veterans in Laredo and Webb County
Luxury home sales among key drivers for Texas housing market in 2016
Luxury home sales in Texas were strong in the first eight months of 2016, according to the latest Texas Luxury Home Sales Report released today by the Texas Association of REALTORS®. The report examines housing market trends and statistics for homes priced $1 million or higher in the Austin, Dallas-Fort Worth, Houston, San Antonio, Corpus Christi, and Midland metropolitan statistical areas (MSAs).
Poe and Green Disappointed with Changes to Water Resources Development Act
In response to discouraging changes to the Water Resources Development Act (WRDA) that removed vital support for our nation’s ports Congressman Ted Poe (TX- 02) and Congressman Gene Green (TX-29) issued the following statements. The House is expected to vote on WRDA next week.
US LABOR DEPARTMENT SEEKS REINSTATEMENT, BACK PAY, DAMAGES FROM LEADING BUILDING MATERIALS COMPANY FOR...
Allegation: The U.S. Department of Labor has sued Martin Marietta Materials Inc. after an investigation by the department’s Wage and Hour Division found that the employer violated the Family Medical Leave Act. Investigators from the division’s San Antonio District Office found that Martin Marietta wrongfully denied the complainant the right to reinstatement by refusing to restore him to his original position, or by offering an equivalent position within the company
The Boulder Group Arranges Sale of Trophy CVS Pharmacy Ground Lease in Downtown Dallas...
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction CVS Pharmacy ground lease located at 2501 N. Field Street in Dallas, Texas for $14,890,000. The property sold at a 4.60% cap rate which is the lowest cap rate for a CVS sale in 2016 according to CoStar
Texas REALTORS® stand up for overtaxed property owners in White Deer ISD
The Texas Association of REALTORS® announced its full support of the lawsuit filed today in Carson County, Texas, that seeks to stop White Deer Independent School District from unlawfully collecting property taxes from property owners in the district.
Samuel L. Bryant Investments – Houston Warehouse Space for Rent & Lease
Samuel L. Bryant Investments – Houston Warehouse Space for Rent & Lease
CASTRO ANNOUNCES $4M TO HELP END VETERANS HOMELESSNESS
San Antonio, TX - (RealEstateRama) -- Congressman Joaquin Castro (TX-20) announced that the Department of Veterans Affairs (VA) renewed $4,040,000.00 of federal funding for...
International home sales top $10 billion in Texas from 2015 to 2016
Texas home sales purchased by international homebuyers added more than $10 billion to the Texas economy from April 2015 and March 2016, according to the Texas International Homebuyers Report released today by the Texas Association of REALTORS
CASTRO ANNOUNCES $3.27M FOR SOUTHWEST RESEARCH INSTITUTE ENERGY EFFICIENCY PROJECT
Congressman Joaquin Castro (TX-20) announced a $3,279,208.00 grant from the Department of Energy (DOE) for the Southwest Research Institute (SwRI). The DOE funding will support an SwRI project to make coal-based power generation more efficient, cleaner, and less expensive. SwRI is collaborating on the project – entitled “Pre-Project Planning for a Flameless Pressurized Oxy-combustion Pilot Plant” – with ITEA S.p.A., Jacobs, the Electric Power Research Institute, General Electric Global Research, and Peter Reineck Associates
Austin And HUD Leaders Announce End Of Veteran Homelessness
AUSTIN, TEXAS - Austin Mayor Steve Adler was joined by U.S. Representative Lloyd Doggett and U.S. Housing and Urban Development Secretary Julián Castro Friday...
TPW Commission Adopts New Rules for Statewide Oyster Fishery
The Texas Parks and Wildlife Commission today adopted new regulations for the statewide oyster fishery that reduce commercial possession limits and establish additional harvest restrictions. The new rules affect both the recreational and commercial harvest of oysters.
Burgess Statement on Independence at Home Performance Year 2 Data
Congressman Michael C. Burgess, M.D. (R-TX), Chairman of the House Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade, issued the following statement in response to the release of the Independence at Home program’s year 2 performance data by the Centers for Medicare & Medicaid Services (CMS) today
Texas home sales, prices continue strong gains in the second quarter of 2016
Texas home sales and prices experienced strong gains in the second quarter of 2016, according to the 2016-Q2 Texas Quarterly Housing Report released today by the Texas Association of REALTORS
Congressman Al Green to Join Pastor Kirbyjon Caldwell, the Houston Police Department, and the...
Congressman Al Green (TX-09) honoring a request from Pastor Kirbyjon Caldwell has agreed to join Houston Police Department Executive Assistant Chief Michael Dirden, Harris County District Attorney Devon Anderson, and others in a dialogue about police-community relations on July 16, 2016, at the Kingdom Builders’ Center
Texas condominium sales up, townhome sales down during first half of 2016
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.