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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.
Mortgage Broker Convicted for Mortgage Fraud
HOUSTON, TX - May 13, 2009 - (RealEstateRama) — Clarence Lewis III has been was found guilty of devising a scheme to defraud residential mortgage lenders by misstating information material to the lending decision, acting United States Attorney Tim Johnson announced today.
Flood ravaged Roma receives $500,000 in disaster recovery funds from state housing agency
AUSTIN, TX - May 7, 2009 - (RealEstateRama) — Recognizing the importance of preserving single family housing in rural Texas, the Texas Department of Housing and Community Affairs (TDHCA) and State Senator Judith Zaffirini have announced a funding award to repair or rebuild several homes in Roma damaged last year by severe flooding.
Sen. Cornyn: Senate Clears Bill To Help Struggling Homeowners
Washington, DC - May 6, 2009 - (RealEstateRama) — U.S. Sen. John Cornyn, a member of the Finance and Budget Committees, released the following statement after supporting the Helping Families Save Their Homes Act, which passed the Senate today by a vote of 91-5.
Dallas project cited as national model by HUD and the American Institute of Architects
WASHINGTON - May 1, 2009 - (RealEstateRama) — Four affordable housing developments are recipients of the HUD Secretary's Housing and Community Design Award for excellence in residential housing design. The U. S. Department of Housing and Urban Development, in conjunction with the American Institute of Architects, selected Homeless Assistance Center of Dallas, Texas; Project Place - Gatehouse of Boston, Massachusetts; Bridgeton Neighborhood Revitalization of Bridgeton, New Jersey; and Irvington Terrace of Fremont, California.
TDI Ready to Assist Consumers with Hail Damage
AUSTIN, TX - March 31, 2009 - (RealEstateRama) — Consumers who suffered damage to their homes or vehicles in the recent severe weather across Central Texas should contact their insurance company or agent to file a claim as soon as possible.
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.
Insurance Department Urges Homeowners to Consider Flood Insurance
AUSTIN, TX - March 18, 2009 - (RealEstateRama) — Floods are consistently one of the most common, costly and deadly natural disaster Americans face each year - 90 percent of all natural disasters in the nation involve flooding and Texas residents cannot afford to ignore this threat. Flood Safety Awareness Week (March 16-20), is a perfect time to consider local flood risks and learn important information about steps you can take to protect yourself and your family.
Foreclosure Assistance Solutions Inc. repays 351 Texas homeowners more than $390,000
SAN ANTONIO, TX - March 12, 2009 - (RealEstateRama) — Texas Attorney General Greg Abbott today announced the conclusion of the state’s enforcement action against Foreclosure Assistance Solutions (FAS). As a result of an agreement, the Florida-based company must no longer engage in the foreclosure mitigation business in Texas and has paid more than $390,000 in restitution to 351 Texas homeowners.
State housing agency invests $875,000 into Uvalde area housing market
AUSTIN, TX - March 7, 2009 - (RealEstateRama) — Recognizing that promoting and maintaining homeownership in rural Texas improves the viability of entire communities, the Texas Department of Housing and Community Affairs (TDHCA) and State Representative Pete Gallego have announced two awards to a Uvalde-based nonprofit that will help fund homebuyer assistance and home repairs for area low income residents, providing benefits to numerous residents and the local economy.
Consumer Alert: Foreclosure Rescue Scams Growing Threat To Consumers
Fraudulent companies cheat Texans out of the American Dream of homeownership
Austin, TX - March 5, 2009 - (RealEstateRama) — Tough economic times bring out criminals seeking to take advantage of the desperate or unwary.
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:
PSMI OPENS OFFICE IN PLANO, TX
Roswell, NM - February 25, 2009 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI) continues to open branches Nationwide. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Plano, Texas.
Hines’ 717 Texas is the First LEED® Certified Commercial Office Building in Downtown Houston
HOUSTON, TX - February 6, 2009 - (RealEstateRama) – The Houston office of Hines, the international real estate firm, announced today that 717 Texas is the first commercial office building in Houston’s CBD to receive LEED® certification from the U.S. Green Building Council.
State housing agency awards $450,000 to rehabilitate affordable rental property in Nixon
AUSTIN, TX - February 5, 2009 - (RealEstateRama) – Knowing that improving the existing stock of affordable rental housing in rural Texas preserves housing options for younger families and the viability of entire communities, the Texas Department of Housing and Community Affairs (TDHCA) has announced a $450,000 award for the rehabilitation of an existing 24-unit rental property in Nixon, ensuring its viability and bringing economic benefits to the local construction industry
Callegari Proposes Property Tax Appraisal Caps For Texas Businesses
Austin, TX - February 2, 2009 - (RealEstateRama) – On Monday State Representative Bill Callegari (Katy) filed two measures to cap increases in property tax appraisals for commercial property.
Relief For Struggling Homeowners
Austin, TX - January 27, 2009 - (RealEstateRama) – Rep. Mike Villarreal filed legislation today that could provide much needed relief for struggling homeowners.
State housing agency secures $387,000 grant to help step up foreclosure prevention efforts
AUSTIN, TX - January 26, 2009 - (RealEstateRama) – Determined to stem the tide of home foreclosures across the state and help bring stability to families, neighborhoods and local government finances, the Texas Department of Housing and Community Affairs (TDHCA) has announced that it has secured $387,000 in federal grant funds through the National Foreclosure Mitigation Counseling (NFMC) Program.
State housing agency awards $1.2 million for Cameron/Willacy Counties Colonia Self-Help Center
AUSTIN, TX - January 14, 2009 - (RealEstateRama) – Recognizing that improving housing conditions in the state’s colonias can lead to improved health and economic standards for colonia residents, the Texas Department of Housing and Community Affairs today announced that it has awarded Cameron and Willacy counties a $1.2 million contract to operate the counties’ Colonia Self-Help