Types Of Bankruptcy

GMAC Mortgage Unit Chief Financial Officer Resigns (Update1) (Bloomberg.com)  March 23 (Bloomberg) -- GMAC LLC said Chief Financial Officer James Giertz will resign from its Residential Capital division, the second executive this week to leave the money- losing home


State employees face wage fallout in tough economy  Employees reacted to an executive order Gov. Arnold Schwarzenegger signed Thursday, laying off more than 10,000 temporary, part-time and contract employees and temporarily paying as many as 200,000 state ...read


Print works badly damaged by arson  POLICE are investigating an arson attack which caused 100,000 worth of damage to a print works and threatened to ruin the business.via


US mortgage lender slashes jobs (BBC News)  Countrywide, the biggest US mortgage lender, will cut up to 20% of its staff, as business slumps.read more...


Skinner, Turnovers Push Deacons to 5th in a Row  ANNAPOLIS, Md. | Three turnovers by Navy and a big day for Riley Skinner and Kenneth Moore enabled Wake Forest to win its fifth straight game. Skinner threw 15 passes


Lowe's Profit Rises 20 Percent, Led by Air Conditioners, Outdoor Furniture  Lowe's Cos., the world's No. 2 home- improvement retailer, said second-quarter profit rose 20 percent, topping analysts' estimates, helped by kitchen installations and new stores.read more...

June 27th, 2006

Mortgage delinquency in Louisiana falls sharply (New Orleans Times-Picayune)

The number of borrowers who are behind on mortgage payments fell by one-third in Louisiana in the first quarter and by almost one-fourth in Mississippi, a recently released banker survey shows.

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