Texas Bankruptcy Laws

Woman accused of stealing $115K  A Coralville woman faces multiple theft charges for allegedly stealing more than $115,000 in loan fraud schemes.read more...


Bank warns on spiral of debt as loans hit 268bn  IRISH borrowers have 'humongous' debts, the Central Bank warned last night. The Bank issued one of the strongest warnings yet about the country's spiralling debt as another 5.6bn was added


Man Accused In Mortgage Scheme -- Again (NBC 4 Columbus)  A man accused of being the ringleader in a mortgage scheme is arrested again for the same allegations.read more...


Chat Plus    Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...


(AFX UK Focus) 2006-05-24 12:28 GMT: Mortgage applications fell 6%; 30-year fixed down to 6.61% (Interactive Investor)  NEW YORK (AFX) -- Applications for mortgage loans fell 6% seasonally adjusted and 6.2% unadjusted in the week ending May 19, the Mortgage Bankers Association reported. Refinancings accounted for 35.7%


Obama attacks McCain mortgage bailout plan (Reuters via Yahoo! News)   Democratic presidential nominee Barack Obama accused Republican John McCain on Thursday of backing a mortgage bailout plan that would reward banks responsible for the U.S. housing crisis, as he

July 26th, 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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