Texas Bankruptcy Laws

ATM fees, bank charges can be avoided  We'd all like to save more money. Here's a way to save hundreds of dollars a year that won't cause caffeine withdrawal: Stop using other banks' automated teller machines.read more...


Fed meeting underway, interest rates likely rise at conclusion  The borrower's pain is not necessarily the saver's gain. The cost of mortgages, home equity lines and credit card debt has gone up with each bump in interest rates by


DaimlerChrysler Q1 Profit Falls  Associated Press Chrysler Group 1Q Profit Falls 11 Percent 04.28.2005, 03:51 PM DaimlerChrysler AG's Chrysler Group said Thursday its first-quarter profit fell roughly 11 percent from a year ago, hurt


Flagstar opens three mortgage lending offices in Memphis market, Jackson, Tenn. (BizJournals)  Troy, Mich.-based Flagstar Bancorp. has opened mortgage lending offices in Germantown, Olive Branch and Jackson, Tenn., and has plans for at least one office in Memphis and in Fayette County.read


Ex-Broker Faces Sentencing in Mortgage Scam  A former mortgage broker who pleaded guilty to mail fraud in a scam that prosecutors say cheated hundreds of Pennsylvania homeowners out of millions of dollars is being sentenced Wednesday


Bank of America mortgage aid procedures  Bank of America explains the steps its customers can take to prevent foreclosure.read more...

November 29th, 2007

Banks Pay the Price for Investors’ Mortgage Bets (NPR)

Major banks are suffering enormous losses on investments tied to home mortgages. For years, Wall Street made handsome returns betting on mortgage-backed securities. But those securities are opaque and contain risks that investors were either unwilling or unable to recognize.

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