Texas Bankruptcy Laws

Mortgage ills start to infect college loans (Chicago Tribune)  I f you want to borrow a lot of money for college, you are not going to like what the mortgage mess is doing to you.


Witherell plan may be scrapped  A long-standing, state-approved plan to rebuild The Nathaniel Witherell nursing home -- a plan that paid consultants and Greenwich volunteers have battered around for seven years -- now appears totally


Florida Hones Plan to Overhaul Escalating Property Taxes  The state is leading an effort to tackle high rates, hoping a cut will juice the state's economy, which has been hit hard by the housing bust. read more...


GMAC plans to cut 5,000 jobs at mortgage unit (International Herald Tribune)  The job cuts at GMAC's Residential Capital mortgage unit will affect about 57 percent of ResCap's work force in the United States. GMAC also said it will close all 200


2 tiny blocks await hospital's decision  Enter block-long Central Avenue off traffic-packed Lancaster Avenue in the heart of Bryn Mawr, and you've wandered into a twilight zone.read more...


Online Brokers Dive As BofA Announces Free Online Trades  Online brokers' stocks dived Wednesday after Bank of America said its retail brokerage would offer free online equity trades.Clients who maintain a $25,000 balance can do 30 online trades a

August 19th, 2008

FHA Calls for an End To Seller-Funded Down-Payment Charities

What’s wrong with down-payment “gift” programs in which all or most of a home buyer’s equity stake comes from the seller, funneled through a third party? And why is the federal government determined to ban them?



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