Texas Bankruptcy Laws

ADV: Mortgage Rates as Low as 2.9%  Up to 4 free quotes. Compare rates and choose the best offer. Refinance and save. No obligation - bad credit OK!read more...


What to Do if You Can't Pay Your Mortgage  Your lender is the first place you should go to for help, says columnist Lew Sichelman. read more...


True Value tries new tack to sell hardware for her  "A man would not immediately think this is a female shopper's haven" A hardware store that appeals to women but doesn't drive away men has opened in west suburban


Mortgage rates on the rise (CBC)  Canadian banks have begun raising their fixed mortgage rates across the board to reflect the higher cost of borrowing in the bond market.read more...


Fitch Affirms TIAA Retail Mortgage Trust $240.5MM P-T Ctfs (Business Wire via Yahoo! Finance)   CHICAGO----Sept. 19, 2006--Teachers Insurance & Annuity Association of America Retail Commercial Mortgage Trust's commercial mortgage pass-through certificates, series 1999-1, are affirmed by Fitch Ratings as follows: $137.6 million class


Hendersonville resident helps redesign new City Hall  Interior designer Joni Wohlfahrt has been selected to redesign the Hendersonville City Hall helping preserve tradition while preparing the facility for the future growth.read more...

May 13th, 2008

Freddie Mac loses $151M in 1Q as home loans falter

Mortgage finance company Freddie Mac’s first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected.

McLean-Va.-based Freddie Mac also said Wednesday it plans to raise $5.5 billion in new capital. Shares of Freddie Mac, the second-largest buyer and backer of home loans, rose more than 6 percent in premarket trading.

The quarterly loss at Freddie Mac was larger than a loss of $133 million in the January-through-March period last year. The results were equivalent to a loss of 66 cents a share, compared with 35 cents a share a year earlier. Read more



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