Types Of Bankruptcy

Mortgage losses put U.S. lender deep into the red (CBC)  Countrywide Financial, the struggling home lender that has become a prominent victim of the U.S. mortgage crisis, has reported its first yearly loss in more than 30 years.read more...


Condo crazy, again  Anne Do is used to sharing walls. She rented at Warner Center Apartments for three years while trying to buy a home.via


Money laundering 'kingpin' pleads guilty  The "king pin" of the country's biggest ever property fraud and money-laundering case has admitted swindling over a million dollars from mainly low-income homeowners and lending institutions.read more...


Bush's tax reform appears dead on arrival  President Bush's Federal Tax Reform advisory panel issued two sets of recommendations this month.read more...


Harland Financial Solutions acquires Financialware  Harland Financial Solutions, Inc. has established itself as a leader in the increasingly important Enterprise Content Management arena with the acquisition of Carmel, Indiana-based Financialware, Inc.read more...


Deval Patrick Made $3.8 Million In 2005  How much are the Democratic candidates for governor worth, and where does their money come from? New information on that front has just been released.One of the most contentious battles

August 3rd, 2007

Mortgage firm begins to cut its operations (Everett Herald)

NEW YORK - American Home Mortgage Investment Corp., which raised fears this week that it may become insolvent, said Thursday it has stopped taking mortgage applications and is cutting most of its staff of more than 7,000 effective Friday.

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