Texas Bankruptcy Laws

This Not-So-Old House: Dating Historic Homes  Is your old house as old as you think? A technique that gauges the age of wood in your home's beams lets you find out.via


Mortgage insurer, risk manager cancel merger (USA Today)  Mortgage insurer MGIC Investment and Radian Group said Wednesday they are abandoning plans to combine the companies, citing troubles in the mortgage industry.read more...


NYSE to Let Fannie Mae Stock Keep Trading  Washington - The New York Stock Exchange is allowing Fannie Mae's stock to continue to trade despite the embattled mortgage giant's failure to file its annual report on time, the


Getting a Mortgage with Bad Credit (Palladium Times)  (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the


Seattle gets lots of mortgage work without feeling market meltdown (BizJournals)  Seattle may be avoiding much of the mortgage mayhem sweeping the country. But the related legal work is finding its way here.read more...


US loans  A bank is a place that will lend you money if you can prove you don't need it. That, at least, has traditionally been the case.read more...

August 18th, 2008

‘Liar Loans’ Threaten To Prolong Mortgage Crisis (CBS News)

In the mortgage industry, they are called “liar loans” _ mortgages approved without requiring proof of the borrower’s income or assets. The worst of them earn the nickname “ninja loans,” short for “no income, no job, and (no) assets.”

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