Types Of Bankruptcy

Wells Fargo Sells A$2 Billion Debt, Largest Australian Corporate Bond Sale  Wells Fargo & Co., the fifth-largest U.S. bank by assets, sold A$2 billion of five-year bonds, the biggest ever corporate debt sale in Australia and four times the amount it


Mortgage refinancing rises (Reuters via Yahoo! News)   Applications for U.S. home mortgages climbed last week, snapping a three-week decline, as interest rates fell for the first time since June, an industry group said on Wednesday.read more...


Mortgage applications rose 7.5% last week: MBA (Market Watch)  Mortgage application volume increased a seasonally adjusted 7.5% last week, driven mainly by an uptick in applications to purchase a home, the Mortgage Bankers Association reported Wednesday.


New Century gets a little breathing space from Barclays  New Century Financial agreed to transfer $900 million of loans to Barclays Plc, one of its financial backers, as the subprime mortgage specialist tries to recover from a credit crunch


Watts Changes, and a Mainstay Bids It Farewell  read more...


Yen slips as investors cash in  The yen lost ground against the dollar and the euro on Tuesday as investors took profits following the recent equity-related run up in the Japanese currency.read more...

November 7th, 2005

Church Mortgage REIT Foundation Capital Resources Announces Third Quarter 2005 Results (PR Newswire via Yahoo! Finance)

Foundation Capital Resources, Inc. , a Real Estate Investment Trust founded in 2000 and focused on providing mortgage financing to churches and other faith-based organizations, today announced strong financial results for the Company’s third quarter ended September 30, 2005.

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