Texas Bankruptcy Laws

Q: With all the bank mergers and takeovers going on, what would happen if I had a mortgage loan with Wachovia or with ... (Louisville Courier-Journal)  A: Those loan contracts become part of the deal. So if you had a WaMu mortgage, your new bank is JPMorgan Chase.read more...


Albany Chamber ready to burn mortgage (Albany Democrat-Herald)  Albany Area Chamber of Commerce members will celebrate paying off a $100,000 mortgage four years ahead of schedule with a party from 4 to 6 p.m. Tuesday at the chamber


So far, the spirits of shoppers remain undampened despite a real estate bust.  An oil-driven real estate boom is driving office rents out of sight in Russia and giving even Communist tenement housing investment potential. read more...


Confused by all the Mortgage Options? Here's Help (Sleepy Eye Herald Dispatch)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Mortgage Switcheroo: What To Do If You're Swindled  You were promised one kind of home loan but wound up with another. Steps to take if you were a victim of fraud.read more...


Dodge says high dollar keeping rates steady  There is no need to raise interest rates further because the high Canadian dollar is having a harsher-than-expected effect on exports, the Bank of Canada said, with a newfound concern

March 23rd, 2008

Home Loan Banks to Aid Mortgage Market (AP via Yahoo! Finance)

The Federal Home Loan Bank system can increase purchases of Fannie Mae and Freddie Mac securities by $100 billion over two years in the latest government effort to stabilize the devastated market for mortgage-backed assets.

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