Types Of Bankruptcy

The Game Is Virtual. The Profit Is Real.  JASON AINSWORTH plays the online game Second Life at least four hours a day. In the game, he runs a virtual real estate development business.via


Chat Plus   Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...


Bernanke Assures Hill on Mortgage Hit (Washington Post)  WASHINGTON -- Federal Reserve Chairman Ben Bernanke told Congress Thursday the credit crisis has created "significant market stress" and offered fresh assurances that regulators would take steps to curb fallout


Polk Building Permits Fall For the Ninth Straight Month  Polk County's building permit totals dropped again in November, for the ninth consecutive month, and builders don't see any relief in sight. Last month's 315 permits was nearly a 60


Incomes drop sharply in July while spending slows  Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments.read more...


Fraud indictments draw guilty pleas from four  ROCKFORD , Four Freeport-area residents pleaded guilty last week to charges stemming from a scheme to defraud the U.S. Department of Housing and Urban Development.via

September 15th, 2006

Mortgage arrears alarm could be false (Financial Times)

Missed mortgage payments hit the headlines this week when a survey suggested that one in 25 borrowers had missed a payment to their bank or building society: equivalent to 770,000 people.

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