Foreclosures

The U.S. Department of Housing and Urban Development (HUD) and the Texas General Land Office (GLO) today launched a public awareness campaign to inform owners of homes damaged by Hurricane Harvey that help is available to avoid foreclosure and to finance repairs.

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.

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

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.

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

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.

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

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.

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.

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.

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.

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

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).

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.

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.

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.

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.

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.

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.

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.