Types Of Bankruptcy

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Mortgage rates jump to 4-year high  The traders who price mortgage rates this week decided en masse that the Fed may not stop raising rates soon, causing the 30-year fixed rate to leap to 6.83 percent.read


1 Arrested After Chase, Carjacking  LAKELAND | A high-speed chase through Lakeland that led to a carjacking and shots fired at deputies ended with the arrest of one of two cousins Thursday night near Interlachen


Adapting Community Design to Anticipate Trends   There are walking trails, swimming pools and tennis courts. The landscape is well-maintained. If you didn't know better, you might think you were walking the grounds of a resort. read more...


HOEPA trigger adjusted for 2006  The Federal Reserve Board yesterday approved an increase to $528 in the fee-based trigger for added disclosures under the Home Ownership and Equity Protection Act beginning next Jan.read more...


A way to play the property game  "A basic definition of 'flipping' is when people buy residential property, hold it for a brief period of time, make minor improvements, and then sell it, hoping it has appreciated

August 7th, 2007

Mortgage mess creates bargains (Washington Post)

NEW YORK (Reuters) – U.S. mortgage roadkill is fresh and ripe for the picking. Countrywide Financial Corp demonstrated that on Tuesday when it announced plans to buy five retail mortgage branches from HomeBanc Corp , which is exiting the business after its stock was delisted last week for trading around 30 cents a share.

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