Types Of Bankruptcy

Lawsuit charges WaMu didn't pay overtime  Sacramento Business Journal - 2:56 PM PDT Tuesday A lawsuit has been filed by three former Washington Mutual Inc.read more...


Refinancing in the Current Market  Many homeowners across America face the prospect of losing their properties through foreclosure. Yet, obviously, most people aren't at risk. Even so, many who seek to refinance fear that turmoil


Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)   Shares of mortgage lenders sank Monday after the second mortgage bank in two weeks said investors have lost their appetite for "Alt-A" mortgage debt, a type of home loan


Wachovia has $8.9B loss, exits wholesale mortgage (AP via Yahoo! News)   Wachovia says it lost $8.86 billion in the second quarter, hurt by a big goodwill charge and an increase in reserves for bad loans as mortgage defaults soar.read more...


Financial industry strives to enhance efficiency  Korea's financial industry, which was forced to undergo a massive restructuring during the 1997 currency crisis, has been transformed in a relatively short period of time.via


Whole-Home Air Filtering Systems That Promise Relief from Allergies  A new generation of products claims to do a better job of ridding the house of dust, mold and cat dander. But the units can be expensive, and health experts

December 14th, 2005

CIBC raises mortgage rates up to .40 of a percentage point, effective Friday

Mortgage rates rose more than a third of a percentage point Thursday. The Canadian Imperial Bank of Commerce said it will raise the cost of house loans by between 15 hundredths and four tenths of a percentage …

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