Texas Bankruptcy Laws

US mortgage lender 'won't hurt' Aussie banks (ABC via Yahoo!7 News)  Analysts say Australian banks are unlikely to be badly hurt by their exposure to a troubled mortgage lender in the United States.read more...


Easy Designer Tricks for Pet-Friendly Homes  Sooner or later, you'll have pet-loving clients who want a design that meets both human and animal needs.read more...


Insurer AIG posts large loss on bad mortgage bets (Reuters via Yahoo! News)   American International Group Inc posted its third consecutive quarterly net loss of more than $5 billion on Wednesday as it wrote down bad mortgage-related investments, sending its shares down


Is Sea Fighter the new breed of Navy ship?  Like a slender runner in a roomful of weightlifters, the Sea Fighter stands out among ever-bigger warships the Navy is building.read more...


Chat Plus   Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...


Changing with the Times: A New Kind of Realtor for the Online Market  No longer is it enough to simply advertise, hoping to find customers looking to buy or sell a home.Commentread more...

July 21st, 2008

Mortgage rescue plan raises concern (The State)

Taxpayers might get stuck will bill for assisting Fannie Mae, Freddie Mac WASHINGTON ? Now that the federal government has thrown a lifeline to mortgage giants Fannie Mae and Freddie Mac, taxpayers could be on the hook for billions more if the crisis of confidence spreads. There were encouraging signs Monday for the rescue plan, but also signs of concern ? notably on Wall Street, where shares …

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