Texas Bankruptcy Laws

Mortgage-fraud defendant gets 30 years (BizJournals)  Monty Kinman, one of the defendants in the mortgage-fraud scheme that involved former Jackson County Executive Katheryn Shields and her husband, Phil Cardarella, will spend 30 years in prison for


Mortgage rates drop big time  Mortgage rates plummeted this week after the federal government took over mortgage financing giants Freddie Mac and Fannie Mae.read more...


Crude Stabilizes after Thursday's Selloff  Traders' selling showed their relief that Hurricane Emily's projected westward path across the Caribbean is likely to track to the south of oil and natural-gas production facilities in the Gulf


Sens. Dodd, Conrad tied to special mortgage deals (AP via Yahoo! News)   Senate Banking Committee Chairman Christopher J. Dodd, a leader of Congress' efforts to help homeowners ensnared in the subprime mortgage meltdown, reportedly got special treatment on his own mortgages


Katrina rebuilding may trigger cuts in tariffs on building items  The Bush administration said Monday that it is considering adjusting high tariffs imposed on such items as lumber from Canada and cement from Mexico if building needs from Hurricane Katrina


Death of spouse changes finances  Mary Duncan never imagined how quickly she would need to learn how to manage savings and investments until a year ago.read more...

June 30th, 2005

If you change your mind about a house, sell quickly to avoid capital gains taxes

Knight Ridder/Tribune News Service Q. I live in the Oakland, Calif., area, where my wife and I own a home.

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