Types Of Bankruptcy

Judge Lectures Countrywide but Decides Not to Punish It in Texas Mortgage Case (New York Times)  HOUSTON (Bloomberg News) The Countrywide Financial Corporation, the largest American mortgage lender, did not show ?bad faith? in the handling of a Texas homeowner?s mortgage and will not be sanctioned


From Auto Supply Store to Hospice  read more...


Panel to Share Ideas on Tax Laws  Organizations representing Realtors and mortgage bankers say they will strongly oppose recommendations anticipated today from President Bush's tax advisory panel to limit deductions of interest paid on home ...read more...


Around the Nation  Federal Reserve Chairman Alan Greenspan on Wednesday praised the useful advice provided to presidents over the years by the Council of Economic Advisers, a tiny White House agency now headed


Rate Trend Index -- Mortgages  Each week, Bankrate.com surveys experts to gauge which way the interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...


Countrywide sued over losses in 401k retirement plan  "We believe that they knew that it became at some point a risky investment" A lawsuit filed against Countrywide Financial Corp. on behalf of its employees claims they suffered

August 10th, 2005

The Marketplace Report: Mortgage Rates on the Rise (NPR)

Madeleine Brand talks to Bob Moon of Marketplace about news that mortgage rates have reached a four-month high. The rise in rates is driving down applications for home mortgages, according to the Mortgage Bankers Association, and economists are seeing home sales and construction edging off their peaks.

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