Types Of Bankruptcy

Mortgage brokers 'holding on' (Baltimore Sun)  Housing slump has thousands leaving the field Mortgage brokers who haven't fled the industry or been forced out are in survival mode.


Mortgage growth slowest since 1991 (RTÉ News)  Lending growth in the economy slowed to a five-year low in June, according to the Central Bank. Overall, private-sector credit grew at an annual rate of 14.3%, down from 15.1%


18 charged in mortgage fraud scam (Miami Herald)  Federal and state law enforcement officials said Thursday they had charged 18 people in in mortgage fraud schemes involving more than $50 million in bogus home loans.read more...


Fannie Mae Ends Deal With New Century  Fannie Mae will no longer allow New Century Financial Corp. to sell mortgage loans to the U.S. government-sponsored company, alleging the troubled lender has breached the terms of its contracts,


American Home Mortgage Investment Corp. Announces Common Stock Offering (Finanzen.net)  American Home Mortgage Investment Corp. (NYSE: AHM) announced today a public offering comprised of 4,000,000 shares of its common stock. The Company has also granted the underwriters an option to


Home Savings and Loan Co. will pay off the mortgage on the family's new home. (The Youngstown Vindicator)  Home Savings and Loan Co. will pay off the mortgage on the family's new home. BOARDMAN ? Thousands of "Extreme Makeover: Home Edition" fans came out to witness the construction

March 19th, 2007

States move to stop lender

New Century Financial, the beleaguered lender that caters to people with poor credit scores, said Monday it had received cease-and-desist orders from four more states to stop it from accepting new mortgage …
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