Texas Bankruptcy Laws

The religion of growth is just another pyramid scheme  I have a deal for you. Give me $5,000 and I'll return it plus 20 percent in two months.Commentread more...


Mortgage approvals drop 20 per cent in latest sign of slowdown (Independent)  Further evidence of a slowdown in the housing market came yesterday as the Bank of England revealed figures showing that the number of mortgage approvals for home purchase fell from


Penske Site Will Have Newest Store Design  It took a few years but Penske is finally building a new truck rental and leasing center in Lakeland. read more...


Real Estate Digest  Neighborhood Housing Services of the South Shore will host a first time homebuyer workshop on Monday, Oct.read more...


City seeking nominees for local commissions  Columbia City Clerk Sheela Amin is accepting applications for positions on several city advisory boards and commissions.read more...


Heavy trucks will not get pass  By PAT STITH, Staff Writer The state's two top senators put a screeching halt Friday to a proposal to permit fully loaded construction trucks to use roads that are too

April 30th, 2007

FBI Arrests 10 in Queens In Mortgage Fraud Scheme (The New York Sun)

A new wave of mortgage fraud cases, in which brokers allegedly purchase identities from immigrants, has mortgage lenders taking a more proactive role in law enforcement, FBI officials said. Last week, the FBI arrested 10 people with ties to a Bangladeshi community in Queens who allegedly conspired to create a pyramid scheme in which they purchased the identities of immigrants who were leaving New …

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April 30th, 2007

Sub-Prime Mortgage Woes Worry Urban Warrior (The New York Sun)

Michael Rubinger, chief executive officer of Local Initiatives Support Corporation, is worried about rising defaults in the subprime mortgage market. His viewpoint, however, is somewhat different: “The danger is that a lot of communities that have recovered could see another wave of houses being abandoned and boarded up. If we begin to see trouble, we want to nip it in the bud.” Little has been …

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April 30th, 2007

Bill targeting predatory lenders has broad support

“These are not the practices of local banks or local credit unions of Maine”

Supporters of a bill to crack down on predatory mortgage lending practices said Monday their bill would put Maine among the first states to address a looming national crisis. via Sun-Journal



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April 30th, 2007

Different mortgage types suit different situations (New Orleans Times-Picayune)

Question: With the fallout from the subprime mortgages in mind, we are looking into whether to choose a mortgage that is fixed, adjustable-rate or hybrid. Can you give me some pros and cons of each mortgage?

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April 30th, 2007

Former Modesto mortgage executive must pay $6.7 million for fraud (KSBY San Luis Obispo)

MODESTO, Calif. A former mortgage company executive has been ordered to pay back the (m) millions of dollars he collected by defrauding his clients. Tony Daniloo—...

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April 30th, 2007

Anworth Mortgage Asset Corporation Schedules Conference Call to Announce Quarterly Earnings (Business Wire via Yahoo! Finance)

SANTA MONICA, Calif.——Anworth Mortgage Asset Corporation announced today that it will release results for the first quarter of 2007 on Monday, May 7, 2007.

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April 30th, 2007

Former Modesto mortgage executive must pay $6.7 million for fraud (The Fresno Bee)

A former mortgage company executive was ordered to repay $6.7 million to lenders and the elderly, minority and bad-credit clients he defrauded.

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April 30th, 2007

Kenya: Housing Finance Launches Mortgage for First Time Home Owners (AllAfrica.com)

The Kenya government will amend the law to enable mortgage firms charge first time home owners relatively lower interest rates.

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April 30th, 2007

The Crucial Tools for Drywall

Q: DEAR TIM: I need some drywall tools for a large project. One thing I learned long ago is that tools contribute much to the overall quality of a job, so I want to get good ones. What are the bare minimum tools I need?


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April 30th, 2007

Bankrate’s 2007 Retirement Guide

We help young folks get in gear, middle-age folks move into overdrive and retirees coast through this fun phase of their lives.

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