Types Of Bankruptcy

Ameriquest employee pleads guilty to defrauding company, investors  A former account executive at Ameriquest Mortgage Co. pleaded guilty Monday to conspiring to defraud the mortgage lender and investors using $4 million in fraudulent loans, the U.S. Attorney's office


Existing Home Sales Set Record In June  Sales of existing homes set a record in June with home prices shooting up at the fastest pace in nearly 25 years.read more...


Readers Get Answers on Investments  More than 50 readers called with questions about investments and how to take charge of their finances during the Daily Herald's 2nd annual Financial Planning Night.read more...


Rate Trend Index -- Mortgages  Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...


Balter Moves On as Sears Call Nears Paydirt  With Kmart trading at $120 as it awaited its merger with Sears, Balter told clients of UBS that the shares were going to $160. He cited "asset sales, cross-selling of


Shortage of residential city lots spikes prices  ALMOST two years ago, the Manitoba Home Builders' Association expressed its concern about the looming shortage of serviced lots in Winnipeg.read more...

August 2nd, 2007

American Home Mortgage to close (CNN.com)

NEW YORK (Reuters)—American Home Mortgage Investment Corp plans to close most operations Friday and said nearly 7,000 employees will lose their jobs, as the lender becomes one of the biggest casualties of the U.S. housing downturn.

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