Texas Bankruptcy Laws

GMAC expects to beat earnings estimate despite debt rating (Reg Req'd)  General Motors Corp.'s finance arm said Wednesday it expects to beat its previous estimate of $2.5 billion in net income this year despite lower profits from its auto financing business


EAST BAY BIZ BUZZ: Wells Fargo opens mortgage center in Concord (Contra Costa Times)  Wells Fargo has opened a new 14,312-square-foot facility in Concord, where it will process mortgage loans originated throughout the Bay Area. The San Francisco-based bank will employ 60 employees, many


Mortgage fraud is on rise in AZ (Arizona Daily Star)  PHOENIX ? Arizona has moved from 23rd to seventh in the ranking of states with the greatest amount of mortgage fraud, according to data from the nation's largest lenders.read more...


Guardian Mortgage's NGIS Enables Bank to Deliver Home Equity Product to Market  Principal Bank, a member of The Principal Financial Group , has expanded its use of Guardian Mortgage Documents' Web-based Next Generation Input System and has launched its newest home


JPMorgan Shares Drop on Mortgage Losses (New York Times)  JPMorgan Chase shares tumbled nearly 10 percent Tuesday as the bank?s disclosure about escalating losses in its mortgage portfolio set off new concerns about the health of the overall financial


Labour plans equity scheme for first-home buyers ss  Labour would introduce an equity share scheme to help first home buyers if re-elected for a third term, Housing Minister Steve Maharey said today.read more...

June 24th, 2005

Dryer can be dangerous (Reg Req’d)

Home improvement radio and television personality Tom Kraeutler has seen more than his share of unsafe appliances and he rates the dryer as “potentially one of the most dangerous appliances” in the home.

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