Texas Bankruptcy Laws

Why Mortgage Life Insurance is Not a Good Idea (Hope Star)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Is It Time to Remodel The Homeowner Tax Break?  One suggestion from President Bush's tax-reform advisory panel -- restricting the deduction for mortgage interest -- raises the question: How far should the U.S. government go in encouraging homeownership?read more...


Communities Become Home Buyers to Fight Decay  As a wave of home foreclosures courses through the United States, some of the nation's hardest hit cities think they have found a way to ease the blight left on


Public Notice  SUBSTITUTE TRUSTEE'S SALE WHEREAS, default having been made in the payment of the debts and obligations secured to be paid by that certain Deed of Trust executed on December 28,


Laminate: A Trend In Countertop Culture  Manufacturers are moving upmarket with metal, wood and stone looks.read more...


When a Sale 'Liens' on the Seller    Q: DEAR BOB: We are buying an out-of-state house. The closing is scheduled to be in about two weeks. It is a for-sale-by-owner, and the sellers aren't knowledgeable about

August 3rd, 2005

GMAC Sells 60 Pct. Stake in 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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