Texas Bankruptcy Laws

Mortgage dropoff may mean layoffs (BizJournals)  NORTHEAST FLORIDA -- As loan volume decreases, layoffs may increase at mortgage companies and local offices could be affected.read more...


Do You Need an Energy-Waste Sleuth?    Robert Whale knew his 1920s Sears Roebuck bungalow wasn't exactly airtight, but he didn't know just how drafty it was until an energy auditor flipped on the switch to


Zero Down Mortgage Offers Only 100 Percent Financing On Purchases (Business Wire via Yahoo! Finance)   Zero Down Mortgage, a division of No Red Tape Mortgage, exclusively specializes in one type of loan: 100 percent financing on purchases. Industry veteran and former broker David Klempner


What to expect from Fed's rate cut  "So all the Fed's cuts really did was to bring the average rates back down to where they'd been over the last year and a half or so." Holiday


Off-the-Books Cash Incentives Are Risky  read more...


Put a Lid on Rising Mortgage Payments (Sleepy Eye Herald Dispatch)  (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...

January 10th, 2008

Bank of America to buy troubled mortgage lender Countrywide for $4.1 billion (Orange County Register)

CHARLOTTE, N.C. Bank of America said today that it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country’s biggest mortgage lender and expands the financial services empire of the nation’s largest consumer bank.

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