Types Of Bankruptcy

Pakistani Province Demands Frugal Wedding Parties  LAHORE, Pakistan | When Mohammad Imran was planning the dinner for his cousin's wedding reception, he had no excuse to trim the pricey menu down from six entrees. Then the


Sales of Existing Homes Rise  Defying expectations, sales of previously owned homes rose in August to the second-highest level on record with home prices rising at the fastest pace in 26 years.read more...


Bidding open on study to move prison  State officials on Monday will begin accepting bids for a feasibility study to move the Utah State Prison from Draper to another location.Gov. Jon Huntsman, who talked about the relocation


Six charged in mortgage scheme (Miami Herald)  Alberta police charged six people accused of defrauding 22 lenders including Genworth Financial Inc. and Canada Mortgage & Housing Corp. of C$30 million ($25.6 million) for financing properties in the


KeyCorp earnings off 51%  Banking and financial services company KeyCorp on Friday reported fourth-quarter earnings fell 51 percent, due to charges linked to the sale in December of nonprime mortgage loan businesses.Commentread more...


No let-up yet in mortgage squeeze (BBC News)  Gross mortgage lending fell by another 2% in May, to push it 19% lower than a year ago, say mortgage lenders.read more...

April 20th, 2005

Locking a rate vs. paying discount points

Those waiting for a house to be finished often spend thousands on long rate locks, but there is an alternative: Pay that same money for discount points.

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