Texas Bankruptcy Laws

Mortgage brokers need to report increasing fraud, FBI says (MENAFN)  Mortgage brokers need to report increasing fraud, FBI saysread more...


Speculation swirls around ailing US mortgage giants (AFP via Yahoo! News)   Speculation about the stressed financial health of US mortgage-finance giants Fannie Mae and Freddie Mac swirled Wednesday as their share prices further plummeted.read more...


Home Depot store to begin liquidation  The Home Depot store at 1451 Tapteal Drive will begin liquidating its merchandise today in preparation for the store closing.Commentread more...


Real estate wealth effect still strong  Freddie Mac, a big U.S. mortgage firm, said the number of refinancing loans that are higher than the original loans is increasing.Commentread more...


FBI to probe 21 high-risk mortgage firms (The Washington Times)  The FBI announced Wednesday that it is investigating 21 high-risk mortgage companies, up from 17 companies as recently as March.read more...


Mortgage exemption is valid until county is notified of transfer (The Indianapolis Star)  Question: We paid our mortgage off in December 2003, but we are still receiving the property tax exemption. What should we do to make sure we eliminate the exemption and

January 10th, 2008

How Congress Can Rein In Opportunistic Steering by Brokers

One of the important objectives of the mortgage legislation winding its way through Congress is to prevent brokers from steering borrowers to costlier loans, according to the bill’s sponsor, Rep. Barney Frank (D-Mass.).

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