Types Of Bankruptcy

New reverse-mortgage option welcomed by lenders  On Nov. 8, Texans voted yes on a ballot referendum item that called for amending the Texas Constitution that allows lenders to offer reverse mortgages as lines of credit.read more...


Teachers may get break on impact fees  Lee County may offer teachers a break on school impact fees when they buy new homes.read more...


Will a Big Check Reduce Future Payments? Depends on Your Loan.    Many borrowers would like a mortgage in which the monthly payment drops after a large payment to principal. They may have irregular income, or they may anticipate coming into


Housing market down and out in '06   The final numbers are in, and 2006 was a year to forget for the Livingston County housing market.Commentread more...


American Home Mortgage to close Friday (Reuters via Yahoo! News)   American Home Mortgage Investment Corp. plans to close most operations on Friday and said nearly 7,000 employees will lose their jobs as the lender becomes one of the biggest


Fannie Mae sees home sales falling 5-10% in 2006  U.S. home sales are on track to decline by as much as 10% in 2006, mortgage finance company Fannie Mae predicted Tuesday.read more...

January 16th, 2006

Inland Commercial Mortgage Corporation Places $374,000 Mortgage for Auto Parts Store (Business Wire via Yahoo! Finance)

OAK BROOK, Ill.——Jan. 17, 2006—Inland Commercial Mortgage Corporation has arranged a $374,000 loan for the purchase of the Advance Auto Parts store at 902 Columbus Ave. in Bay City, Mich.

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