Texas Bankruptcy Laws

Lenders set to launch the 'five-minute mortgage' (FT.com via Yahoo! News)   A number of specialist mortgage lenders are drawing up plans for instant mortgage approvals that would give house hunters access to immediate mortgage offers without even requiring them to


Canada dollar rises, bonds flat ahead of jobs data  The Canadian dollar edged higher on Thursday, as the greenback fell victim to a stronger euro, while bond investors held their breath ahead of Friday's Canada and U.S. jobs data.read


WaMu dropping 2 mortgage types (Seattle Times)  Pacific Northwest Washington Mutual said Wednesday it would stop offering negative-amortizing loan products and WaMu Mortgage Plus loans...read more...


Zoo's Red Panda Finds Mate Online  KANSAS CITY, Mo. -- There is living proof that you can find love online. At least that is the case for a red panda named Fagan at the Kansas City


Do detective work  I pay only the minimum required monthly payment, which doesn't even cover the full interest payments, so my mortgage balance keeps growing.read more...


Seller Financing Regains Favor  Developers Diversified Realty's offer to finance part of a property sale is the latest example of seller financing, which is now playing a role in more large deals.read more...

August 3rd, 2008

200,000 buy-to-let investors lose up to 90% of their cash

Around 200,000 buy-to-let investors have lost up to 90 per cent of the cash they put into their properties, new research shows.



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