Texas Bankruptcy Laws

Frustration Builds As Property Taxes Rise  State and muncipal officials are facing public outcry over property taxes even as the housing slump eats into local revenue. read more...


Owner of home building biz in it for the long haul (Reg Req'd)  Without so much as lifting a hammer, Justin Wood builds about 20 houses at a time.read more...


GMAC Capitalizes New Residential Mortgage Subsidiary; Elects Jacob and Melzer to Board of Directors (PR Newswire via Yahoo! Finance)   General Motors Acceptance Corporation , the financial services subsidiary of General Motors Corporation , announced it has restructured its residential mortgage operations. GMAC transferred ownership of GMAC Mortgage Corporation


Is There Still Profit to Be Made From Buying Fixer-Upper Homes?  June Fletcher on the direction of the housing market and how declining house sales and prices may affect investors who purchase and rehab homes in need of repair.read more...


Property sale gives park residents 6 months to move  Bob and Elisabeth Arler bought their trailer about three years ago at Caprice Estates park with a five-year lease on the land.read more...


A&L Earnings Edge Higher  Mortgage lender Alliance and Leicester has seen its earnings edge up as cost cuts take effect.read more...

July 6th, 2007

A Dangerous Combination: Rising Debt and Falling Housing Prices

The wonderful world of leverage has lifted homeownership to near-record levels, and we thump our chests with pride at the prosperity and middle-class life that possessing a home implies. Hovering in the background, however, is a glaring statistic: Never before have homeowners actually had such a…



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