Texas Bankruptcy Laws

First Mariner files $15M lawsuit against Virginia mortgage broker (BizJournals)  Reeling from losses on mortgage loans, First Mariner Bank has filed a $15 million lawsuit against Virginia mortgage broker East West Mortgage Co., claiming the firm falsified mortgage loan documents


Chain of 24-Hour Diners Marks 50 Years of Cookin' Southern  read more...


Ford Profit Dips, Warns On Q2  Associated Press Update 4: Ford's 1Q Profit Dips, May Have 2Q Loss 04.20.2005, 11:44 AM Ford Motor Co., the nation's second biggest automaker, said Wednesday its earnings fell 38.5 percent


People in Business  Kentucky State University has named Dr. James Tidwell as chairman of its division of aquaculture.read more...


Mortgage arranger guilty of fraud (The Cincinnati Enquirer)  The operator of a Springdale mortgage firm pleaded guilty Friday to conspiracy to commit bank fraud and money laundering.read more...


Chinese firm seeking Unocal hints at concessions to U.S.  Trying to allay U.S. national security worries about its bid for Unocal Corp., Chinese state-owned oil company CNOOC Ltd.via

May 24th, 2005

“Bubble Schmubble”

I consider myself a housing “bull.” When I went to Boston this weekend for my friend’s graduation, one young business man boasted about how he landed a cool $1.2 million for his home after wisely renovating and …

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