Texas Bankruptcy Laws

Local mortgage rates drop (Orange County Register)  Mortgage rates dropped in Orange County this week for the fifth straight week.read more...


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Mortgage Applications Fall 4th Straight Week (Fox News)  Mortgage applications fell for a fourth straight week last week despite a jump in refinancings as lower interest rates on fixed-rate loans enticed home-owners to switch out of adjustable-rate mortgages,


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Many Newly Homeless Live In Vehicles  read more...

July 25th, 2007

Banks stuck with Chrysler debt

“This just seldom happens when banks have to do something like this. Nobody wants to catch a falling knife and this is going to have an impact throughout the market.”

Chrysler Group’s sale to a private-equity firm was back on track yesterday after a group of major Canadian and American banks agreed to assume the bulk of a US$12-billion debt that failed to attract buyers. via London Free Press



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