Types Of Bankruptcy

Another subprime lender shuts down as mortgage defaults rise (Sun-Sentinel)  NEW YORK Mortgage lender SouthStar Funding LLC has closed its doors, the latest victim in the battered subprime lending market, a company executive said Tuesday.


NAHB Names New President  North Carolina home builder David L. Pressly, Jr. was elected as the 2006 president of the 220,000-member National Association of Home Builders during the association's 62nd annual International Builders' Show


Board Can't Cancel Flood Insurance  read more...


Flipping frenzy (Reg Req'd)  City of Columbus workers Phil Kneuven, left, and Joe Applegate prepare to board up an abandoned house on Wilson Avenue.read more...


What to know before tying the knot  Whether a servicemember's spouse is American or foreign-born, getting married in Japan requires months of planning.via


Market taking its toll on residents  While her husband gets his immigration status in order, Martha Gonzales is working three jobs.read more...

February 8th, 2007

Mortgage-backed securities sell off after HSBC warning (Market Watch)

NEW YORK (MarketWatch)—News from HSBC Holdings and New Century Financial of an increase in sub-prime mortgage defaults sparked heavy selling of some types of mortgage-linked securities.

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