Types Of Bankruptcy

Don't rush into fixed-rate mortgage, experts suggest as rates rise (CP via Yahoo! Canada News)  TORONTO (CP) - Tuesday's rise in variable mortgage rates will have some homeowners looking to lock in their rates, but experts say not to be hasty. It could be just


No Lull in Mortgage Pitches (NYTimes.com via Yahoo! Finance)   The mortgage market may be in a historic upheaval, but mortgage companies continue to pump out upbeat advertisements.read more...


Extra Space Storage and Prudential acquire Storage USA for $2.3 billion  A joint venture of Salt Lake City of based Extra Space Storage Inc. and Prudential Real Estate Investors has agreed to buy Storage USA for $2.3 billion from GE Commercial


City building permits lag in July  Once again, the city's building permits are down compared to last year, despite the numerous developers who have projects in Elko.read more...


UK net mortgage lending up record 6.2 bln stg in Aug vs 5.8 rise in July - BBA (Sharewatch)  The British Bankers' Association said net mortgage lending in August rose by 6.2 bln stg, 0.4 bln stg higher than the 5.8 bln stg rise in July and well above


Borrowers await 'extortion' ruling  HUNDREDS of borrowers saddled with extortionate personal loans might be able to walk away from their agreements if a Merseyside couple wins a landmark legal case taking place at the

March 8th, 2007

SUBPRIME MORTGAGE MELTDOWN (Pioneer Press)

BY JENNIFER BJORHUS PIONEER PRESS At its peak Maribella Mortgage had 125 employees, operations in Chicago and Milwaukee and investors eager for the subprime mortgages it bundled together at $20 million to $50 million a pop.

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