Texas Bankruptcy Laws

Relief as interest rate is cut   Borrowers breathed a sigh of relief after Bank of England rate setters trimmed the cost of borrowing by a quarter point to 5.25%. The cut - the second in


General Assembly creates new residential mortgage fraud felony (FOX Carolina)   Associated Press - June 25, 2007 11:15 PM ET RALEIGH, N.C. (AP) - The General Assembly agreed tonight on legislation designed to make it easier


Countrywide says it cut 500 mortgage jobs (Reuters via Yahoo! News)   Countrywide Financial Corp , the largest U.S. mortgage lender, said it had eliminated about 500 jobs nationwide as it tries to cope with a credit shortfall stemming from the


Notice to Shareholders: Redex Inc. Announces New Mortgage Financing Subsidiary (CCNMatthews via Yahoo! Finance)   MONTREAL, QUEBEC-- - Michel Piette is pleased to announce that Redex is establishing Redex Mortgage Corp., as a wholly owned subsidiary of Redex, with the purpose of providing competitive


A Steal, or an Ordeal?   You could go broke saving money. That was one of my father's favorite admonitions, which I'd hear after bringing home a bagful of bargains that I found at a sale.read


SEC charges N.Y. real estate firms with fraud (Reg Req'd)  Companies accused of cheating investors out of $15 million The Securities and Exchange Commission is moving to freeze the assets of several real estate investment companies, claiming they cheated 275

March 18th, 2008

Mortgage Insurer Tightens Up

First it was the lenders. Now it’s the mortgage insurers. Entire product lines are being yanked, potentially squeezing large numbers of home buyers and refinancers out of the marketplace.




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