Anyone who has been following the news about the Treasury and the various bank bailout problems probably has some idea that fairly large financial institutions are holding quite a bit of toxic legacy assets which are based on the home loans produced over the past few years.  The Treasury and the financial institutions are saying [...]

from Austin Business Journal
Foreclosures for January 2009 rose 52 percent over the same month last year for the nine-county Central Texas region.
Postings filed for the upcoming Jan. 6 auction totaled 2,329 notices, compared with the 1,534 postings filed for the same month last year, according to Addison-based Foreclosure Listing Service Inc.
While the coastal markets were [...]