Texas Bankruptcy Laws

Morgan Stanley cuts 1,000 mortgage jobs (Reuters via Yahoo! News)   Morgan Stanley will slash 1,000 jobs, scale back its U.S. home-lending business and shut down a British mortgage unit as new management takes a hard look at the continued


Why Mortgage Life Insurance is Not a Good Idea (Kewanee Star Courier)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


2006 mortgage conforming limit rises to $417,000 (Bankrate.com via Yahoo! Finance)   Reflecting a national increase in housing values, mortgage financiers sharply raised the dividing line between conforming and more-expensive jumbo mortgages.read more...


American savings at record highs and lows  Whether we're at one extreme or the other largely depends on how you define "savings."read more...


Student Housing Investment Still Profitable?  Is investment in student housing profitable? Find out here, via Real Estate Journal.read more...


Crowd fills former Conseco CEO's mansion for decorators' show (Reg Req'd)  Crowds ogled giant murals and other luxurious excesses during the opening day of a home decorating show staged at the French-style mansion once owned by former Conseco Inc.read more...

November 11th, 2007

Using 401(k) for mortgage payment can worsen plight (Baltimore Sun)

You’re barely keeping up with the mortgage as it is. Now the interest rate on your adjustable-rate loan is about to reset. Way up.

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