Texas Bankruptcy Laws

What a Week: Bear Rout  If the most recent jobs report lent credibility to the bulls, this week's retail sales and inflation data sealed the deal.Commentread more...


October mortgage take-up hit new heights (Guardian Unlimited)  Mortgage lending strengthened in October, buoyed by increasing consumer confidence in the housing market, according to the Bank of England today. Figures from the Bank showed that advances during the


Local real estate prices soar: Home building is up 50 percent over 2 years ago  Just like in neighboring communities, Okeechobee is experiencing a boon in the real estate market - and prices are soaring.via


Editorial: Fed Targets Mortgage Markets (The Philadelphia Inquirer)  The federal government's dizzying series of bailouts finally has taken aim at the industry where the cash can do the most good - housing.read more...


The Public Trust is fighting back  Announcing a record profit of $1.04 million to parliament last week, Public Trust chief executive Pat Waite warned that all the easy cost savings had been made.read more...


Beazer to Restate Results After Mortgage Unit Probe (Update1) (Bloomberg.com)  Oct. 11 (Bloomberg) -- Beazer Homes USA Inc., the homebuilder under investigation by the Securities and Exchange Commission, will restate earnings for nine years after an internal probe found evidence

March 16th, 2008

Northern Rock to axe staff and halve loan book

“As the shareholding was received as part of their remuneration package, it should be treated as deferred wages.”

Ron Sandler, boss of newly nationalised Northern Rock, will this week reveal plans to cut between 2,000 and 2,500 jobs as the stricken lender is shrunk in an attempt to repay its 25bn taxpayer loan within three … via Telegraph.co.uk



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