Types Of Bankruptcy

Mortgage applications rise again (Detroit News)  U.S. mortgage applications rose for a fourth week in five as cheaper borrowing costs led to more home purchases and refinancing, a private report showed today.via


Stocks to take cue from data, broker earnings  U.S. stocks should continue to edge higher next week, barring any negative surprises in inflation readings or in remarks from Federal Reserve officials, and assuming the first batch of second-quarter


First-time buyers facing affordability crisis  New mortgage figures show that the amounts first-time buyers are borrowing as a proportion of their salaries has hit a record.Commentread more...


Like-Kind Exchanges Can Be Thorny    The rules are complex and the time limitations are strict, but if you plan to sell investment property, the Starker, or like-kind, exchange will allow you to defer your


Personal finance: With low rates, long-term investments not practical  When the Federal Reserve's Open Market Committee last met, it raised short-term interest rates another quarter-point, to 3.25 percent - and the markets yawned.via


Fannie, Freddie tighten policies on subprime mortgages  "These actions reinforce the necessity for safe and sound underwriting practices, which serve the interests of lenders and borrowers in promoting sustained homeownership" Fannie, Freddie tighten policies on subprime

April 20th, 2007

H&R Block Agrees To Sell Subprime Mortgage Business (The Tampa Tribune)

KANSAS - CITY, Mo. – After three weeks of speculation, H&R Block made good on a promise to offload its struggling mortgage lending business, agreeing Friday to sell Option One Mortgage Corp. to a private equity firm.

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