Texas Bankruptcy Laws

DALTON - Edge Flooring LLC Announces Acquisition and Investment By an ...  Edge Flooring LLC is excited to announce the completion of a transaction with an affiliate of Hunt Special Situations Group , a middle market private equity group.read more...


Haines City CRA Budget Approved  HAINES CITY | Community Redevelopment Agency board members unanimously approved the city's $4.6 million CRA budget for next year. read more...


First Magnus, Mortgage Lender, Files for Bankruptcy Protection (Bloomberg.com)  Aug. 21 (Bloomberg) -- First Magnus Financial Corp., the second-largest privately held U.S. mortgage company, filed for bankruptcy, less than one week after it shut down its lending operations.read more...


FDOT Says No to Another Traffic Light on U.S. 27  FOUR CORNERS - Like other Northeast Polk County neighborhoods before it, Regency Place and its neighboring developments that have sprung up along U.S. 27 have been told they do not


State mortgage lender ordered to pay Mich. customers restitution  DETROIT -- Michigan's banking regulation office on Wednesday issued a cease-and-desist order against a troubled Connecticut-based mortgage lender that works primarily with people with poor credit.Commentread more...


Mortgage banker opens area office  Gateway Financial Services has re-opened its South Coast mortgage financial services office this summer.read more...

July 20th, 2007

Escrow Could Help Subprime Borrowers

With an important exception, lenders price mortgage loans on the assumption that borrowers will include taxes and insurance premiums in their monthly payments. These payments are placed in an escrow account under the lender’s control. When a payment is due, it is made by the lender.


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