Texas Bankruptcy Laws

Saving when you expect to be rich  Tax-free accumulation for 40 years can add up to big dollars, says Dr. Don.read more...


Commercial construction buoyed by hotel project  A permit for construction of a Residence Inn hotel helped boost the value of commercial building started in August.read more...


Australia Mortgage-Backed Bond Sales Fall 87% to Three-Year Low (Bloomberg.com)  Dec. 31 (Bloomberg) -- Australian mortgage-backed bond sales fell to the lowest in three years as the fallout from the U.S. housing recession cut demand for the assets in the


First Magnus, big mortgage lender, halts loans (Washington Post)  NEW YORK (Reuters) - First Magnus Financial Corp., one of the largest independent U.S. mortgage lenders, said on Thursday it has stopped funding home loans and taking mortgage loan applications


Living Out the American Dream One Mortgage Payment at a Time  Wall Street Journal editor Kate Flatley Lavoie reflects on how much of her house she actually owns and the day when she can say it's 100% hers. read


Savings Tumble Poses Risk to Boomers   People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire.Commentread more...

September 22nd, 2007

HSBC shuts US mortgage lending unit (The Australian)

HSBC continued the restructuring of its US mortgage business, which has suffered heavy losses on sub-prime loans, by announcing the closure of its wholesale lending arm with the loss of 750 jobs.

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