Texas Bankruptcy Laws

Schumer Urges Countrywide to Waive Prepayment Penalties to Help Homeowners   U.S. Senator Charles Schumer called on Countrywide Financial Corp. to waive prepayment penalties, refinance loans and eliminate ``above-market fees'' to help homeowners struggling to make payments on subprime ...


Pockets of Affordability Among Rising Home Prices  Housing prices continue to soar but there are some reasonably priced markets, says a survey by the National Association of Homebuilders. Here are homes for about $500,000 in three of


FIGHTING FORECLOSURE: Mortgage lenders, community organizations launch a nationwide effort to save the homes of at-risk ... (Detroit Free Press)  Alarmed by the high rate of foreclosures in a number of states, including Michigan, a consortium of mortgage bankers and community development organizations has initiated a public service campaign aimed


First American to Champion New Vision for Mortgage Origination Technology (PR Newswire via Yahoo! Finance)   The First American Corporation , the nation's largest data provider, and Dorado Corporation, the leader in mission-critical, on-demand solutions for home lending, today announced that First American will champion


Getting a Mortgage with Bad Credit (Ridgecrest Daily Independent)  (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the


Mortgage Introducer :: Breaking News (Mortgage Introducer)  The Business Mortgage Company (TBMC) has launched a conveyancing service for brokers via e-Conveyancer. TBMC has also released a new Buy to Let application form.read more...

January 21st, 2008

British to ease sale of ailing mortgage lender (Denver Post)

The British Treasury said Monday that it would facilitate a sale of the troubled mortgage lender Northern Rock by converting a pool of the company’s assets to bonds for sale to investors.

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