Types Of Bankruptcy

Bids for GE's Aussie mortgage unit due next week-source (Reuters via Yahoo! Singapore News)  SYDNEY, Aug 8 (Reuters) - Indicative bids for General Electric Co's potential sale of its Australian mortgage business are due next week, but bankers do not expect a stampede


Personal finance: With low rates, long-term investments not practical  When the Federal Reserve's Open Market Committee last met, it raised short-term interest rates another quarter-point, to 3.25 percent - and the markets yawned.via


Need to sell your home? Get help from a St. Joseph statue  In these trying times, selling your house takes an act of God. If you believe those words, you might be ready to meet St.read more...


This Lakeland House Is All Glass and Light  read more...


City contemplates selling Bakersfield Airpark  The housing market is hot and development pressure is heavy, and that has the City of Bakersfield looking at selling a piece of its farm and the Bakersfield Airpark.read more...


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

August 12th, 2007

UPDATE: Fannie, Freddie Stocks Fall After Mortgage Plea Rejected (Nasdaq)

WASHINGTON (Dow Jones)—Shares of mortgage-finance giants Fannie Mae and Freddie Mac fell Monday morning following a decision on Friday by the companies’ regulator to reject Fannie’s request to buy more home loans to prop up the sagging mortgage market.

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