Types Of Bankruptcy

Lowe's Profit Rises 44 Percent; Shares Drop on Cut in 2006 Sales Forecast  Lowe's Cos., the second-largest U.S. home-improvement retailer, said first-quarter profit rose 44 percent on higher sales of appliances and lawnmowers.read more...


UPDATE: Mortgage Borrowers In Turmoil As Lenders Cut Off Riskier Loans (Nasdaq)  CHICAGO (Dow Jones) -- Some nontraditional mortgage loans have vanished from lenders' menus, while others have gotten more expensive during an eventful week for those in the mortgage industry.read more...


Housing starts slow in June  The dip was a 4.3 per cent decline in residential building activity from a month earlier , compared to a 3.5 per cent increase noted in May.read more...


Consult experts, know risks of applying for a reverse mortgage (The News-Press)  A reverse mortgage is an actual equity home loan. It allows you to take some of the equity out of your home and transform it to cash while you remain


Zero gravity awaits  Lompoc High science teacher John Galisky will be in his navy blue flight suit high over San Diego floating weightlessly Friday afternoon as if he were an astronaut in training.read


? Mortgage loans get influences by ethnicity (Turks.US)  The mortgage market has changed a lot over the last decade and this has impacted the level of higher-priced loans in an interesting way.read more...

August 17th, 2007

New Credit Standards Squeeze Buyers

The mortgage credit crunch is not only affecting interest rates that home buyers are quoted, but it is also triggering changes in less visible areas, such as minimum credit scores, location and type of properties, and even controls on who orders credit reports.

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