Types Of Bankruptcy

GMAC loans $635M to its mortgage unit (Detroit News)  GMAC LLC, the lender partially owned by General Motors Corp., agreed to loan as much as $750 million to its residential mortgage unit as it seeks to sell a business


H&R Block reports $85.5-million 4Q loss on struggling mortgage arm (The Globe and Mail)  Expected to sell Option Mortgage division at a discount read more...


Home renovation scams on the rise  People lacking sound judgment-due to dementia from old age or other mental disabilities-are increasingly being scammed by unscrupulous home contractors, according to the National Consumer Affairs Center.via


Economists raise forecast for US home sales this year  Housing industry economists raised their forecast for home sales in the United States this year, noting that demand remains strong due to lower-than-expected mortgage rates, the Wall Street Journal reported


Mortgage applications fall last week: MBA (Reuters via Yahoo! News)   Mortgage applications fell for a second consecutive week, led by a decline in home purchase loans, as interest rates hit their highest levels since early December, an industry trade


Dublin's Patterson family to receive new Habitat house  Andrea Patterson said she knew the dream of owning her own home was really becoming a reality when she got a call from a representative of Habitat for Humanity asking

September 29th, 2006

Portellus Makes Web-Based Correspondent Transaction Management Solution Available

Portellus Inc., a leading provider of technology solutions for the financial services industry, announced that its correspondent origination and investor transaction management solution is now commercially …
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