Texas Bankruptcy Laws

reform, not rescue  AS homeowners by the millions fall behind on their subprime mortgages, cries for a government bailout are starting to echo through Washington.Commentread more...


FBR's Mortgage Unit Files for Chapter 11 (AP via Yahoo! Finance)   Investment bank Friedman Billings Ramsey Group Inc. said Friday that, as expected, its mortgage lending arm First NLC Financial Services LLC has filed for Chapter 11 bankruptcy protection.read more...


Average mortgage up 30% in three years (Sydney Morning Herald)  The average home mortgage has increased 30 per cent over the past three years, despite the cooling Australian property market, an index shows. The AFG Mortgage Index has found that


AUSTRALIA'S PMI LAUNCHES QUARTERLY MORTGAGE MARKET RISK INDEX (Asia Pulse via Yahoo! Australia & NZ Finance)  Housing Australia's mortgage market risk remains relatively low when compared with levels of the past 18 years, a new index has found.read more...


Giving your home quite an entrance  "They can't see the little things." Julie Mendonsa can see what other people can't. Mendonsa is a professional home stager. via Myrtle Beach Online read more...


Closing loophole or raising a tax? Spitzer's $449 million gamble  An emerging conflict in Gov. Eliot Spitzer's proposed state budget is over $449 million he wants to recover by closing corporate loopholes, but which opponents call a veiled business tax

February 24th, 2007

Shifting Housing Market Snubs Bad Credit

Homeowners with troubled credit histories are finding it harder to get mortgages or refinance homes because softening in the housing market is making lenders less likely to handle riskier loans.
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