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Capstead Mortgage Corporation Declares October Dividend on Its $1.26 Cumulative Convertible Preferred Stock, Series B ... (Business Wire via Yahoo! Finance)
DALLAS----The Board of Directors of Capstead Mortgage Corporation announced today that it will pay a regular monthly dividend of $0.105 per share on the $1.26 Cumulative Convertible Preferred Stock, Series B .

Texas Homebuilders Need to Cut Back, Report Says (Builder Online)
Oct. 4--Texas' new-home market could be stuck in a prolonged downturn unless builders cut back further on construction, a new report by Texas A&M University warns.

Fire Marshal Investigating Texas Justice's House Fire as Arson (Insurance Journal)
The Harris County Fire Marshal's Office said the fire that destroyed the home of Texas Supreme Court Justice David Medina this summer was "very suspicious'' and is being investigated as arson. The

Chisum announces mortgage initiative (The Pampa News)
AMARILLO -- State Rep. Warren Chisum threw out the welcome mat this week. He and Michael Gerber, executive director of the Texas Department of Housing and Community Affairs, announced that the state agency is releasing $160 million for low interest mortgage loans for first time homebuyers.

Democrats call for ‘mortgage czar' to tackle sub-prime crisis (The Hill)
Standing alongside senior Democratic lawmakers, Senate Majority Leader Harry Reid (D-Nev.) and House Speaker Nancy Pelosi (D-Calif.) attacked the Bush administration on Wednesday for a sluggish and feeble response to the sub-prime mortgage crisis, likening it to a nationwide Hurricane Katrina that Republicans could have averted.

 
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