Texas Bankruptcy Laws

Home-builder Toll Brothers expects 21% revenue drop  "In the near term, tightening credit standards for borrowers should reduce the pool of potential buyers: Liquidity and affordability issues may impede some customers from closing, while others may find


Fortune Brands putting the brakes on acquisitions  Fortune Brands Inc. , a maker of home products, liquor and golf equipment, is pulling the reins on acquisitions, at least for now, Chief Executive Norm Wesley told Reuters.read more...


Confused by all the Mortgage Options? Here's Help (Pekin Times)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Debt-ridden middle class cry poor  Welfare agencies report a worrying increase in the number of middle-income families with big mortgages seeking help to pay grocery, electricity and gas bills.Commentread more...


Mortgage Company Cuts 100 Iowa Jobs (KCCI 8 Des Moines)  DES MOINES, Iowa -- CitiMortgage is cutting 100 mortgage servicing jobs in Des Moines. Parent company Citigroup said the cuts are part of a plan to eliminate 17,000 jobs in


Home buying The debate over 15- vs. 30-year mortgage (The Union)  With housing prices down and mortgage rates at historic lows, buying activity has increased. Clearly it's less expensive to buy now than when rates go back up.read more...

June 28th, 2005

BrooksAmerica Mortgage Corporation Launches Specialty Lending Division Targeting the Sub-Prime Loan Market (pzone via Yahoo! Australia & NZ Finance)

— Sub-prime market expert Ed Plata joins BrooksAmerica to lead specialty division— BrooksAmerica’s specialty lending division anticipates $250 million in loans for the remainder of 2005 and more than $500 million in 2006 SANTA ANA, Calif., June 29, 2005 (PRIMEZONE)—Bringing its unprecedented service and innovative loan products to a broader audience, BrooksAmerica Mortgage Corporation is

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