Types Of Bankruptcy

The Simple Doorbell Goes High Tech  Struggling to compete with increasingly popular video-security systems doorbell makers are upgrading their offerings. Some are focusing on the latest sounds in music, while others are adding new-age designs.read more...


Luminent Mortgage Raises Dividend (AP via Yahoo! Finance)   Luminent Mortgage Capital Inc., which invests in mortgage loans, said Wednesday its board voted to increase its quarterly dividend by 2 cents, or 6.7 percent, to 32 cents per


Interest-only loans not the way to go  Q: My wife and I are in the process of buying a new home. We are considering using either a traditional 30-year mortgage or using an interest-only loan.via


How this old house got on TV - twice  Before: The 1940 Arlington, Va., home of Janet and Blair Dobbins, before receiving the "Curb Appeal" treatment from the home-improvement TV show.read more...


AIG United Guaranty, SGIC In Alliance For Mortgage Ins In Skorea (Asia Pulse via Yahoo!7 News)  (Full text of a statement. Contact details below.) AIG United Guaranty and SGIC Announce Alliance to Expand Mortgage Insurance Availability in South Korea SEOUL, Oct 2 /Xinhua-PRNewswire-AsiaNet/ - South Korean


Lender accuses state of extortion  A Las Vegas lender accused the state of extortion, malfeasance and negligence yesterday in the latest round of legal skirmishing over who is responsible for serious financial problems at

June 28th, 2007

How About Your Neighborhood?: Beazer: Exec tried to destroy records

“It’s a bad inference. If it was harmless information or if it was going to be exculpatory, then why did you need to get rid of it?”

Beazer Homes USA said Wednesday it has fired its chief accounting officer for attempting to destroy documents, fresh trouble for a company already under federal criminal investigation.

The executive, Michael Rand, was caught during an internal investigation of the company’s mortgage business, Beazer said in a securities filing. It did not describe the documents.

The incident is another setback for the Atlanta homebuilder, whose stock is down 39 percent this year as it struggles with investigations, lawsuits and a down market for new homes. Read more



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