Texas Bankruptcy Laws

Renting a Co-op or Condo Apt: Exercise Extreme Caution  With vacancy rates so low, real estate agents find themselves showing more condo and co-op apartments, despite their notoriety for being much more difficult apartments to rent than rental buildings.read


You Live in Subsidized Housing  I overheard yet another person ranting about how they hate "housing subsidies", which, in the context of their conversation, meant Section 8-style welfare housing.read more...


Economy adjusted to terrorist attacks  The world changed with the terrorist attacks of Sept. 11, 2001. But it also adjusted.read more...


Taylorstown's Still-Rural Radius   People who live in Taylorstown have made their choices: scenery over shopping, deer over drive-throughs. read more...


Home foreclosures on the rise  The Puck family has a lot to be grateful for this holiday season. Christina, her husband Robert and their four children, for the first time, will celebrate the holidays in


Dollar Pressured After Weak Data, EUR/USD to Test 04 High  "The growth in monetary aggregates is potentially creating an upside risk to inflation going forward" Dollar is pressured in early US session after downside surprise in both Existing Home

October 25th, 2007

Countrywide Financial swings to loss of $1.2 billion on weakening mortgage market (International Herald Tribune)

Countrywide Financial Corp., the largest U.S. mortgage lender, said Friday it swung to a loss of more than $1 billion (?700 million) in the third quarter on to rising loan-loss provisions, writedowns and dwindling origination volume.

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