Texas Bankruptcy Laws

Middleboro man charged in mortgage scheme (The Brockton Enterprise)  A local man has been indicted by a grand jury on charges he stole more than $2 million in a mortgage-stacking scheme.read more...


6 costly mortgage myths  Think you can't get a mortgage if you have some dings on your credit? Or that it's always best to pay off the mortgage early? If so, it's time to


Bankers say Paterson's mortgage proposals add unnecessary costs, regulations (BizJournals)  The state's banking industry, led by the head of a Troy-based bank, is warning state legislators that proposed mortgage rules could damage lenders and deliver "a death blow" to housing


MGIC Leads Mortgage Insurers Higher After Sales Gain (Update2) (Bloomberg.com)  July 17 (Bloomberg) -- MGIC Investment Corp. surged 43 percent in New York trading, leading mortgage insurers higher, after saying policy sales rose in the second quarter.read more...


Calpers Takes Hit on Land Deal  The California Public Employees' Retirement System is involved in one of the biggest land deals to fall victim to the housing bubble. It is an unusual position for the pension


View the rest of the story  Oldest house saved; trees to go? Saving South County's oldest house from the wrecking ball was a worthwhile cause.read more...

March 18th, 2008

Proposals on Servicers Are Only a First Step

In my last two articles, I examined the Federal Reserve Board’s proposals for tightening mortgage underwriting requirements and for limiting mortgage broker charges to borrowers. These are long-standing regulatory concerns.




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