Texas Bankruptcy Laws

Mortgage industry fears foreclosure moratorium (BizJournals)  Arizona economists and the mortgage industry bemoan the push for foreclosure moratoriums, claiming the free market should sort things out.read more...


Many Canadians no longer think it's essential to retire debt free, according to RBC poll  TORONTO, Dec. 5 /CNW/ - Nearly half of Canadians do not believe it's necessary to retire debt free according to RBC Financial Group's 15th Annual RRSP survey conducted by Ipsos-Reid.


USDA program can make a mortgage affordable (The Olympian)  The mortgage industry might see them as boring and cumbersome, but government-insured home loan programs could rise to greater prominence as record home-price appreciation continues to force some South Sound


In Every Garden, Fertile Ground for Fitness   Physical fitness might not be the main reason avid gardeners till, plant and weed, but regular gardening can help keep you fit. read more...


Lampert Bets on Housing Rebound  Billionaire hedge-fund manager Edward Lampert is betting on a housing recovery, buying stakes in home builders, lenders and Home Depot.read more...


How to Speed Up the Sale of your GA mountain home This Winter  Selling a home is no easy task, and it's even more difficult when you're trying to sell in the dead of winter - when the weather is bad, the days

June 2nd, 2008

GMAC mortgage lender says it needs more liquidity (Detroit Free Press)

NEW YORK ? Residential Capital LLC, the mortgage lending unit of GMAC LLC, said today it needs more than three times more cash to stay in business than it estimated just weeks ago.

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