Types Of Bankruptcy

U.S. judge wants fuller accounting from Conrad Black  The federal judge overseeing the upcoming trial of toppled press baron Conrad Black on Wednesday demanded a fuller accounting of his convoluted finances, but did not indicate if she would


Confused by all the Mortgage Options? Here's Help (Ionia Sentinel-Standard)  (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,


Mortgage Next launches Abbey fix (Mortgage Introducer)  Mortgage Next has launched a two-year fixed rate mortgage funded by Abbey.read more...


Bankrate: Economic News Pushes Mortgage Rates Higher (SYS-CON Media)  Both fixed and adjustable mortgage rates increased for the fourth consecutive week. The average 30-year fixed rate mortgage increased from 6.32 percent to 6.37 percent, according to Bankrate.com's weekly national


It's home sweet 'HomeTeam'  As Donny and Jennifer Ashley spent a discouraging Sunday looking for houses, a crowd of friends and family members shoved into a small garage in Wylie.read more...


Dodge These Dangerous Mortgages  Some of you may remember an episode of the BBC's The Money Programme, shown a couple of years ago.read more...

May 27th, 2005

Royal Bank Sells U.S. Mortgage Unit to New Century (Update5) (Bloomberg.com)

May 27 (Bloomberg)—Royal Bank of Canada, the country’s biggest lender by assets, agreed to sell its unprofitable U.S. mortgage unit to New Century Financial Corp. for as much as $109 million, as the Canadian bank scales backs its U.S. business.

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