Texas RealEstateRama

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

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:

WASHINGTON, DC - December 22, 2010 - (RealEstateRama) -- A Harris County, Texas, commissioner and a Houston-based real estate developer have been charged with bribery conspiracy in an indictment returned yesterday by a federal grand jury in the Southern District of Texas, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division.

DALLAS, TX - December 20, 2010 - (RealEstateRama) -- At separate sentencing hearings today, U.S. District Judge Barbara M.G. Lynn sentenced housing developers Brian L. Potashnik and Cheryl L. Potashnik, who were convicted in what has become known as the “Dallas City Hall Corruption Case,” announced U.S. Attorney James T. Jacks of the Northern District of Texas.

WASHINGTON, DC - December 14, 2010 - (RealEstateRama) -- Congressman Randy Neugebauer (R-TX), House Financial Services Oversight Subcommittee Chairman, released the following statement today regarding his December 13, 2010 letter to FHFA Director DeMarco

December 10, 2010 - (RealEstateRama) -- Congressman Silvestre Reyes (D-TX) released the following statement after today’s groundbreaking ceremony for the new 73-unit Paisano Green Community. The $10.4 million project was made possible by an $8.25 million grant from the American Recovery and Reinvestment Act. El Paso was one of only 36 communities in the nation (and the only one in Texas) awarded with a competitive grant for the construction of ‘green’ affordable housing units. Congressman Reyes was scheduled to speak at today’s ceremony but was unable to attend due to ongoing votes in the U.S. House of Representatives

AUSTIN, TX - December 8, 2010 - (RealEstateRama) -- Texas State Representative Bill Callegari (District 132, Katy) announced the introduction of legislative packages to lower the state's spending cap and, separately, limit home property tax appraisals.

December 3, 2010 - (RealEstateRama) -- USAA Real Estate Company is pleased to announce that the Colonnade Centre, a multi-tenant, class A, office building located in San Antonio, Texas has earned a Leadership in Energy & Environmental Design for Existing Buildings (LEED EBOM) certification from the United States Green Building Council (USGBC) at the GOLD level.

HOUSTON, TX - December 2, 2010 - (RealEstateRama) -- Four employees of Central Capital Financial Group have been sentenced to prison for running a mortgage fraud scheme, United States Attorney José Angel Moreno announced today. United States District Judge Nancy F. Atlas handed down the sentences in federal court in Houston on Monday and Tuesday of this week.

November 23, 2010 - (RealEstateRama) -- “Today I sent a letter to FHFA Acting Director DeMarco asking him to provide a full and clear accounting of taxpayer dollars being expended for lawyer’s fees and related legal activities for Fannie Mae and Freddie Mac, including former executives who are the subject of ongoing class action lawsuits. Now that the taxpayers are on the hook for the operations of Fannie and Freddie I want to be certain that their money is being used in the most responsible manner possible. Among other things, I am concerned that the taxpayers are stuck picking up the tab for ongoing legal counsel for the very executives who drove the GSEs into conservatorship in the first place.

Washington, DC - November 17, 2010 - (RealEstateRama) -- Congressman Lamar Smith announced today that Comal County has been awarded a federal grant of over $10 million to help to reduce flood levels of Dry Comal Creek in southern Comal County, Texas.

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.

LUBBOC, TX - November 16, 2010 - (RealEstateRama) -- Texas Attorney General Greg Abbott is charging two Lubbock mortgage companies and their owners with orchestrating a complex scheme to defraud Texas property owners. The State’s enforcement action names Enhance Mortgage Corp. and Templeton Mortgage Co. Inc. as defendants and charges both with violating the Texas Deceptive Trade Practices Act.

Washington, D.C. - November 10, 2010 - (RealEstateRama) -- Congressman Henry Cuellar (TX-28), along with U.S. Energy Secretary Steven Chu, announced today that Texas has reached a significant milestone under the American Recovery and Reinvestment Act – completing weatherization work for more than 30 percent of the homes the state had planned to weatherize

AUSTIN, TX - November 5, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that it has reduced interest rates on mortgage loans offered through its Texas First Time Homebuyer Program to historically low levels, further opening the door to safe and responsible homeownership for qualifying low to moderate income Texans.Interest rates on these 30-year, fixed rate mortgage loans have been set at either 4.20 percent or 4.95 percent, depending on which of two types of loans the borrower selects. Rates had previously been set at 4.99 percent or 5.74 percent, respectively. The assisted rate of 4.95 percent is available with funds for down payment and closing cost assistance, helping families overcome what are often the biggest obstacles to buying a home.

AUSTIN, TX - October 28, 2010 - (RealEstateRama) -- Consumers who suffered property damage in the recent severe weather in the North Texas area should contact their insurance company or agent to file a claim as soon as possible. Initiating this process is the first step toward getting money to begin making repairs.

