Foreclosures well below national average in East Texas
Home foreclosures have hit all-time highs around the country -- but not in parts of East Texas. Gaylene Swanson with Texas Bank and Trust said the East Texas area is not experiencing the housing crisis like other areas. For people having a tough time paying their mortgage, Swanson is surprised more homeowners are not taking advantage of the low interest rates -- below 5 percent for those with ...
Read more News Source - KTBS Shreveport
Publish date - 23:50:58 01/05/09

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Investigation: Mortgage Fraud Suspect Sentenced
Another mortgage fraudster is heading to federal prison, three years after a News Station Investigation uncovered the scheme. FOX 4's Becky Oliver has the update.
Read more News Source - FOX 4 News Dallas - Fort Worth
Publish date - 01:51:30 01/06/09

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Courson picked to lead Mortgage Bankers Association
John Courson, the chief operating officer of Mortgage Bankers Association, on Monday was named president and chief executive officer of the national association.
Read more News Source - BizJournals
Publish date - 19:12:06 01/05/09

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Real Estate Weekly: Texas lender says low mortgage rates are drawing buyers
Many homeowners are considering refinancing these days, now that fixed-rate mortgage rates are at lows not seen for years. The rates may even be pushing some would-be homeowners off the fence -- in some markets, anyway.
Read more News Source - Market Watch
Publish date - 16:36:48 01/02/09

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Low mortgage rates don’t entice buyers
As mortgage rates continue to flirt with 30-year lows, local lenders say they’re seeing a definite uptick in refinancing inquiries, but the historic low rates have done little to convince on-the-fence home buyers to re-enter the market.
Read more News Source - Fort Worth Business Press
Publish date - 11:06:44 01/05/09

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Texas Capital Bank marks 10 years in Fort Worth
Texas Capital Bank marked its 10-year anniversary in December 2008. Mike Palmer, president of Texas Capital Bank – Fort Worth, started on the bank’s opening day and also is marking his 10th year as the Fort Worth regional bank’s president.
Read more News Source - Fort Worth Business Press
Publish date - 11:09:18 01/05/09

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Economic outlook for North Texas in 2009 is better than most
The 2009 economy might not offer much to look forward to, but North Texas residents should at least appreciate where they live.
Read more News Source - Fort Worth Star-Telegram
Publish date - 06:19:41 01/04/09

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Economic outlook for North Texas in 2009 is better than most
The 2009 economy might not offer much to look forward to, but North Texas residents should at least appreciate where they live. "Texas will gradually feel the recession, but we’re about the last area to," said Bill Sirakos, chief economist at Cullen/Frost Bankers in San Antonio, one of the state’s largest independent bank-holding companies. "If the recession is taking hold here, it’s got a ...
Read more News Source - Fort Worth Star-Telegram
Publish date - 06:01:26 01/04/09

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Credit crunch's impact worrisome as record commercial loans come due
A record amount of commercial real estate loans coming due in Texas and nationwide the next three years are at risk of not being renewed or refinanced, which could have dire consequences, industry leaders warn.
Read more News Source - Dallas Morning News
Publish date - 04:50:39 01/06/09

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Signs Show N. Texas Housing Crisis May Be Easing
As we start the New Year there are signs that the housing crisis may be easing.  Some mortgage lenders in North Texas say loan applications are up, people are shopping and more importantly, people are buying.
Read more News Source - CBS 11 Dallas - Fort Worth
Publish date - 04:26:52 01/02/09

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