Types Of Bankruptcy

American Mortgage Acceptance Company Completes the Sale of ARCap Investment (Business Wire via Yahoo! Finance)   NEW YORK----Aug. 15, 2006--American Mortgage Acceptance Company today announced that the sale of AMAC's interests in ARCap Investors, LLC to CharterMac has been completed.read more...


Mortgage holders warned to avoid payday loans (Tucson Citizen)  Homeowners may be tempted to try to put off a foreclosure by borrowing mortgage payment money, especially from payday loan operations.read more...


Real-estate Boom Is Cooling, Industry Group Says  America's historic real estate boom is cresting, and the rate at which home prices appreciate should begin to slow significantly next year, according to the chief economic forecaster for the


Sales Slow after 5-Year Boom  The five-year housing boom is indeed over, judging from growing statistical evidence and the performance of some of the nation's leading builders, and the slowdown is already rippling through the


Wells Fargo opens Concord mortgage center (bizjournals.com via Yahoo! Finance)   Wells Fargo & Co. has opened a mortgage fulfillment center in Concord.read more...


Mortgage boat has holes, but is still afloat (Chicago Tribune)  From the headlines, you might think that lenders will never offer another mortgage. read more...

December 1st, 2006

KeyCorp sells Champion Mortgage to HSBC, Fortress (Reuters via Yahoo! News)

KeyCorp , a large Midwest U.S. bank, on Friday said it agreed to sell its Champion Mortgage subprime lending unit to Britain’s HSBC Holdings Plc and investment firm Fortress Investment Group LLC, so it can focus on consumer and business banking.

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