Types Of Bankruptcy

Matthews touts GOP  Fresh off Tuesday's rebuke of incumbents, lieutenant governor candidate Jim Matthews brought to the city the campaign to unseat Gov.read more...


Fitch Upgrades 4 Classes of GE Commercial Mortgage 2003-C2 (Centre Daily Times)  Fitch Ratings has upgraded the following four classes of GE Commercial Mortgage Corporation, series 2003-C2:read more...


CMG's 'Accelerator' Mortgage Deserves a Second Look    Two years ago, I wrote a fairly critical piece about CMG Financial's Home Ownership Accelerator mortgage loan program. I have since taken a closer look at the complicated program


Mortgage brokers fall on tough times (USA Today)  Mortgage brokers are leaving the business in droves as the crisis in subprime mortgages leads to fewer products to sell, tighter lending standards and a backlash from lenders who blame


Mortgage lending in UK soars to new high (Sunday Business Post)  Rising house prices and a boom in demand during the early summer pushed mortgage lending in the UK to another record high today.read more...


Chicago feels housing chill  Increasingly finicky home buyers are putting the brakes on the Chicago real estate market, where sales of single-family homes plunged a steep 15 percent in June from the same month

July 10th, 2006

Mortgage giants avert potential disaster

A potential financial disaster that could have shaken the housing market was averted because regulators discovered accounting failures at Fannie Mae and Freddie Mac, the new head of the agency that oversees the …

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