Texas Bankruptcy Laws

Briny backer finds himself in middle of mortgage mess (The Palm Beach Post)  John Devaney, the deep-pocketed, high-flying trader who's lead financier for the $510 million purchase of Briny Breezes, is facing a financial squeeze after a series of bad bets on the


24 Tips For 24 Hours Before Tax Deadline   Tip 1: Not everybody files a return. What are the rules? Three things must be considered when determining whether you have to file a return: your age, your filing


Economist sees no end to house boom  There is no prospect of an end to the housing boom this year with completions set for 80,000 and house prices rising at well above consumer price inflation, AIB's senior


Gov't settles with past Freddie Mac CEO   The government on Tuesday reached a $16.4 million settlement with Freddie Mac's former CEO for his role in the mortgage finance company's multibillion-dollar accounting scandal. via The Florida Times-Union


Economy  U.S. Treasury Secretary John Snow said Thursday that U.S. authorities were working on increased monitoring of hedge funds, while his German counterpart called for increased trans-Atlantic dialogue on the issue.via


Mortgage woes felt in furnishings (The Washington Times)  The home furnishing industry is the latest casualty of the ongoing housing and mortgage-lending...read more...

January 11th, 2008

No Question, All’s Well in the State of Denial

Meet Pollyanna, your real estate agent. She has stuck with the real estate business through two tough years, and she’ll spend the winter convincing herself that the only problem with the market is that headline-hungry oafs in the news media have talked buyers into hiding. It’s not the economy tha…


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