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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.

Hammerly Business Park Inks First Deal with Goodyear Tire

Houston, TX - June 12, 2009 - (RealEstateRama) — The Goodyear Tire & Rubber Company, one of the world's largest tire companies, has signed a new 17,658 square foot lease at the Hammerly Business Park. This marks the first tenant to sign-on at the new 140,000 square foot office/distribution warehouse, which is located at 1811 Brittmoore Road in northwest Houston, just off Beltway 8 and Interstate 10. The recently constructed facility is a development of Clay Development and Construction and is a deed-restricted park with regional detention and professional management.

Web site Details First-of-Its-Kind Veterans Community

Donations Encouraged to Support the Development of "Patriots by the Lake". HOUSTON, TX - June 12, 2009 - (RealEstateRama) — Plans to develop the nation's first-of-its-kind mixed-use waterfront community designed for and dedicated to veterans are now officially underway. The innovative development, known as Patriots by the Lake, is intended to offer veterans high-quality health care services, a combination of housing options, and an array of amenities and job opportunities for them and their families

TDHCA’s Brooke Boston earns national recognition as 2009 Young Leader in affordable housing

AUSTIN, TX - June 11, 2009 - (RealEstateRama) – Brooke Boston, an executive with the Texas Department of Housing and Community Affairs (TDHCA), has been named to the list of 2009 Young Leaders by Affordable Housing Finance magazine. Boston currently serves as Deputy Executive Director for Community Based Programs, and also leads the Department’s Office of Recovery Act Accountability and Oversight.

HUD announces $1.7 billion in disaster assistance to Texas

FORT WORTH, TX - June 10, 2009 - (RealEstateRama) – U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD is allocating $1,743,001,247 in disaster aid to help the State of Texas recover from Hurricanes Ike and Gustav.

CB Richard Ellis Closes on Lease in Southwest Houston

Houston, TX - June 10, 2009 - (RealEstateRama) — JT Parker Claims, a multi-line independent adjusting and claims management company, has expanded its office lease at Ashford Crossing II with an additional 3,238 square feet. The six-story, 161,213 square foot building is located at 1880 Dairy Ashford in southwest Houston. Matt Dunn of CB Richard Ellis represented the landlord, Enterprise Development Company, in the transaction.

IHG’s Portfolio of Extended-Stay Hotels in Houston to Triple

ATLANTA, GA - June 4, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) (IHG) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that Houston can expect another 2,400 guest suites from extended-stay hotel brands Staybridge Suites and Candlewood Suites with 27 new hotels in the development pipeline.

Hines Announces Leasing Activity at Phoenix Tower

HOUSTON, TX - June 4, 2009 - (RealEstateRama) — Hines, the property and leasing manager for Phoenix Tower in Houston, on behalf of building owner, FSP Phoenix Tower Limited Partnership (“FSPLP”), announced today the following leasing activity at the 34-story, 629,000-square-foot office tower located at 3200 Southwest Freeway:

Attorney General Abbott Charges Houston Property Tax Firm with Texas Property Tax Code and...

HOUSTON, TX - June 1, 2009 - (RealEstateRama) — Texas Attorney General Greg Abbott has charged O’Connor & Associates, which purports to be the state’s largest property tax consultant, with violating the Texas Property Tax Code and the Deceptive Trade Practices Act.

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.

How to Select a Lender in Real Estate Investing

Prior to investing in real estate, you should select a lender with caution. Always question the lenders about how they can help you out...

FEMA Obligates Nearly $4 Million To Texas Southern University For Science Building And Auditorium...

AUSTIN, TX - April 02, 2009 - (RealEstateRama) — The Federal Emergency Management Agency (FEMA) has awarded $3,974,593 to the state of Texas for Texas Southern University in Houston for repairs to classrooms, hallways and an auditorium severely damaged by Hurricane Ike.

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.