Texas Bankruptcy Laws

No Waterloo effect from sale of GM's commercial mortgage division (Waterloo Cedar-Falls Courier)  WATERLOO --- General Motors Corp., struggling with big losses, slow sales and high labor costs, said Thursday it sold a majority interest in its commercial mortgage division in a deal


REAL ESTATE / ROBERT BRUSS: Is `interest only' mortgage smart? (The Charlotte Observer)  Q. What is an "interest only" mortgage? We have a 4.875 percent adjustable-rate home loan, but another bank offers 4.25 percent "interest only." Is this a good or bad deal?read


Credit-boosting shortcut soon coming to end  "We were fine with authorized user accounts so long as it was someone within the household who was learning credit management skills at the same time." T here aren't


Sector Snap: Bond and Mortgage Insurers (AP via Yahoo! Finance)   Shares of bond and mortgage insurers plummeted Wednesday after Ambac Financial Group Inc. reported a steep loss for the first quarter, stirring worries about how badly the credit crisis


Home suite home no more  TAHLEQUAH - It only took one year of campus life for these two college girls to know they wanted a place to call home.read more...


First home buyers face wall  INCENTIVES helped boost the number of loans taken out by first home buyers in the year to June, but activity is expected to slow in the year ahead, a survey

August 1st, 2008

S&P emails slammed mortgage debt products: report (Reuters via Yahoo! News)

Analysts at Standard & Poor’s Rating Services warned against mortgage-related debt products in internal e-mails that, in one case, called the complex financial deals “ridiculous,” the Wall Street Journal reported in its weekend edition.

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