Texas Bankruptcy Laws

A hard fall for Irvine mortgage lender (Los Angeles Times)  When the sub-prime lending business came crashing down, few fell harder than New Century. As mortgage lender New Century Financial Corp. collapsed last week, some of the


Mortgage Insurance Break Makes Little Sense (The Ledger)  When she heard about a new tax break for homeowners with mortgage insurance, Kathryn Considine was delighted. "I thought if I could deduct what I paid this past year, that


Projects aim to attract new conventions  By Blake Aued, Athens Banner-Herald, Ga. Knight Ridder/Tribune Business News Aug.read more...


Obama Takes Aim at Sub-Prime Lenders  "While predatory lenders were driving low-income families into financial ruin, 10 of the country's largest mortgage lenders were spending more than $185 million lobbying Washington to let them get away


Regulators Seize Mortgage Lender (NYTimes.com via Yahoo! Finance)   IndyMac Bancorp, one of the country?s largest mortgage lenders, was a star in the subprime era.read more...


Mortgage Foreclosures  read more...

July 20th, 2007

Dow scales another peak to close above 14,000

“When credit is fairly available, when interest rates are fairly low and stock prices are not expensive and when top-line growth is pretty good because of world growth, that is a recipe for companies buying equity”

The Dow Jones industrial average closed over 14,000 on Thursday for the first time, capping a one-year, 3,000-point rally that has been driven by corporate buyouts, strong profits and companies buying back … via The Dallas Morning News



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