Texas Bankruptcy Laws

Mortgage Group Spent $2.1M Lobbying (AP via Yahoo! Finance)   The Mortgage Insurance Companies of America spent more than $2.1 million in the first half of 2007 to lobby the federal government, according to a disclosure form.read more...


5 arrested in mortgage fraud scheme (Atlanta Journal-Constitution)  As the lead detective figures it, what brought the paroled convict, his parole officer, the convict's real estate agent girlfriend, a federal prison guard and a loan officer together in


Sales of New Homes Rise in November   Sales of new homes rose in November while the backlog of unsold homes fell for a fourth straight month, providing hope that the serious slump in housing could be ending.Commentread


Local Restaurateur Takes Advantage of British Visitors' Hunger for Indian Cuisine  read more...


Need to know   Mortgage approvals rose slightly in January to 44,288, up from from 42,343 in December, but fell 31 per cent year on year. via Times Online read more...


Real Estate People  read more...

August 25th, 2008

Thornburg Mortgage 2nd-quarter profit jumps (AP via Yahoo! Finance)

Troubled mortgage lender Thornburg Mortgage Inc. said late Monday that its profit increased by more than five times in the second quarter, due to big one-time gains from the sale of assets and decreases in the fair value of certain items.

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