Texas Bankruptcy Laws

Tower mortgage fund shut after run on funds (The New Zealand Herald)  The global sub-prime crisis and the slump in the local property market have claimed another victim close to home. Today sees the the closure of a Tower mortgage fund following


A Place for Everything    There are days when Alex Post feels as if he has five houses, and all the challenges that go along with maintaining them. John Lauer, owner of Lauer Construction


30-year mortgage rates jump to 5-month high (The State)  Rates on 30-year mortgages jumped this week to the highest level in five months, reflecting financial market anxieties about inflation. Mortgage giant Freddie Mac reported Thursday that the nationwide average


IAC loses $369.9M on mortgage woes (AP via Yahoo! News)   Barry Diller's IAC/InterActiveCorp lost $369.9 million in the fourth quarter, on a big writedown at its mortgage referral business, tax expenses and costs in anticipation of the proposed spinoff


Fannie Mae Delays Filing 2Q Report   Mortgage giant Fannie Mae on Wednesday informed the Securities and Exchange Commission that it would not be able to file its financial report for the second quarter on time.read more...


The Tools and Tricks of the Plumbing Trade    Q: DEAR TIM: You may not like this, but I am about to attempt some do-it-yourself plumbing. I have all sorts of plumbing questions, and I need help selecting

March 22nd, 2008

BoE, Fed deny mortgage security buyout plan (Straits Times)

LONDON/WASHINGTON – THE Federal Reserve and Bank of England denied a report that they were in talks over possibly using public funds to make mass purchases of mortgage-backed securities to ease the global credit crisis.

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