Texas Bankruptcy Laws

Panel revises its proposal on mortgage interest break (Corvallis Gazette Times)  WASHINGTON ? Responding to sharp criticism of its initial proposal to slash the tax deduction for home-mortgage interest, President Bush?s tax-restructuring panel offered a revised and final plan Tuesday to


Mortgage relief bill expected to pass (The Columbus Dispatch)   WASHINGTON --When the Senate returns Monday from its Fourth of July recess, members will try again to pass a stalled package of mortgage relief and reform that could have


Mortgage advisers 'are failing' (BBC News)  Most mortgage advisers are doing a poor job when giving advice, according to research by the consumers association Which?read more...


Mortgage advances at 20-year high  Concise history of oil industry is worth a careful read It was day 18 of the competition tribunal's hearings into the proposed merger between Sasol's liquid fuel business and Engen,


Build wealth with eye to protect it (Reg Req'd)  You've worked hard all your life to accumulate a little personal wealth. One frivolous lawsuit could wipe it all out.read more...


Deducting mortgage loan points  Don't overlook the points you paid to get a lower mortgage rate. They can be a useful tax break.read more...

January 10th, 2008

Bank of America agrees to buy troubled mortgage lender Countrywide for $4 billion in stock (Minneapolis-St. Paul Star Tribune)

CHARLOTTE, N.C. – Bank of America said Friday 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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