Types Of Bankruptcy

Mortgage loan agent sees trends, rewards (South Bend Tribune)  Judith Reimbold, assistant vice president and mortgage loan originator with MFB Financial in Mishawaka, has a day planner filled with residential client meetings for loan prequalifications and closings. Reimbold spoke


Mortgage rates fall to lowest level in a month (The Record)  WASHINGTON -- Rates on 30-year mortgages fell last week to the lowest level in a month as investors found new reasons to worry about a possible recession. Freddie Mac, the


Bush Acknowledges Concerns About Economy   "Among the earmarks Congress approved was one for a prison museum and another for a sailing school" President Bush tried Saturday to assure many families that he knows they


Ameriquest in $325 million settlement with states  Lending giant Ameriquest will implement reforms while its parent company pays $325 million under an agreement to settle investigations into Ameriquest practices by state attorneys general in several states, a


The Tide Is Turning    What's the shape of a post-bubble, post-correction real estate market? And more to the point: What does that mean for you? read more...


Surging SoCal mortgage fraud raises concerns about defaults (The San Francisco Examiner)  LOS ANGELES - Mortgage fraud surged in Southern California as borrowers overstated income, exaggerated assets and hid debts to qualify for expensive mortgages, authorities and industry observers said.read more...

January 31st, 2007

BMo to cut 1,000 jobs in streamlining to become more efficient

Bank of Montreal is cutting 1,000 jobs as it streamlines operations and refocuses efforts to increase sales, improve customer service and boost its bottom line after one of its most profitable years ever.
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