Texas Bankruptcy Laws

30-year mortgage rates drop to lowest point since start of year (Eagle-Tribune Online)  WASHINGTON (AP) - Rates on 30-year mortgages fell for a second straight week to the lowest level since the beginning of the year. Mortgage giant Freddie Mac reported Thursday that


Ahead of the Bell: Mortgage Applications (AP via Yahoo! Finance)   Investors on Wednesday will get an update on home loan applications as mortgage industry turmoil continues and Wall Street presses the central bank to boost the struggling sector with


Mortgage crisis expands to prime borrowers in N.H. (WCAX-TV Vermont)   Associated Press - April 27, 2008 8:35 AM ET MANCHESTER, N.H. (AP) - New Hampshire housing advocates say they've noticed a troubling trend -- the


Thornburg Mortgage Prices Offering (AP via Yahoo! Finance)   Mortgage lender Thornburg Mortgage Inc. said Friday it priced a follow-on equity offering of 4.5 million common shares at $27.05 each.read more...


Santa Maria Council approves plan to help homeless people rent homes   The Santa Maria City Council Tuesday night voted to provide funding for homeless people to rent a home. via KCOY-TV Santa Maria read more...


Future Fund 'cannot bail out' mortgage funds (Perth Now)  FUTURE Fund chairman David Murray says it is not the role of the $63 billion fund to bail out troubled mortgage-based investment funds.read more...

March 30th, 2008

Miami Firm Strikes Gold With Mortgage Crisis (The Tampa Tribune)

It’s the equivalent of a body cavity search, but for home loans. The 1003 AppScan, an automated Web-based filter, subjects mortgage applications to more than 150 tests designed to extract both little white lies and criminal schemes used to defraud lenders.

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