Texas Bankruptcy Laws

Mortgage Payment Blues (The Motley Fool via Yahoo! News)   Rising interest rates might be great news for your savings accounts, but they're not such great news for anyone whose mortgage rates adjust with the rising tide. In fact,


HUD settles with KB Home Mortgage (BizJournals)  The Department of Housing and Urban Development announced it reached a $3.2 million settlement with KB Home Mortgage Co. in connection with a series of alleged violations of HUD requirements.via


Heritable adds new mortgage rates (Money Marketing Online)  Heritable Bank has launched a range of mortgage with lower interest rates available up to 80 per cent LTV.read more...


Bernanke assures Hill on mortgage hit (AP via Yahoo! News)   Federal Reserve Chairman Ben Bernanke told Congress Thursday the credit crisis has created "significant market stress" and offered fresh assurances that regulators would take steps to curb fallout related


Hold developers to same standard as homeowners  As the daughter of the late Sen. Frederick C. Malkus Jr., I would like to clarify a point of concern to my family.read more...


Appraisers, Still Feeling Pressure    Have the real estate valuation shenanigans and inflated home appraisals that characterized the boom years disappeared? read more...

October 26th, 2007

Countrywide Financial reports Q3 loss of $1.2B on mortgage woes (The Canadian Press via Yahoo! Canada News)

LOS ANGELES - Countrywide Financial Corp. lost US$1.2 billion in the third quarter, but its shares soared Friday after the largest U.S. mortgage lender said it expects to be profitable this quarter and next year.

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