Texas Bankruptcy Laws

Home Loan Banks to Aid Mortgage Market (AP via Yahoo! Finance)   The Federal Home Loan Bank system can increase purchases of Fannie Mae and Freddie Mac securities by $100 billion over two years in the latest government effort to stabilize


Draper proposes landslide ordinance for developers  "SunCrest intends to develop only those areas that can be shown to be safe, and it has spent more money ensuring that than in any other development in the history


U.S. weighing troubled mortgage loan guarantees (Reuters via Yahoo! News)   U.S. officials said on Thursday they were weighing the possibility of government guarantees for troubled mortgage loans to try to induce lenders to modify terms and slow a rising


HSBC cuts mortgage brokers (TVNZ)  Hong Kong and Shanghai Banking Corporation is laying off staff after deciding to no longer use mortgage brokers. Twenty staff will lose their jobs when the HSBC closes its broker


Big banks offering new mortgage options to build business (BizJournals)  NORTHEAST FLORIDA --National banks are creating loan programs, similar to those that mortgage companies offer, geared to increase loan originations and deposits while forging relationships with customers in Northeast Florida.read


PKF Study Finds Rampant Optimism in U.S. Hotel Investment Arena  U.S. hotel investors and lenders are the most optimistic they have been since the mid-1990s, according to a recent study published by a leading hospitality consultant.via

May 8th, 2007

Mortgage applications rise for third straight week (USA Today)

Mortgage applications rose for the third straight week, driven by demand for both purchases and refinancings, an industry trade group said Wednesday.

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