Types Of Bankruptcy

G.M. sells 78% of GMAC mortgage unit for $1.5 billion (International Herald Tribune)  General Motors Corp. said Thursday that it is raising nearly $9 billion in cash by selling a majority interest in its commercial mortgage division and sprucing up the finances of


With thousands of homes to choose from, there are simple ways sellers can make their home stand out.  When it comes to selling your home, where you live has a lot to do with how long your home may stay on the market.read more...


Agents say Inland Empire residential market slowing, but prices continue to rise  Sales of new and existing homes in Riverside County tumbled more than 6 percent last month, while transactions in neighboring San Diego County skidded roughly 12 percent, industry data found.via


Direct deposits, payments offer convenience, security (Reg Req'd)  Life isn't easy, but routine financial transactions can be. Direct deposits and direct payments - two sides of the same electronic coin - offer ways to complete transactions faster, more


Confused by all the Mortgage Options? Here's Help (Hornell Evening Tribune)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


No Housing Bubble Yet, But Signs Emerging  While the recent rise in prices in the U.S. housing market is not currently indicating a bubble, the increases may be showing the emergence of one, according to a new

August 6th, 2007

Luminent Mortgage Capital: Another MREIT Bites the Dust? (Seeking Alpha via Yahoo! Finance)

Rick Dean submits: It was just a few weeks ago that American Home Mortgage , the nation’s tenth largest mortgage lender, assured investors its .70 cent quarterly divided was safe and the company’s future was secure, despite a withering credit crunch precipitated by rising defaults among residential home buyers.

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