Types Of Bankruptcy

White House defends takeover of mortgage giants (CNN Money)  Administration says federal backing of mortgage giants could have been prevented if Congress had followed its recommendations.read more...


Distributors and Economists Weigh in on the New Home Building Market  After watching its sales to homebuilders soar over the last five years, Hahn Systems of Indianapolis got a nasty surprise earlier this year.via


Sleazy home improvement scams  "I just happen to be working in your neighborhood" Like most homeowners, you probably spent the winter months talking about the home improvements you'd like to make. via Articles.moneycentral.msn.com


Fed: U.S. Mortgage Loan Demand Down (Fox News)  Demand for new mortgage loans from major U.S. banks dropped in recent months, as lending standards were barely changed, a Federal Reserve survey of bank officers released on Monday found.read


ADV: $160,000 Refinance for $580/Mo - Low APR  Refinance rates just got lower. Get 4 quotes in two minutes. Any credit welcome, no turn downs. Save on your existing mortgage with our low rate refinance plans.via


David Reaume: Alaska may face troubled times (Reg Req'd)  For many years now national economic events have had little effect on the Alaska economy.read more...

August 10th, 2007

Sub-prime crunch ‘manageable’: IMF

“While the situation is still evolving, we continue to believe that the systemic consequences of the reassessment of credit risk that is taking place will be manageable”

The International Monetary Fund said Friday that global financial market turmoil sparked by the troubled US mortgage sector and a related credit crunch should be “manageable.” The multilateral lender said … via Business Report



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