Types Of Bankruptcy

Bankruptcy change takes bite out of banks' earnings  A surge in consumer bankruptcies and a flattening yield curve took a bite out of fourth-quarter earnings at some of the nation's largest banks, and some of them stepped up


House prices fall in April for the first time in six years, experts...   Comments Falling house prices could escalate into a crash if the mortgage crisis is not halted, a report warns today. via Daily Mail read more...


HOUSTON MORTGAGE MONITOR (Houston Chronicle)   INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on


Ford's Vail Retreat Listed at $14.9 Million  The Vail, Colo., ski retreat that President Gerald Ford owned for about a quarter century is on the market for $14.9 million…Just-retired NFL star Michael Strahan paid between $1.5 and


On a roll  The power of design has muscled in on almost every conceivable corner of home decor from furniture and flatware to coat hooks and candles.read more...


Inflation concerns push mortgage rates higher (bizjournals.com via Yahoo! Finance)   Mortgage rates remain relatively low, but they've been rising in recent months, a trend that continued this week.read more...

August 8th, 2007

Impac Says It Expects to Weather U.S. Mortgage Slump (Update3) (Bloomberg.com)

Aug. 8 (Bloomberg)—Impac Mortgage Holdings Inc., the mortgage provider that stopped making loans to people with good credit who can’t document their incomes, said it expects to weather a slump in demand that has pushed at least a dozen rivals into bankruptcy.

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