Texas Bankruptcy Laws

Don't discount housing deflation  The experience will be enhanced for both of you if the target of this not-so-harmless prank happens to be one of the owners of the 38 percent of recent home


Existing Home Sales Set Annual Record but Decline Continues  Even with the sales weakness in the last three months of the year, total sales in 2005 climbed to an all-time high of 7.072 million units, up 4.2 percent from


Ga. Mortgage Fraud Suspect Changing Plea (AP via Yahoo! Finance)   A man accused of stealing the identities of homeless people as part of a massive mortgage fraud scheme is expected to change his plea Tuesday, according to court records.read


Don't raid your 401(k) to pay off mortgage (Baltimore Sun)  Gail MarksJarvis -- On the Money Iam a 58-year-old male, and might be losing my job soon. I don't think I will be able to get another decent


Katrina-Affected Homeowners Get Mortgage Reprieves (NPR)  Tens of thousands of homeowners in the Gulf Coast are likely to default on their mortgage payments this month. A 90-day grace period just ended for many in Louisiana who


Mortgage firms to get tax bills from Carlisle (The Sentinel)  Carlisle Carlisle Borough residents who recently got a copy of their real estate tax bills in the mail -- even though they pay the taxes through a mortgage company --

October 22nd, 2007

US senator introduces legislation designed to restrict abusive mortgage lending practices

“We’re trying to get the current (mortgage) holders to let people out from under mortgages they can’t possibly meet because foreclosure isn’t in anybody’s interest”

WASHINGTON : A leading House Democrat took on the banking industry Monday with a bill to restrict lending practices partly blamed for the nationwide surge in mortgage defaults and foreclosures. via International Herald Tribune



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