Texas Bankruptcy Laws

Kiwibank in the black  "We said we would be in profit in the third year and we have achieved it," chief executive Sam Knowles said yesterday.read more...


A Successful Bathroom Remodel  One Night. One Industry. Benchmark Research / Data Full List GIANT 400 & Top 25 Factory-Built Giants Customer Satisfaction State of Green Building Brand Studies Internet Study Bookstore Bookstore Magazines


Stock markets get lift on positive US durable goods orders, consumer confidence data  The Toronto stock market advanced Tuesday as bank earnings sparked gains in the financial sector.read more...


Treasurys higher in wake of downbeat data on sales of new homes  "Weak new- and existing-home sales along with housing starts and building permits point to yet another hefty drag on GDP growth coming from the housing sector during the third quarter,


Mortgage analysis (Bankrate.com via Yahoo! Finance)   Each week Bankrate surveys mortgage rates around the country, and senior reporter Holden Lewis analyzes what the changes mean.read more...


Shrinking Violets, Growing Thyme    Summer always brings many questions; it's time to answer some of them. read more...

August 18th, 2008

?Liar loans? worsen U.S. mortgage crisis (The State)

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.? The nation?s struggling housing market, already awash in subprime foreclosures, is now getting hit with a second wave of losses as homeowners with liar loans …

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