Texas Bankruptcy Laws

Tories offer to help PM with crisis  David Cameron has told Gordon Brown the Tories will work with the Government to get legislation through Parliament to tackle the worsening financial crisis.read more...


Sub-contractors to stage protest  Irish sub-contractors are to mount a truck protest outside the Dail today over non-payment of fees by a state-appointed construction company.via


Deal Near on Mortgage Defaults (Washington Post)  WASHINGTON -- Treasury Secretary Henry Paulson said Monday he is confident there will soon be an agreement to help thousands of homeowners avoid mortgage defaults by temporarily freezing their interest


Big Apple Apartment Lists for $40 Million  Sun Microsystems co-founder Bill Joy seeks $40 million for his massive home in the West Village. Comedian Ellen DeGeneres buys in Beverly Hills and Perry Capital's Daniel Goldring and his


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


Long Island mortgage firm lowers estimates (Crain's New York Business)  American Home Mortgage Investment Corp. said first quarter and full year mortgages would be lower due to weaker market conditions.read more...

July 2nd, 2008

We’re in a ‘mortgage recession’

IN further evidence that the property market has been spooked by rising interest rates and an uncertain economic outlook, it has emerged that the nation’s largest mortgage broker last month sold 22 per cent …



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