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Carrollton-based Home Interiors & Gifts Inc., a 50-year-old company founded by the late Dallas philanthropist Mary Crowley, filed for Chapter 11 bankruptcy protection Tuesday, vowing to reorganize its business operations and restructure its debt.

BUSINESS NEWS: Home lenders tighten standards (Courier-Post)
There are still some programs for first-time buyers that offer slightly more lenient underwriting standards that make it easier to get into a home. But even these are tougher to qualify for.

Home Business

Home Interiors files for bankruptcy protection (AP via Yahoo! Finance)
Home Interiors & Gifts Inc., which sells decorating accessories through home parties, has filed for bankruptcy protection and says it will restructure under a turnaround expert.

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