Types Of Bankruptcy

City considers memorializing house where Oswald stayed  The tidy house with the large picture window on West Fifth Street looks like many other older homes in South Irving.Commentread more...


Crunch time as mortgage brokers flee (The Australian)  THE global credit crunch has plunged the mortgage broking industry into turmoil, with a third of all brokers expected to flee the industry by the end of the year.read more...


Countrywide Financial swings to loss of $1.2 billion on weakening mortgage market (International Herald Tribune)  Countrywide Financial Corp., the largest U.S. mortgage lender, said Friday it swung to a loss of more than $1 billion (?700 million) in the third quarter on to rising loan-loss


2 Jackson mortgage brokers receive prison terms for schemes (The Clarion-Ledger)  Two former Jackson mortgage brokers have been sentenced to federal prison terms for their roles in separate mortgage fraud schemes.read more...


Mortgage Hot Potatoes: Banks Try to Unload High-Risk Loans  Lenders and Wall Street firms are trying to get rid of bad home loans, as more Americans fall behind on mortgage payments. read more...


Owner charged in Malta fire  MALTA , The owner of a downtown Malta building that burned to the ground last year is in the Phillips County Jail on felony charges of arson, criminal endangerment and

February 6th, 2007

A Mortgage Marriage Made in Heaven? (BusinessWeek Online via Yahoo! News)

The clubby world of U.S. mortgage insurers received a jolt on Feb. 6 from news that the industry’s No. 1 player, MGIC Investment , agreed to acquire rival Radian Group in a stock deal valued at around $4.9 billion. Shares of both outfits shot higher after the deal was announced.

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