Types Of Bankruptcy

What Caused Home the Mortgage Market to Go Out of Control? (GoldSeek.com)  The mortgage market used to be a segregated, regional, illiquid and low margin but simple business.read more...


Despite forecasts of a downturn, house construction sets new record  Construction workers kept working through January, allowing them to start 2.3 million new units on a seasonally adjusted annual rate, up 14.5 per cent from December.read more...


Home Mortgage Rates Fell in Latest Week  The average 30-year rate for residential loans dipped to 6.3% a housing-finance agency says. The drop came as the Federal Reserve signaled it might consider ending its campaign to boost


Washington Mutual closing offices, laying off 2,500  Seattle-based Washington Mutual, the nation's largest savings and loan company, says it will cut 2,500 jobs by closing 10 home-loan support offices.read more...


Peoples Bank forms mortgage department (The Mississippi Press)  BILOXI -- The Peoples Bank has formed a full-service Mortgage Loan Department, headed by the former president of Charter Mortgage, announced Chevis C. Swetman, chairman and CEO of the bank.read


Rehab Program Scores Victory  Will your project pay off when you sell? Find out here. House Plan Store Search 15,000 House Plans House style Colonial Contemporary Country Craftsman Early American European Farmhouse French Luxury

August 7th, 2007

Mortgage mess creates bargains (Reuters via Yahoo! News)

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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