Types Of Bankruptcy

New Chief for Mortgage Finance Agency (New York Times)  WASHINGTON, April 27 (Reuters) ? The White House said on Thursday that James B. Lockhart III, the deputy commissioner of the Social Security Administration, would be nominated to lead the


IndyMac depositors pull cash as mortgage woes grow (Reuters via Yahoo! News)   Mortgage lender IndyMac Bancorp Inc said on Tuesday depositors had been withdrawing cash at an "elevated" pace since a key U.S. senator questioned its ability to survive the housing


New Century Subpoenaed, Faces Delisting   Subprime mortgage lender New Century Financial Corp., its financial footing crumbling, was all but kicked from the New York Stock Exchange Tuesday, while federal investigations into accounting errors and ...Commentread


Dodge do-it-yourself disasters  Real-estate agent Nancy Raddohl has seen the ugly side of home improvements done wrong.Commentread more...


High Prices 'Main Reason' Market Is Cooling  The Wall Street Journal reports on the nationwide housing bubble. "Soaring house prices and higher mortgage rates have put homeownership out of reach for more people than at any time


Florida's growth slows to 1.8%  A U.S. census report released Friday shows that the boom for the Sunshine State has slowed, with Florida growing only 1.8 percent in 2006 after back-to-back years of adding more

July 27th, 2006

Confused by all the Mortgage Options? Here’s Help (Kewanee Star Courier)

(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.

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