Types Of Bankruptcy

Paragon's says upbeat on outlook  Mortgage lender The Paragon Group of Companies reported a 10.5 percent rise in full-year profit on Wednesday, in line with forecasts, and flagged a "fairly healthy recovery" in key sales


Freddie Mac: $40M Available For Mortgage Loans To Miss. Storm Victims (The Jackson Channel)  GULFPORT, Miss. -- Mortgage giant Freddie Mac says $40 million is being made available in low-cost mortgages to Mississippi hurricane victims. Freddie Mac is the second-largest U.S. buyer and guarantor


Students have hand in look of new lunchroom in Hartford  The local mascot, Geco, is not a real dog that has to be fed each day and taken to the veterinarian each year.via


Mortgage rates at 3-1/2 year high (CNN Money)  The 30-year fixed-rate mortgage rose this week to the highest level in more than three and a-half years, with the one- and five-year rates also posting slight gains, Freddie Mac


Mortgage and real estate horror stories (Bankrate.com via Yahoo! Finance)   Shiver in fright at the real-life stories about mortgage and real estate mishaps.read more...


Capital One Financial to Quit Residential Mortgage Business (New York Times)  The company also said it would close its wholesale mortgage banking unit and lay off roughly 1,900 employees.read more...

April 15th, 2007

Money club spurs suit

“It can be assumed that the investments . . . are worthless”

As prosecutors pursued small claims of thievery against home decorator Elaine Netolicky, the Carmel woman purportedly led an investment club that fleeced clients of far more cash. via The Indianapolis Star



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