Types Of Bankruptcy

FSA reports progress in UK mortgage selling standards (Banking Business Review)  The UK financial regulator, the Financial Services Authority (FSA), welcomed the improvements made by lenders in the way they operate their self-certification mortgage business since it issued a Good Practice


King Offers a Fan the Chance to Star in His New Book  Horror impresario Stephen King is offering one lucky bidder the chance to have a character named after them in his next spine-chilling book - but he warns that the story


Quick home fixes close as toolbox  Noah Blumberg's father gave him his first toolbox at age 12. Throughout the years, he acquired other tools for various home improvement projects.Commentread more...


New Century Stock Resumes Slide; GE Mortgage Unit Curbs Loans (Bloomberg.com)  March 9 (Bloomberg) -- New Century Financial Corp.'s stock, already down about 90 percent this year, fell to its lowest level since 1998 as Merrill Lynch & Co. analyst Kenneth


City departments on move  To prepare for construction of a new city hall, several city departments and services are relocating to a temporary office.read more...


Fed creates new winners, losers  Rate changes by the Fed can affect consumers' budgets. Here's how the Fed's announcement affects both borrowers and savers.read more...

July 17th, 2007

Bernanke Says Fed Will Write New Mortgage Rules (Update1) (Bloomberg.com)

July 18 (Bloomberg)—Federal Reserve Chairman Ben S. Bernanke told Congress the central bank will propose new mortgage-lending regulations to strengthen consumer protections, responding to lawmakers’ pressure to address the subprime mortgage crisis.

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