PLANO, TX - February 21, 2011 - (RealEstateRama) -- A 68-year-old Dallas man has been indicted in a commercial real estate investment scheme in the Eastern District of Texas, announced U.S. Attorney John M. Bales today

HOUSTON, TX - February 18, 2011 - (RealEstateRama) -- Melvin Lendall Brown, a Houston area resident, has been sentenced to prison for wire fraud arising from a mortgage fraud scheme, United States Attorney José Angel Moreno announced today. This morning, United States District Judge David Hittner sentenced Brown, 48, to 57 months in prison for his wire fraud conviction arising from an elaborate mortgage fraud scheme in which Brown was an organizer and leader. Brown pleaded guilty to a single count of wire fraud arising from the scheme on April 20, 2010. The scheme, carried out between June 2004 and June 2005, involved numerous misrepresentations on mortgage loan applications prepared for recruited straw purchasers and supported by fraudulent documents.

EUGENE, OR - February 18, 2011 - (RealEstateRama) -- Tyler, Texas real estate agent Kathy Smith has enabled the remarkable IDX Broker software on her professional website, making her the host of a dynamic and comprehensive real estate search function. The online property search process was once complicated for agents, brokers and home seekers alike. But now, with the IDX solution Smith employs, the online real estate search has never been a simpler, faster or more successful experience. The customized IDX tools Smith supports automatically display thousands of Tyler MLS (BTARMLS) listings, giving her clients and other East Texas home seekers comprehensive database of listings to search, while simultaneously simplifying Smith's job.

Dallas, TX - February 16, 2011 - (RealEstateRama) -- McGuyer Homebuilders, Inc. (MHI) today announced it will pursue the U.S. Green Building Council’s LEED for Homes certification for all homes under its signature brands - Plantation Homes, Coventry Homes and Carmel Builders across the greater Dallas/Fort Worth, Tex. market. MHI, a leader in the production homebuilding community in Texas, announced its commitment at this week’s Texas Green Home Summit in Irving. With a commitment estimated at approximately 300 homes, MHI would become the largest builder of single-family LEED homes in the Texas market.

February 15, 2011 - (RealEstateRama) -- Since September 7, 2008 the U.S. taxpayers have sunk $153 billion into Fannie Mae and Freddie Mac. And according to Federal Housing Finance Agency (FHFA) the final tab could be as high as $363 billion! As if the news couldn’t get any worse for the American people, an investigation undertaken by this Subcommittee has discovered that the taxpayers have spent more than $162 million defending Fannie, Freddie and their former top executives in civil lawsuits accusing them of fraud. This includes over tens of millions dollars for former executives who knowingly and purposefully manipulated earnings to increase their own compensation, and whose actions directly contributed to the demise of the GSEs.

DALLAS, TX - February 11, 2011 - (RealEstateRama) -- David Boles, 52, of Colleyville, Texas, who owned Metro Buy Homes, LLC., pleaded guilty this afternoon before U.S. Magistrate Judge Irma C. Ramirez to one count of mail fraud, announced U.S. Attorney James T. Jacks of the Northern District of Texas. Boles faces a maximum statutory sentence of 20 years in prison and a $250,000 fine. In addition, as part of his plea agreement with the government, Boles agrees to pay restitution for losses resulting from all of his criminal conduct and not just limited to losses stemming from his conviction offense. Boles is scheduled to be sentenced by U.S. District Judge Jane J. Boyle on May 26, 2011.

EUGENE, OR - February 11, 2011 - (RealEstateRama) -- IDX, Inc. has enabled IDX Broker software on the real estate website of yet another professional Broker/Realtor, that of Dallas, Texas broker Dorothy Warda. The unique technology her IDX solution employs has revolutionized the way Warda displays properties on her website. As a member of the North Texas Real Estate Info Systems (NTREIS), Warda can sync thousands of properties instantly with her website, giving home seekers the most comprehensive database of detailed listings available. IDX Broker software has forever changed the functionality of the website Warda supports.

AUSTIN, TX - February 9, 2011 - (RealEstateRama) -- State Representative Eric Johnson (Dallas) has filed three bills to better protect Texans who stand to lose their property through eminent domain.

EUGENE, OR - February 3, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Hilltops Lake, Texas real estate broker Cathy Lagravier has opted to enable a custom IDX solution on her website. Home seekers can now experience an online property search like never before available, thanks to the partnership between IDX and the Bryan-College Station MLS (BCSMLS). Thousands of detailed property listings are now synced to Lagravier's search page, giving potential buyers a comprehensive database of homes to search, without ever leaving the website Lagravier hosts. The convenient and easy-to-use IDX-enabled website of Lagravier has forever changed the Hilltops Lake home search.

HOUSTON, TX - February 1, 2011 - (RealEstateRama) -- Congresswoman Sheila Jackson Lee (D-Texas) will join the Houston Housing Authority as they roll out the welcome mat for more than 100 low-income families at 2:30 p.m. CT on Tuesday, February 1, at Kennedy Place, 3100 Gillespie, Houston Texas 77020. Kennedy Place is celebrating its grand opening week after being rebuilt with federal funding from the Stimulus Act, which has created thousands of jobs throughout the country while stimulating local economies, including Houston’s

EUGENE, OR - February 1, 2011 - (RealEstateRama) -- El Paso, Texas home seekers can now experience an online property search like never before, on the joint venture between IDX, Inc. and real estate broker David Karam. Now, Karam hosts his own customized IDX solution, giving his website a unique and specialized search capability. Thousands of El Paso MLS (EPMLS) listings are now synced to his website, allowing potential buyers to search through a complete database of local El Paso properties. With all of the unique capabilities Karam hosts on his website, his search page is the best place for El Paso home seekers to begin their property search process.

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