Texas Bankruptcy Laws

Troubled US mortgage firm sells 20.5 bln dlrs of assets (AFP via Yahoo! News)   Thornburg Mortgage, Inc., said Monday it had sold 20.5 billion dollars of assets as it seeks to weather the financial storm buffeting the troubled US housing industry.read more...


U.S. stocks sharply lower  "Subprime issues are still really at the core of the market's problems" U.S. stocks had a dismal start to the week Monday. In afternoon trading the Dow Jones industrials


Prominent mortgage exec sees further dip in market (North County Times)  SAN MARCOS -- The nation's troubled housing and mortgage markets will decline even further before they rebound, a prominent mortgage executive told a gathering of real estate agents at Cal


Sharp rise in overdue mortgage payments (Financial Times)  More than a fifth of UK homebuyers who have a chequered credit history have fallen behind on their mortgage payments and even those with top-quality ratings have seen a statistically


Middle class meets tax man  Annual growth projections for the county - and inherently the region - say that we are in a typical Seattle cycle of rosy growth at the end of the decade


Three factors for home loan borrowers to consider  Three factors are in play for home loan borrowers at the moment + falling long term rates, an impending official cash rate review and competition.via

January 3rd, 2006

Time to Invest

Early last year, I came across a stock with some unbelievable numbers. Revenue was up nearly 40% per year for the past three years.

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