Types Of Bankruptcy

Countrywide Sept. Mortgage Fundings Drop (Washington Post)  NEW YORK -- Countrywide Financial Corp. said Thursday its mortgage fundings for September fell 44 percent from the same period a year ago, and the mortgage lender is now facing


Court ruling may create loophole in defective home construction cases  A state Supreme Court ruling last week has some area lawyers worried the court has created a loophole that could lead to more property owners building their own homes to


Joe Ruggiero tells interior design basics  This Casa Mexicana-style room includes tables designed by Joe Ruggiero and made by Caperton Furniture Works.read more...


It's never the principle.   It's always the money. Beleaguered deputy premier Tom Rideout will be reimbursing the people of Newfoundland and Labrador for money he received which he wasn't entitled to, according to


Chains see profits in students furnishing dorm rooms  NEW YORK Denim fashions may be all the rage this fall, but Erica Green cares more about dressing up her dorm room than dressing up herself.read more...


Experts: Dropping mortgage rates not always reason to refinance (Midland Reporter-Telegram)   With mortgage rates dropping lower than they have since 2004, home financing applications have increased by more than 16 percent in recent weeks, but lower rates shouldn't necessarily mean

August 14th, 2007

KKR Financial Sells $5.1 Billion in Mortgage Loans (Update2) (Bloomberg.com)

Aug. 15 (Bloomberg)—KKR Financial Holdings LLC shares dropped as much as 39 percent after the firm sold almost half its mortgage loans for a net loss of $40 million and may have more losses as prices fall on bonds linked to U.S. home loans.

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