Types Of Bankruptcy

Bloomington mortgage lender ResCap to cut jobs (WKBT La Crosse)  BLOOMINGTON, Minn. one of the country's largest mortgage lenders, Residential Capital of Bloomington, says it will cut more than one-thousand jobs as it struggles during the severe slump in the


Rufi Group invests in Dubai-based real estate project  Rufi Group's project in Dubai, the Twin Towers, is a unique construction offering its customers ultra-modern accommodationsvia


American Home Mortgage to close Friday - report (CNN Money)  NEW YORK (Reuters) -- Mortgage lender American Home Mortgage Investment Corp is closing its doors Friday and has told employees they will be laid off, according to Newsday , citing


Slicing, Dicing, and Otherwise Accumulating Debt  Debt is in vogue these days. From the government budget to Joe Sixpack's personal finances, there's no shortage of red ink.read more...


Poles watch housing prices soar  Klaudia Kocimska's dream is slipping away: She would love to own a small but modern apartment in downtown Warsaw, in walking distance to her office, with a little terrace for


HBOS reassures on retail bad debts  HBOS Plc reassured investors on Wednesday, saying rising retail bad debts were in line with its expectations and that it was on track for market forecasts for annual profit.via

February 8th, 2007

Mortgage Stocks Dive As Defaults On Bad Loans Rise (The Tampa Tribune)

Shares of U.S. mortgage lenders plunged Thursday after New Century Financial Corp. and HSBC Holdings PLC said losses from bad home loans are piling up faster than they expected.

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