Texas Bankruptcy Laws

Wells Fargo to Launch Mortgage Program (ABC News)  Wells Fargo & Co. to Counsel Mortgage Borrowers With Poor Creditread more...


Tropicana to Put Up Casino for Auction  Tropicana decided to put one of its riverboat casinos on the auction block after delaying for months a proposed $220 million sale.read more...


Ga. Officials Meet, Discuss Mortgage Rescue Fraud (FOX 5 News Atlanta)  ATLANTA (MyFOX Atlanta) -- Georgia law may be changed to address financial scams stemming from the country's mortgage crisis.read more...


The O.C. Mortgage Bust (Washington Post)  IRVINE, Calif. -- After more than two decades in the mortgage business, Tony Ventimiglio got his big break in 2001 when he accepted a managerial job with a lender here


Lake Eva Park Improvements Are Ahead of Schedule  HAINES CITY | Mountains of dirt are being moved and heavy machinery is sculpting the new layout of Lake Eva Park. The park, which is undergoing $28 million in renovations,


Mortgage-Lobby Chief Resigns  The chief of the mortgage industry's most powerful lobby group, Jonathan Kempner, resigned Tuesday, just as the industry is defending itself from a hostile Congress and a punishing housing slump.read

December 9th, 2007

Freddie Mac Announces Operational Changes for Purchasing Delinquent Loans From Mortgage PCs (FinanzNachrichten)

—the mortgages have been modified;—a foreclosure sale occurs;—the mortgages are delinquent for 24 months; or—the cost of guarantee payments to security holders, including advances of interest at the security coupon rate, exceeds the cost of holding the nonperforming loans in its mortgage portfolio.

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