Texas Bankruptcy Laws

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


Investec unveils lump sum mortgage (Mortgage Introducer)  The concept allows clients to make smaller monthly mortgage payments in line with their basic salaries and to make up the difference with one larger interest payment when their bonus


Currencies: Yen rises as Japanese stock market climbs  The yen advanced on the U.S. dollar Thursday amid a recent stock-market appreciation after the re-election of Prime Minister Junichiro Koizumi.read more...


Fixing or Flipping, TV Shows Tell It All    Network: PBS The plot: Contractors renovate an old house over the course of several episodes. A recently featured property: an Austin bungalow being remodeled in a "green" fashion.


Economy  Officials gave no indication Friday that Beijing would accelerate moves to revalue the Chinese yuan, as regional currency traders shrugged off a prediction by U.S. Treasury Secretary John Snow that


Stock Market Waiting for Fed Message   Freeze, hike or cut. Investors aren't losing sleep over any of the moves the Federal Reserve might make when the central bank's policymakers meet Wednesday.read more...

August 26th, 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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