Types Of Bankruptcy

Home Sales Still Rising To Records  The nation's roaring housing market set its second record in three months as sales of existing homes climbed 2.7 percent in June, to 7.33 million, according to a report released


WaMu selling mortgage-servicing and investment units (Seattle Times)  Washington Mutual Inc., the biggest U.S. savings and loan, agreed to sell a mortgage-related unit to Wells Fargo & Co. to focus on faster-growing...read more...


N.J. offers financial help to those with mortgage problems (The Record)  TRENTON -- State officials on Wednesday announced a new foreclosure-prevention effort to help thousands of New Jersey borrowers facing mortgage problems.read more...


Folsom mortgage lender shuts down amid rising home loan defaults  Defaults have claimed the first home lending casualty in the Sacramento region with the demise of Folsom-based Central Pacific Mortgage.Commentread more...


New York Sues Appraiser In Mortgage Loan Probe (Washington Post)  New York's attorney general sued one of the country's largest mortgage appraisers yesterday for inflating house values, saying it would be the first in a series of cases to attack


U.K Gross Mortgage Lending At Record High In June - CML (Nasdaq)  (RTTNews) - U.K gross mortgage lending showed a record high of GBP34.2 billion in June, the Council of Mortgage Lenders said Thursday. The increase was driven by seasonal effects and

May 12th, 2005

Bubble or Not, High Home Prices Can Hurt

Pamela Harness has never seen the market this hot. The Phoenix-area real estate agent’s clients include a couple who made a $150,000 profit by reselling a house they held for just six months, an investor who …

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