Types Of Bankruptcy

Safety and Home Improvement  Just when you thought you could do it yourself, you really can. With home improvements stores popping up left and right and television shows giving first class instruction on how


Booming toward a BUST?  Ah yes, but what about that bubble, and the warning that prices are inflated and a correction is coming? Buy at the top just before prices drop and, well, you


U.K.'s Economic Slump Deepens  The Bank of England's chief said falling house prices are likely to cut consumer borrowing and slow spending growth.read more...


Even Middle-Class Are Asking for Help Heating Their Homes  Even the middle-class, those with mortgages and 2-incomes, those with high credit-card bills, are coming in asking for assistance as heating bills rise.read more...


One million could see their mortgage bill soar by up to a third (Evening Standard)  Up to a million homeowners are facing a mortgage timebomb as the end of cut price deals sends repayments soaring by up to a third.read more...


Home Buyers and Sellers Real Estate Glossary  Every business has it's jargon and residential real estate is no exception. Mark Nash author of 1001 Tips for Buying and Selling a Home shares commonly used terms with home

March 23rd, 2006

GM sells majority of mortgage business (The Columbus Dispatch)

DETROIT ? General Motors Corp., struggling with big losses, slow sales and high labor costs, said yesterday that it sold a majority interest in its commercial-mortgage division in a deal worth $9 billion that gives its finance arm a boost as it prepares for its own sale.

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