Texas Bankruptcy Laws

Mortgage industry cries foul over new law  A new law aimed at predatory lenders could stop legitimate mortgage and title companies from doing business in Cook County, an industry group charged Tuesday.read more...


Midday Action, August 27   Stocks come off morning lows, but remain negative on disappointing existing home sales. via Optionetics read more...


Caution Is Urged For Katrina Hosts  June Fletcher on issues to consider before offering up your home as shelter to a homeless individual or family.read more...


VA mortgage loans offered (Portsmouth Herald)   PORTSMOUTH and#8212; Service Credit Union is now offering VA mortgage loans with up to 100 percent financing. A VA loan is a real estate loan that is guaranteed by


The heat is on mortgage referral schemes (Newsday)  It's one of American real estate's seamier practices, and it's almost impossible for consumers to detect - kickbacks and sweetheart payoffs among realty agents, title and escrow companies, lawyers and


Nonprofit has new agenda for promoting 'work force' housing for ordinary people  The situation facing Housing Assistance Corp. last fall when Hurricane Katrina victims came to Cape Cod was nothing short of a crisis, executive director Rick Presbrey said at the organization's

June 8th, 2005

Lowering your monthly mortgage payment (Bankrate.com)

I have an extra $15,000 to invest, and what I would like to do is lower my house payment by paying down my loan by this amount so that my mortgage payment would decrease. My mortgage company tells me that I cannot do this. They tell me that I can only reduce the interest that I owe.

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