Texas Bankruptcy Laws

IndyMac eyes IPO for blossoming reverse mortgage biz (Market Watch)  NEW YORK (MarketWatch) - IndyMac Bancorp Inc. said Monday said it's considering an initial public offering for its Financial Freedom Senior Funding Corp. as net income at the reverse mortgage


The mortgage maze: Buyers can use help figuring out process (Sun-Sentinel)  DETROIT -- You've made the big decision to buy a house. Now the challenge becomes finding an affordable mortgage. What's best for you? Conventional? No-money down? Adjusted-rate mortgage? Interest only?


Fixed-rate mortgage holders are in for a rude awakening when their deals run out (Sunday Herald)  be in for a shock: their monthly mortgage payments will jump when they come to the end of cheap two-year fixes.read more...


Construction crews are busy WSJ  "It 's been a good year for commercial construction as a whole, " Home building may be in a slump, but businesses and health-care organizations are keeping Dane County


Make Sure a Refi Adds Up   Recent dips in interest rates may have homeowners wondering whether it's time to refinance their mortgages.read more...


National City to sell mortgage units to Merrill Lynch for $1.3B (bizjournals.com via Yahoo! Finance)   National City Corp. said Tuesday it will sell its First Franklin mortgage lending unit and affiliated businesses to Merrill Lynch & Co. for $1.3 billion.read more...

August 25th, 2008

Fannie Mae, Freddie Mac shares rise

Shares of Fannie Mae and Freddie Mac soared Monday in a respite from their battering in recent days, while some regional banks saw their stocks sink on worries they could be swept up in the turmoil surrounding …



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