Texas Bankruptcy Laws

Washington Mutual replaces Killinger as chairman  Washington Mutual Corp., hard-hit by the mortgage and credit crises, said Monday it will replace chief executive Kerry Killinger as chairman of the board and take other steps to improve


Housing Highlights Clinton-Obama Divide  Sen. Barack Obama has more of a centrist position on the foreclosure crisis, while Sen. Hillary Clinton advocates a more interventionist approach. read more...


A La Carte, to Go  read more...


First State Financial Reports 3rd-Quarter Earnings Down on Declining Mortgage Fees (Canadian Business)  SARASOTA, Fla. (AP) - Community bank First State Financial Corp. said Friday its third-quarter earnings fell 30 percent due to a decline in mortgage fees.read more...


Adapting Community Design to Anticipate Trends    There are walking trails, swimming pools and tennis courts. The landscape is well-maintained. If you didn't know better, you might think you were walking the grounds of a resort.


Delivering Results Faster: Overland Park Building Inspectors Go Live in the Field  No more waiting until the end of a business day to find the results of an inspection.read more...

August 26th, 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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