Types Of Bankruptcy

New Century assets are sold   A hedge fund made a $58-million winning bid for the remaining mortgage portfolio of bankrupt sub-prime lender New Century Financial, topping five other offers, the fund and New Century


Confused by all the Mortgage Options? Here's Help (Harrisburg Daily Register)  (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,


Homeowners in for mortgage shock (TVNZ)  Hundreds of thousands of homeowners are in for a rude shock as low rates secured two years ago during a mortgage price war between the banks come up for renewal.read


Home sales post big drop  Home sales saw the biggest drop in 24 years last year, according to a trade group report on the battered real estate market, but the reading also showed the the


Ex-Official Charged in Tax Fraud Scheme  A former West Palm Beach city commissioner was charged Tuesday with filing a false tax return in an alleged scheme to help a developer push through a project, according to


The Latest Chinese Import: Spam  Like most computer users, Todd Epp regularly receives junk email advertising Viagra pills, mortgage loans and love connections.read more...

November 15th, 2006

Grant doubles mortgage (Mississippi Press)

PASCAGOULA —A homeowner’s grant would make it easier to rebuild his King Avenue home, Stephen Breland figured. He never imagined the federally funded grant would double his monthly mortgage payment and reduce the loan he received from the Small Business Administration.

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