Types Of Bankruptcy

Q: With all the bank mergers and takeovers going on, what would happen if I had a mortgage loan with Wachovia or with ... (Louisville Courier-Journal)  A: Those loan contracts become part of the deal. So if you had a WaMu mortgage, your new bank is JPMorgan Chase.read more...


Homes for Sale  Starting from $10,000 with no money down. Free listings. http://www.iforeclosures.com/ Foreclosed Homes Save 50% on Foreclosures.Commentread more...


Since 2001, the mortgage-finance company miscalculated interest...  Once again, Freddie Mac has announced a restatement. The embattled mortgage-finance company, fresh off a major accounting scandal, will reduce net income for the first half of 2005 by about


Mortgage lenders, others in housing aid Katrina victims  As Hurricane Katrina tore through the Gulf States and the resulting flood deluged New Orleans, it quickly became apparent that -- second only to the devastating loss of life --


Impac Mortgage Holdings COO Sells Shares (AP via Yahoo! Finance)   The chief operations officer of Impac Mortgage Holdings Inc., which buys mortgages and pools them into loan-backed bonds, sold 10,700 shares of stock, according to a Securities and Exchange


Home affordability at record low  The percentage of Los Angeles County households able to buy the mid- priced home remained at a record low in June, staved off from plunging further by declining mortgage interest

May 4th, 2005

GMAC Commercial Mortgage Corporation Arranges $51.2 Million in Acquisition Financing for a Maryland Office Building (Business Wire via Yahoo! Finance)

GMAC Commercial Mortgage Corporation has arranged $51,200,000 in permanent, fixed-rate acquisition financing for a Frederick, Md., office building.

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