Types Of Bankruptcy

HBOS sees moderate drop in consumer credit quality  HBOS expects only a moderate deterioration in credit quality among consumers, it said on Wednesday as the UK's largest mortgage lender reported a 15 per cent rise in interim profits


Woman Arrested In Fraud Scheme  read more...


Housing program wins funds  Funding for a popular program that helped hundreds of low-income families purchase city homes has been reinstated with a $500,000 state grant.read more...


Builder thinks big where small is the norm (Reg Req'd)  When sisters Vanessa and Adrianne Richardson began searching for a house two years ago, they turned to Fort Worth's Como neighborhood, a familiar community where their father grew up, where


Why Lock Your Mortgage Rates  You may lock your mortgage rates for many reasons. The most important of it is to get a great deal when it comes to paying interest.read more...


North American stocks slide on U.S. inflation data, Thai market tumble  Stock markets retreated Tuesday as U.S. wholesale inflation surged in November while investors absorbed news of a plunge of almost 15 per cent in Thailand's stock market after the imposition

August 17th, 2007

Fed reacts to mortgage crisis with rate cut (Rocky Mountain News)

The Federal Reserve lowered the interest rate it charges banks and acknowledged for the first time Friday that an extraordinary policy shift is needed to contain the subprime-mortgage collapse that began roiling the world’s financial markets two months ago.

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