Texas Bankruptcy Laws

Consumers don't see burden getting lighter (Reg Req'd)  For Rosella Kelly, life has gotten down to the bare essentials. "This is really making me nervous," said the 65-year-old Pleasant Grove grandmother, who is staring at a $346 electricity


Washington offers no relief for savers  Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it.read more...


THE 'FOREVER' ROOM  The American Society of Interior Designers and Southern Accents magazine have named Barbara Howard, ASID, an Atlanta-based interior designer, grand-prize winner of the sixth annual National Residential Interior ...read more...


Stocks End Rough Week With Modest Drop   "It's disappointed in the size of the economic growth package. Wall Street's showing its displeasure" Wall Street ended a painful week with another decline Friday as skittish investors unable


Drinks? DJs? See Realtor Inside  Despite sluggish home sales in most of the country, some Realtors and developers are sinking money into lavish open-house parties that they hope will draw crowds -- and an eventual


Man accused in mortgage fraud scheme set for plea hearing   A man accused of stealing the identities of homeless people as part of a massive mortgage fraud scheme is expected to change his plea Tuesday, according to court records.

August 2nd, 2005

GMAC Sells Stake in Its Mortgage Unit (AP via Yahoo! News)

General Motors Acceptance Corp., the financial services unit of General Motors Corp., said Wednesday it agreed to sell a 60 percent stake in its commercial mortgage subsidiary to a private equity investor group that includes Kohlberg Kravis Roberts & Co., Five Mile Capital Partners and Goldman Sachs Capital Partners.

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