Types Of Bankruptcy

Home Improvements That Pay Their Way  Some low-cost upgrades to your home can save you money in the long run by cutting future energy bills. read more...


Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)   Shares of mortgage lenders continued surging Wednesday a day after the Federal Reserve cut its target for interest rates.read more...


Countrywide Financial reports Q3 loss of $1.2B on mortgage woes (The Canadian Press via Yahoo! Canada News)  LOS ANGELES - Countrywide Financial Corp. lost US$1.2 billion in the third quarter, but its shares soared Friday after the largest U.S. mortgage lender said it expects to be profitable


AUSTRALIAN MORTGAGE FUNDS UNDER PRESSURE TO PERFORM: S&P (Asia Pulse via Yahoo! Australia & NZ Finance)   Housing Mortgage funds are facing greater pressure to outperform due to increasing competition, rising fund inflows and low interest rates, according


Credit rating agencies draw criticism  "Over the last six months, a lot of people have learned the hard way that this risk exists -- and that the rating agencies aren't fool proof" For the


Mortgage Bill Would Protect Consumers (AP via Yahoo! Finance)   A top House Democrat's plan to reform oversight of the mortgage sector would have a major impact on multiple levels of the $11 trillion industry, according to a draft

November 1st, 2005

Is It Time to Remodel The Homeowner Tax Break?

One suggestion from President Bush’s tax-reform advisory panel—restricting the deduction for mortgage interest—raises the question: How far should the U.S. government go in encouraging homeownership?

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