Types Of Bankruptcy

FDIC Shuts Down NetBank Because of Excessive Level of Mortgage Defaults (Canadian Business)  Alan Zibel September 28, 2007 - 6:18 p.m. WASHINGTON (AP) - NetBank Inc., an online bank with $2.5 billion in assets, was shut down by the government on Friday because


Housing-Aid Measure Advances  The Senate passed an extensive housing package that includes tax relief for homeowners. The legislation also overhauls regulation of faltering mortgage-finance firms Fannie Mae and Freddie Mac.read more...


Transcript: Party Leaders' Debate, TVOne,  K SAINSBURY: Good evening, I'm Mark Sainsbury, and welcome to this One News Special, the last in our election debate series.read more...


Analysts: BofA looks at $1B in mortgage write-down (bizjournals.com via Yahoo! Finance)   Bank of America Corp. may be the next big U.S. bank to suffer consequences from the subprime mortgage crisis.read more...


Cost Of Financing American Dream Goes Up  Rates on 30-year, fixed-rate mortgages shot to 6.43 percent this week from 6.35 percent last week -- the highest level since 6.44 percent during the week of Sept.read more...


Meredith used home parties to launch Siempre Mujer  DES MOINES, Iowa The Meredith Corporation is launching a new magazine by luring subscribers in a setting they're comfortable with -- their own homes.read more...

February 7th, 2007

Aussie shares flat; banks drop on mortgage worries (Reuters Finance News, Australia via Yahoo!7 Finance)

SYDNEY, Feb 8 (Reuters) – Australian shares closed unchanged on Thursday after setting successive record peaks earlier this week, but banks fell after rating agency Moody’s warned of record mortgage delinquencies.

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