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Attorney General Abbott Takes Enforcement Action Against Dallas-area ‘Mortgage Rescue’ Operation
DALLAS, TX - November 10, 2009 - (RealEstateRama) -- Texas Attorney General Greg Abbott today took legal action to obtain restitution for a fraudulent “mortgage rescue” firm’s victims.
Mortgage and Real Estate Broker Sentenced to Prison for Mortgage Fraud
HOUSTON, TX - November 9, 2009 - (RealEstateRama) -- Clarence Lewis III, 46, of Houston, has been sentenced to 15 years in federal prison without parole for running a mortgage fraud scheme, United States Attorney Tim Johnson announced today.
Owner of Brownstone Construction Indicted for Mortgage Fraud
HOUSTON, TX - September 3, 2009 - (RealEstateRama) -- A 16-count sealed indictment charging Melvin Lendall Brown, the owner of Brownstone Construction, with wire fraud arising from an alleged multi-million dollar mortgage fraud scheme has been unsealed, United States Attorney Tim Johnson and FBI Special Agent in Charge Richard C. Powers announced today.
Former Dallas Cowboys Football Player, Eugene Lockhart, and Eight Others, Charged in Mortgage Fraud...
DALLAS, TX - September 3, 2009 - (RealEstateRama) -- A federal grand jury has indicted Eugene Lockhart, Jr., 48, a former player with the Dallas Cowboys, and eight others, on various charges related to a mortgage fraud scheme he and the others allegedly ran in the Dallas area from 2001 through 2005, announced U.S. Attorney James T. Jacks of the Northern District of Texas.
State housing agency releases $81 million in first time homebuyer funds
AUSTIN, TX - August 20, 2009 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) has released $81 million in mortgage loan funds available to help qualifying households purchase their first home. Homeownership promotes stable families and neighborhoods, generates local economic development with construction jobs, and supports local governments with increased tax revenue.
Reverse Mortgage Calculator
August 17, 2009 - (RealEstateRama) -- It is a good idea to understand what a reasonable amount of income to expect is from your reverse mortgage, based on your age, equity in your home and other financial variables in your life. You can use an online calculator to estimate what your reverse mortgage will look like.
Clear Lake Mortgage Broker/Real Estate Developer Sentenced to 10 Year Prison Term
HOUSTON, TX - July 29, 2009 - (RealEstateRama) -- Richard Bell, 50, president and CEO of Harborside Mortgage Corporation, was sentenced to 121 months in prison late yesterday by U.S. District Judge Gray Miller for bank fraud and money laundering, United States Attorney Tim Johnson announced today.
Father, Daughter, Wife Indicted in Mortgage Fraud Conspiracy
HOUSTON, TX - July 21, 2009 - (RealEstateRama) -- An 11-count sealed indictment charging conspiracy and wire fraud has been unsealed following the arrests of Claymon "Butch" Trammell, Michelle Trammell and Jeannettea Williams, United States Attorney Tim Johnson announced today.
Office of the Attorney General Hosts Mortgage Fraud Summit
AUSTIN, TX - June 15, 2009 - (RealEstateRama) — Texas Attorney General Greg Abbott today welcomed state and local authorities, law enforcement officials, prosecutors and other interested Texans to the Office of the Attorney General’s (OAG) Mortgage Fraud Summit.
TDHCA’s Mortgage Credit Certificate can be your key to homeownership
AUSTIN, TX - May 21, 2009 - (RealEstateRama) — Promoting homeownership as the key to bringing prosperity to families and economic stability to local communities, the Texas Department of Housing and Community Affairs saluted two area homeowners who recently purchased their first home through the Department’s Texas Mortgage Credit Program while reminding all residents of the benefits of homeownership.
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.
East Texas Woman Sentenced To 99 Years In Prison For Mortgage Fraud
CORSICANA, TX - March 23, 2009 - (RealEstateRama) — A Henderson County woman was today sentenced to 99 years in prison for her role in a mortgage fraud scheme.
Gohmert Votes Against Mortgage “Cram-Down” That will Diminish Home Loans for Young Couples
WASHINGTON, D.C.- March 05, 2009 - (RealEstateRama) — Congressman Louie Gohmert released the following statement following the House’s passage of H.R. 1106, the Helping Families Save Their Homes Act of 2009, a bill that allows bankruptcy judges to “cram-down” the principal balance of mortgage loans for borrowers facing home foreclosure and unfairly leaving responsible borrowers to pay for the homes of their neighbors:
First American Information and Outsourcing Solutions Segment To Host CampusMBA Mortgage Servicing School March...
March 05, 2009 - (RealEstateRama) — The Information and Outsourcing Solutions segment of The First American Corporation (NYSE:FAF) announced today that it will host the Mortgage Bankers Association’s CampusMBA School of Mortgage Servicing, March 24-26, at the company’s Westlake, Texas, campus.
Mortgage Company Settles Data Security Charges
Washington, DC - November 10, 2008 - (RealEstateRama) – A Texas-based mortgage lender has settled Federal Trade Commission charges that it violated federal law by...
PSMI OPENS OFFICE IN FT. WORTH, TX
Roswell, NM - October 30, 2008 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the...
Attorney General Abbott Calls For Mortgage Deferment Legislation To Help Struggling Homeowners
New state law would give borrowers 45-day window to cure mortgage defaults
AUSTIN, TX - October 23, 2008 - (RealEstateRama) — Texas Attorney General Greg...
PSMI OPENING OFFICE IN MIDLAND, TX
Roswell, NM - August 17, 2007 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of an...
Charges defendants with conspiring to defraud deceased homeowners, heirs of property titles
HOUSTON – Texas Attorney General Greg Abbott has obtained a temporary restraining order against several defendants who conspired to steal homes from deceased Houston...
Cornyn Co-Sponsors New Legislation to Provide Housing Relief to Texas Families
WASHINGTON - With home foreclosures rising in many states across the country, U.S. Sen. John Cornyn announced today that he has joined several other...
