Texas Bankruptcy Laws

Business Beat  Idong Ekwere has joined the downtown Eugene office of Umpqua Bank Mortgage as a residential mortgage loan officer.read more...


UK subprime mortgage market set to grow (Reuters via Yahoo! UK & Ireland News)  Britain's subprime mortgage market is set to grow as an increasing number of borrowers struggle with making payments in the mainstream credit market, a report said on Wednesday.read more...


Economy on Track Despite Housing  Problems in the U.S. subprime mortgage market should not spread and the main risk remains inflation, top Federal Reserve policy-makers said on Thursday in remarks signaling no interest rate cut


Ike Destroys a Number of Gulf platforms  Federal officials say it appears Hurricane Ike destroyed a number of production platforms and damaged some of the pipelines in the Gulf of Mexico.read more...


Keep Eyes Fixed on Your Variable-Rate Mortgage (New York Times)  As a large portion of adjustable rates move up next year, homeowners who opted for exotic mortgages could find their payments doubled.read more...


Phonebook Mirrors City's Journey  read more...

May 9th, 2008

AIG sees no signs of mortgage asset market rebound yet (Reuters via Yahoo! News)

American International Group , after disappointing with a worse-than-expected loss on Thursday, did little to buoy investor spirits on Friday, telling shareholders it does not yet see signs of a rebound in the market for mortgage assets, which have cost it dearly over the past two quarters.

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