Types Of Bankruptcy

Mortgage customers 'wasting thousands' (ITN via Yahoo! UK & Ireland News)  Britons coming to the end of a mortgage deal are collectively wasting £20 million a month by failing to switch to a better rate..read more...


GMAC Mortgage Unit Gets $60 Billion Financing Package (New York Times)  The financing package aimed to improve the liquidity of its struggling subsidiary, mortgage lender Residential Capital.read more...


First Trust/FIDAC Mortgage Income Fund Declares Initial Monthly Distribution of $0.1042 Per Share (Business Wire via Yahoo! Finance)   First Trust/FIDAC Mortgage Income Fund today declared the Fund's regularly scheduled monthly distribution, payable on August 15, 2005 to shareholders of record as of August 3, 2005.via


Homeownership Is Effect, Not Cause Of Prosperity  From the Boston-based organization United for a Fair Economy , Foreclosed: State of the Dream 2008 a paper that strangely mixes up of cause and effect: Homeownership is central to


California Mortgage Loans Directory (Rebuz)  Specializes in home equity loans and bad credit loans. Doesn't lend money directly to borrowers, but works with mortgage brokers / mortgage lenders across the country to make California home


Mortgage giant stumbles (Toronto Star)  NEW YORK?Wells Fargo & Co., the No. 2 U.S. mortgage lender, said yesterday fourth-quarter profit fell 38 per cent ? the first decline in more than six years ? as

August 15th, 2007

Subprime mortgage woes infect commercial paper market (Market Watch)

SAN FRANCISCO (MarketWatch)—Subprime mortgage problems have spread across so much of the credit market that they’ve begun to cause disruptions in the commercial paper market, which provides a lot of the short-term fuel that keeps corporate America running.

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