Types Of Bankruptcy

2 Men Arrested In Countrywide ID Theft Case  The Federal Bureau of Investigation said it arrested two men Friday accused in a scam to steal and sell private information from as many as 2 million customers of Countrywide


Hey (Freddie) Mac, Can You Spare a Mortgage?  Never mind the rising interest rates. The quasi-government firms are rolling out products aimed at low- and mid-income workers to help them become first-time homeowners.read more...


Bankruptcies 'soar' among young  The number of young people going bankrupt has risen sharply in the past two years, according to new figures, as personal debt levels have mounted.via


GMAC Commercial Mortgage Corporation Arranged $42.72 Million in Acquisition Financing for a California Office Building (Business Wire via Yahoo! Finance)   SAN FRANCISCO----Dec. 13, 2005--GMAC Commercial Mortgage Corporation has arranged $42,720,000 in fixed-rate, acquisition financing for a San Francisco, Calif., office building.read more...


Groups Assail Mayor's Use of Firm's Jet  The head of the Mexican American Political Assn. on Tuesday called on Los Angeles Mayor Antonio Villaraigosa to drop support of an ambassadorship for an owner of Ameriquest and urged


Bank of England Holds Benchmark Rate at 4.5 Percent for a Third Month  The Bank of England kept its benchmark interest rate unchanged for a third straight month amid signs of stronger growth in service industries and concern about accelerating inflation.read more...

September 4th, 2006

FSA fines mortgage firm £56,000 for PPI sales failures (UK Financial Services Authority)

The Financial Services Authority has today fined Regency Mortgage Corporation Limited (Regency) £56,000 for failures relating to its sale of mortgage related Payment Protection Insurance (PPI) in the sub prime market.

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