Types Of Bankruptcy

California Mortgage Defaults Reach 15 Year High (Nasdaq)  (RTTNews) - DataQuick information systems reported Wednesday that the number of mortgage default notices filed against California homeowners jumped to their highest level in fifteen years, since DataQuick began compiling


Fed committee raises rates  Continuing its ongoing quest to keep inflation in check, the Federal Open Market Committee on Tuesday made it a bit more expensive to borrow money while improving the payoff for


Crown corp. 'subsidizing' pot grow-ops  Canada's Crown mortgage corporation is "subsidizing" criminal marijuana grow-ops to the tune of millions of dollars each year, according to some MPs.Commentread more...


Median home price tops $165K in Midstate  Middle Tennessee's hot housing market showed no signs of cooling off in June, as an all-time record number of properties changed hands and pushed the median home price to more


Woolwich tracks base rates for the lifetime of your mortgage (The Scotsman: Business)  WOOLWICH is set to offer a lifetime tracker mortgage at just 0.19 points above the base rate, giving a current rate of 4.69 per cent.read more...


Weekend Edition: Far-reaching impact for stocks if home prices tumble  If a much-feared crash in U.S. housing prices does indeed come to pass, many homeowners are likely to discover that more than just their house could be vulnerable to losses.via

July 14th, 2007

Housing troubles rising for America’s poor

“The demand for assistance goes significantly unmet.”

Growing numbers of the nation’s poorest households are using more than half their earnings for rent while waiting years for federal housing assistance that may never come. via Hawk Eye



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