Types Of Bankruptcy

Mortgage giant rescue could cost $25b (San Francisco Chronicle)  Congress' top budget analyst says a federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion. But Peter R. Orszag, director


Home sales fall statewide; Detroit resists downward trend  It was tough to sell a home last year in Michigan. Sales of existing single-family homes were down nearly 14 percent from Jan.Commentread more...


Concord   Yesterday, developer Michael Simchik announced his second tenant, the McLane law firm, which will occupy about half of the fifth floor at the six-story Capital Commons building.via


Proposed CSX Rail Hub Causes Division  LAKELAND | It's a project that could potentially divide Polk County and bisect downtown Lakeland. A new CSX rail hub planned for more than 1,200 acres in Winter Haven has


Mortgage concerns, rising oil pull US stocks down (The Economic Times)  US stocks ended lower Friday led by banks and brokerages. Concerns over the subprime mortgage industry and higher crude oil prices saw stocks shed early gains.read more...


Fire Starter    Q: DEAR BOB: I rent an apartment in a large complex. About six months ago, I accidentally left my dinner cooking on the stove and it overheated. It caused

June 9th, 2007

Mortgage industry cleaning up its act, broker claims (The Star Press)

MUNCIE —The mortgage loan industry has often been blamed for the nation’s high rate of foreclosed homes. Subprime lenders—who offer loans with high interest rates to people with bad credit—are cited for fueling the home loan boom that has turned into a national foreclosure bust.

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