Texas Bankruptcy Laws

Regents to discuss renovation backlog  Next year's legislative funding strategy, building renovations and increasingly stringent university audits are all on schedule for discussion at next week's Iowa Board of Regents meeting.read more...


A&L to rein back mortgage lending (Financial Times)  Alliance & Leicester plans to reduce mortgage lending this year after it reported a 30 per cent slide in 2007 pre-tax profits in the wake of £185m writedowns on its


Fort Hood area boasts record new home sales  New homes sales soared to an all time high last month according to the U.S. Commerce Department.read more...


Ease of Use  "She knew what was not working for her mother, and she did not want to have that same situation [as she aged]" At the Southern Ideal Home show -


Bear Stearns taking additional writedown   Investment bank Bear Stearns Cos. will take a $1.2 billion writedown in the fourth quarter related to weakness in its credit portfolios, Chief Financial Officer Samuel Molinaro Jr. via


Report slams Home Information Packs  Home Information Packs have been championed by the government as a means of cutting down on the number of property transactions that break down.read more...

July 25th, 2007

Lender: ‘Good’ Borrowers Fall Behind

Countrywide Financial, the nation’s largest mortgage lender, said Tuesday that more borrowers with good credit were falling behind on their loans and that the housing market might not begin recovering until 2009 because of a decline in house prices that goes beyond anything experienced in decades.



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