Texas Bankruptcy Laws

Lehman Brothers to Cut 850 More Jobs in Mortgage Unit (Update1) (Bloomberg.com)  Sept. 6 (Bloomberg) -- Lehman Brothers Holdings Inc., the biggest underwriter of U.S. bonds backed by home loans, said it will cut 850 more jobs because of reductions in the


Fresh rules rein in filing bankruptcy (Reg Req'd)  Should you file now? Tough new laws will make it harder for financially strapped consumers to erase their debts and start clean by filing for bankruptcy.via


Cosgrove: Real Estate Agents Bill  "It – the Institute – has regarded its duty of self-regulation for the industry as about just one of those two words, self." Madam Speaker, I move that the


More Than Four Out of Five Mortgage Lenders Will Increase Marketing Budgets in 2006 (Market Wire via Yahoo! Finance)   More than four out of five lenders plan to increase their online lead advertising budgets in 2006, according to a national survey of mortgage lenders conducted by TheLoanPage.com.read more...


National Debt Grows at a Million Dollars a Minute   The national debt is expanding at the rate of about $1.4 billion dollars a day, nearly a million dollars a minute. via KTIV-TV Sioux City read more...


Fed raises its key rate despite Katrina woes  The Federal Reserve yesterday raised its key interest rate for the 11th straight time, confident that the economy is strong enough to shake off the long-term effects and higher energy

June 29th, 2005

Rate on 30-Year Fixed Mortgage Falls to 5.53% (Reg Req’d)

NEW YORK - – Long-term mortgage rates fell during the past week, as worries about inflation remained muted, Freddie Mac, the congressionally chartered housing finance agency, said Thursday.

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