Texas Bankruptcy Laws

Cairns Lockie Mortgage Commentary (Scoop.co.nz)  Welcome to the nineteenth fortnightly Cairns Lockie Mortgage Commentary for 2006. We aim to keep you informed on developments at Cairns Lockie, Mortgage Bankers and the mortgage market in general.read


Settlement OK'd on Landfill Issues  BARTOW | Polk County commissioners have unanimously approved a settlement with Haines City and several property owners, ending a 2007 lawsuit over a construction debris landfill at the edge of


Put a Lid on Rising Mortgage Payments (Carmi Times)  (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...


Mortgage Volume Fell Last Week (AP via Yahoo! Finance)   Mortgage application volume fell 4 percent during the week ending Aug. 24, according to the Mortgage Bankers Association's weekly application survey.read more...


ASB captures half mortgage lending increase (Stuff)  There was a big increase in mortgage lending by banks in 2004 with ASB Bank capturing around half the extra business, a 2005 KPMG survey of financial institutions out yesterday


Is competition for house-building contracts 'free and open?'  Since 1998, one builder has received all of the contracts to build low-income housing for two nonprofits working with the city of Macon.via

August 15th, 2007

KKR could lose $290 million on mortgage bonds (Los Angeles Times)

The investment firm’s stock plummets 31% on the news that its debt-backed securities are declining in value. KKR Financial Holdings, a publicly traded debt-investment firm managed by an affiliate of private equity giant Kohlberg Kravis Roberts & Co., said Wednesday that it could lose as much as $290 million because of a decline in the value of mortgage-backed bonds it owns. The company’s stock …

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