Types Of Bankruptcy

GMAC to cut 5,000 jobs at ResCap mortgage unit (Reuters via Yahoo! Singapore News)  NEW YORK (Reuters) - GMAC LLC said on Wednesday it plans to cut 5,000 jobs at its Residential Capital LLC mortgage unit, or 60 percent of that work force, and


Apartments Target Young Professionals  read more...


Lender won't cancel duplicate hazard insurance  First make sure you didn't agree to the insurance at the closing, says Dr. Don.read more...


Economic adviser is pick to head Federal Reserve  President Bush yesterday nominated Ben Bernanke, head of the Council of Economic Advisers and a well-respected academic economist, to replace Alan Greenspan as chairman of the Federal Reserve.read more...


Rick Thames Lenders need to disclose more (Reg Req'd)  Editor Today we learn that to be black in America is to be much more likely to pay a higher interest rate for a home purchase loan from among the


Q&A: Jennifer Colley You can't get this at Macy's  "We always seem to be right on it or ahead." Jennifer Colley, who started the furniture and interior design business Posh Home three years ago in Tacoma, now finds

July 27th, 2005

Mortgage rates to rise?

Dear Curt, Alan Greenspan, chairman of the Federal Reserve Board of Governors, has described the disconnect between rising short-term interest rates and relatively stable long-term rates as a conundrum.

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