Texas Bankruptcy Laws

Hedge Fund Forced to Sell Its Portfolio  "Until the end of last week, these developments, while reducing the value of our portfolio, were manageable" At the beginning of the summer, Sowood Capital was a $3 billion


Pegasystems Introduces Latest Version of AJAX-Enabled SmartBPM Suite  Pegasystems announced the latest version of its award-winning SmartBPM Suite designed to optimize the management of constantly changing business processes.Commentread more...


Sell, Rent Out or Improve? Tough Real-Estate Questions  A Phoenix homeowner wants to move but can't find a buyer. Should she look for tenants instead? Lew Sichelman responds. Plus, a homeowner who's behind in her mortgage struggles to


Suit Could Reshape Real-Estate Sector  An antitrust suit against the National Association of Realtors raises the question of who controls home listings.read more...


Mortgage stress explosion in NZ (Stuff)  Soaring interest rates and house prices have triggered an explosion in "mortgage stress", with the number of households devoting more than 40% of their take-home pay to home loan repayments


Allied Home Mortgage Capital Corporation Opens New Branch Office in Laurel, Maryland (PrimeZone via Yahoo! Finance)   Allied Home Mortgage Capital Corporation has opened a new branch in Laurel, Maryland. This branch is one of many in the state of Maryland.read more...

July 19th, 2008

Why would Fed delay revision of rules?

The Federal Reserve Board has signed off on new rules to help the rising tide of mortgage delinquencies by barring lenders from making loans without proof of a borrower’s income and requiring lenders to ensure …



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