Texas Bankruptcy Laws

HSBC reports steepest fall in first-half profit since 2001 due to bad US mortgage loans (Minneapolis-St. Paul Star Tribune)  LONDON - HSBC Holdings PLC, Europe's largest bank by market value, reported Monday its steepest fall in profit since 2001 as costs for bad U.S. mortgage loans mounted.read more...


Couple successfully walked the mortgage tightrope (Daily Press)  The Milwaukee parents of three rejected mortgage offers for more than they thought they could afford. Keith and Vicky Newson appeared destined to become subprime lending statistics.


'Marketplace' Report: Mortgage Relief (NPR)  The nation's biggest mortgage lender, Countrywide Financial, will modify or refinance $16 billion in loans to homeowners facing higher adjustable interest rates. Also, Capitol Hill may allow homeowners with risky


Mortgage sales boost Bradford & Bingley (Tiscali)  LONDON (Reuters) - Bradford & Bingley said on Thursday 2005 profits rose 11 percent from a year earlier after mortgage sales rebounded to a record level in the second half


Calls for mortgage action rise (Portsmouth Herald)   CONCORD (AP) ? New Hampshire's banking commissioner says the mortgage meltdown sweeping the country shows it's time to allow the state to license loan "originators." read more...


Float Foundation exceeds goals in city  The loss of city funding didn't keep West Covina out of the Tournament of Roses parade in January, and now the people who kept it going are doing more to

July 13th, 2006

Mother admits helping son run hedge fund scam

A Greenwich mortgage broker admitted Thursday that she helped her college-age son recruit investors in a multimillion-dollar hedge fund scam but said she really believed he was a savvy money manager.

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