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

EUGENE, OR - October 21, 2010 - (RealEstateRama) -- North Texas Real Estate Info Systems (NTREIS) listings are now seamlessly displayed for Dallas, Texas home seekers, on the website of Mark Sanchez. IDX, Inc. and Sanchez have joined forces to simplify the online property search, by syncing a customizable IDX solution directly to the search page of Sanchez. Now, thousands of detailed property listings are available around the clock for potential buyers to search through and examine. Never before has such a revolutionary real estate technology been so accessible to area home seekers.

October 20, 2010 - (RealEstateRama) -- USAA Real Estate Company announced the sale of Boardwalk at Town Center in The Woodlands, Texas to MEPT, a $4.0 billion real estate equity fund which was advised by its real estate advisor, Kennedy Associates. Will Balthrope and Ryan Epstein with the Balthrope Group of Institutional Property Advisors, a Marcus & Millichap Company, represented USAA in the transaction. Details of the purchase and sale agreement have not been disclosed.

Washington, D.C. - October 6, 2010 - (RealEstateRama) -- Congressman Rubén Hinojosa announced a $100,000 grant was awarded to Refugio County by the U.S. Department of Agriculture under the Rural Development Housing Preservation Grants Program to repair and improve rural homes for low and very-low-income residents.

DALLAS, TX - October 6, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced the acquisition of Mission Rock Ridge Apartments, a 226-unit multifamily community in Arlington, located between Dallas and Fort Worth. The acquisition closed on Sept. 30, 2010.

EL PASO, TX - October 6, 2010 - (RealEstateRama) -- Texas Attorney General Greg Abbott today reached an agreement with Wells Fargo & Co. that will provide $5 million in relief to more than 200 Texas homeowners who had “payment option” adjustable rate mortgage loans with the bank.

Washington, D.C. - October 6, 2010 - (RealEstateRama) -- Concerned that federal bank regulators are making the challenges confronting America's commercial real estate sector worse, U.S. Congressman Kevin Brady (R-Texas) has introduced legislation to stabilize commercial mortgage lending and strengthen private investment in the commercial real estate market.

New York, NY - October 6, 2010 - (RealEstateRama) -- The renowned Greenhouse Spa in the Dallas/Fort Worth Metroplex, a favorite exclusive retreat for nearly every first lady from Nancy Reagan to Lady Bird Johnson, as well as such celebrity names as Grace Kelly, Cindy Crawford, Brooke Shields, Paloma Picasso and Estée Lauder, among others, will be sold at auction on Wednesday, November 19th announced Douglas Johnson, managing director, of CBRE Auction Services.

EUGENE, OR - September 27, 2010 - (RealEstateRama) -- IDX, Inc. welcomes the latest real estate professional to adopt IDX Broker software, Kevan Pewitt of Houston Prime Realty in Houston, Texas. Pewitt has enabled the powerful IDX solution, which extracts raw listing data from the Houston MLS (HARMLS) and seamlessly integrates them among his own listings. Potential buyers in Houston can now quickly and efficiently scan thousands of properties on the real estate website Pewitt hosts, making it the logical first step for home seekers searching for homes online

Dallas, TX - September 21, 2010 - (RealEstateRama) -- The U. S. Department of Housing and Urban Development (HUD) will be awarding Dallas County with a $2,342,611 Community Development Block Grant (CDBG), a $93,098 Emergency Shelter Grant (ESG) and a $773,694 HOME grant.

September 20, 2010 - (RealEstateRama) -- Unlike the beasts, mankind survives because he is a scientist. We cannot physically compete with animals that can fly, or run and swim faster than us, who can drink dirty water and combat the bacteria in it, or who multiply in such sheer numbers that they survive despite losing 95% of their offspring each generation. No, human beings survive in this universe because our nature is to figure out the natural laws of physics, and domesticate them, building infrastructure, to reflect those laws in the world we create. We build farms to feed each other, build machines to aid our productivity, and build our knowledge, to improve our culture, and the technology of our infrastructure, from one generation to the next.

September 20, 2010 - (RealEstateRama) -- True to his fascist character, Nero Obama is playing golf while the United States burns. Every day, new reports emerge of the effects of our nation’s collapsing infrastructure and bankrupt localities: fire and police departments are laying off emergency responders, social safety nets are being eliminated, and cities across the country are faced with horrifying conditions. Now Detroit, just one of the 2,000 municipalities denied Federal relief, by Obama, is burning down.

EUGENE, OR - September 17, 2010 - (RealEstateRama) -- IDX, Inc. has collaborated with Jody Keating of Connective Realty in College Station, Texas to bring thousands of property listings to area home seekers. With her new IDX enabled website Keating can let the customizable technology work for her and her clients, retrieving hundreds of homes in under a second. The unique IDX Broker software seamlessly integrates Bryan-College Station MLS (BCSMLS) listings onto the real estate website Keating hosts, giving potential buyers the opportunity to find the perfect home without leaving theirs or the convenience of website of Keating