Types Of Bankruptcy

Freddie, Fannie Ills Leave Experts at Loss  The U.S. Treasury will likely be forced to inject funds into Fannie Mae and Freddie Mac, some top economists think, but they're not sure whether it will be enough to


BofA to close former MBNA mortgage centers (The Charlotte Observer)  Bank of America Corp. told employees last week that it will close the mortgage centers of the former MBNA Corp., shifting their work to its own centers, a spokeswoman said


Jail for mortgage fraud millionaire (icWales)  A multi-millionaire property dealer who launched an empire using fraudulent mortgage applications was jailed today for two years.read more...


Sector Snap: Mortgage Lenders (AP via Yahoo! Finance)   Shares of most mortgage lenders rose Tuesday as a major lender raised cash through two deals and another lender drew a revised takeover offer from a suitor.read more...


$750b GCC mortgage finance market set to broaden (MENAFN)  $750b GCC mortgage finance market set to broadenread more...


Safeguard Properties Unites Mortgage Servicing Industry in Communication Strategies  Safeguard Properties, Inc., which offers field services to the mortgage servicing industry including property preservation, inspections, valuations, title, hazard insurance claims and repairs, and REO and asset ...read more...

January 8th, 2006

Dow’s sojourn in the red may be red herring

The stock market closed out 2005 on a down note, leaving the Dow Jones industrial average with an annual loss of 0.6 percent, its first since 2002.

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