Texas Bankruptcy Laws

Gary Davis of American Home Mortgage named to Strike for Survival Steering Committee (dBusinessNews.com)  Triangle - RALEIGH Gary Davis of American Home Mortgage has been named to the steering committee of Strike for Survival, a bowling competition scheduled for September 16 that will


Cost of Building Increases  The need for lumber along the Gulf Coast is driving up costs and limiting supplies here in East Tennessee.read more...


Malaysian banking stirs from its old ways  KUALA LUMPUR After reading Nazir Razak's biography, one might be tempted to dismiss him as part of the same old Malaysia.via


UPDATE 2-U.S. housing market index falls in April-NAHB  U.S. home builder sentiment, an important measure of the housing market, fell in April but was well within the strong range of the past 14 months, the National Association of


Mortgage Applications Down (Orange County Business Journal)  Mortgage applications fell for a second consecutive week as interest rates on home loans climbed to 16-month highs, an industry trade group said on Wednesday.read more...


Why haven't mortgage rates dropped along with Fed cuts? (The Nashua Telegraph)  The Federal Reserve began to slash short-term interest rates almost a year ago. Yet we have higher mortgage rates now than we had then. What gives? No single answer explains

August 19th, 2008

Mortgage Crisis Reaches Resorts

PARK CITY, Utah—With the developer forced into bankruptcy court, Hugh Smith worries about the $1 million he and a partner sunk into bare lots at Promontory, a half-built, sprawling residence club in a town saturated with second homes for the wealthy.



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