Texas Bankruptcy Laws

Renters Can Afford to be Picky When Choosing a Vacation Home  Early demand is strong for summer rentals but thanks to the housing downturn, vacationers still have plenty of options. read more...


U.S. Housing Starts Climb; Philadelphia Manufacturing Unexpectedly Weakens  U.S. housing starts rose 0.2 percent last month as low mortgage rates and an improved job market kept homebuilders on pace for their best year since 1978.via


Pound extends rally ahead of mortgage rescue package (The Herald)  Sterling yesterday extended a late week rally on the foreign exchanges, notching up gains against the dollar, yen and euro on expectations that the Treasury will soon announce details of


Mortgage workers face more layoffs in Bay Area More than 1,600 mortgage industry job eliminations planned in ... (Inside Bay Area)  The early months of 2008 are expected to unleash more pain for a mortgage industry that has disclosed plans to shed more than 1,600 jobs in California.read more...


Proposal answers state law on reverse mortgages  The Department of Housing and Urban Development is proposing a rule that would permit reverse mortgages to seniors in states that don't allow the line-of-credit payment option.read more...


FDIC secures $200,000 in joint accounts  A man and his wife can sleep soundly knowing their $200,000 deposit is safe, says Dr. Don Taylor.read more...

August 28th, 2008

Popular shares soar on sale of mortgage assets (AP via Yahoo! Finance)

Shares of Popular Inc. jumped Friday after the Puerto Rico-based bank said it plans to sell $1.17 billion of U.S. mortgage assets to affiliates of Goldman Sachs Group Inc.

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