Texas Bankruptcy Laws

Office Slowdown in Moscow? No, 'Rents...Are Ridiculous'  While office rents in many cities are stagnating or dropping, in Moscow their rapid rise shows no sign of slowing.read more...


Pero warns homeowners of mortgage peril (The New Zealand Herald)  Mortgage broker Mike Pero is warning of a wave of home sales after the third interest rate hike this year.read more...


A rewarding time to get into a fix  With the City expecting interest rates to fall over the next few months, fixed-rate mortgages are starting to undercut conventional, variable-rate deals.via


Odds & Ends  Verizon begins work on state-of-art fiber-optic network in Richmond-area, Martini Kitchen & Bubble Bar leases former Main Street Brewery, and other tid-bits from the world of Richmond business.via


Kelly opposes proposed tax code changes  Congresswoman Sue Kelly yesterday announced development of a bill that she said would combat federal tax code alterations being proposed in Washington this week by a Presidential tax reform panel.read


Risk of robbery raising stakes of poker nights  The first time Doug Thomas looked up from his cards to see a gun pointed at him, the chips on the felt-topped poker table were piling up to about $100

August 26th, 2008

Freddie, Fannie Mortgage Portfolio Growth Slows After Losses (Bloomberg.com)

Aug. 26 (Bloomberg)—Freddie Mac and Fannie Mae slowed the pace of purchases of home loans and mortgage bonds last month as losses sparked concern the mortgage-finance providers may not weather the housing slump.

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