Texas Bankruptcy Laws

Connecticut seeks arrest of Mortgage Lenders executive (Reuters via Yahoo! News)   Connecticut said on Monday it is seeking the arrest of former Mortgage Lenders Network USA Inc. President Mitchell Heffernan for failing to pay employees as the subprime lender sank


JPMorgan Chase: More mortgage market losses for 3Q (San Francisco Chronicle)  JPMorgan Chase & Co. revealed Monday that it has incurred more substantial losses in its mortgage investments so far in the third quarter than it did in the previous three


Mortgage fraud trial continued until July (Bradenton Herald)  The criminal trial of four people accused of being in a local mortgage-fraud ring has been postponed, but the delay won't push back the sentencing of three others who pleaded


Paulson urges action on housing crisis  "Let me be clear, despite strong economic fundamentals, the housing decline is still unfolding and I view it as the most significant current risk to our economy" Treasury Secretary


Woman pleads guilty to mail fraud in Holman Escrow case  The key figure in the Holman Escrow case has pled guilty to one count of mail fraud.via


Masonry firm may be shut down by state  A Middletown-based masonry contractor may be barred from the home improvement industry for failing to reimburse customers.read more...

July 27th, 2006

Regions mortgage relocates, cuts jobs (bizjournals.com via Yahoo! Finance)

Regions Bank is moving its mortgage banking headquarters operations to Birmingham, Ala., and as part of the move plans to eliminate 100 jobs in Memphis.

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