Types Of Bankruptcy

Defaults among U.S. mortgage insurers rose to record in November (Canadian Business)  WASHINGTON - U.S. mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.read more...


Central banks in mortgage crisis talks: report (Reuters via Yahoo! News)   Central banks on both sides of the Atlantic are in talks about the feasibility of mass purchases of mortgage-backed securities in a bid to solve the global credit crisis,


Sun Room & Enclosure Expert  Paradise Sunrooms Products & Services Paradise Sunrooms offer custom designed "All Season Sunrooms," Screen Porches, and Decking.Commentread more...


Ghilanis blocked from building  Further details about a recent Zoning Board of Appeals' decision show members stopped a former official from building a home because he owns too much land to be considered for


36 Percent of Residential Deals Have Title Errors  Title problems were found in 36 percent of residential real estate transactions, up from 25 percent in 2000, the American Land Title Association says.read more...


Bankruptcy talk hits New Century  Several analysts agreed Monday that New Century Financial Corp. , one of the nation's largest subprime mortgage lenders, likely faces liquidation or bankruptcy following revelations that it's under criminal ...Commentread

August 18th, 2007

Leading mortgage lender forced to borrow billions (San Gabriel Valley Tribune)

CALABASAS - Countrywide Financial Corp.’s financial trouble deepened Thursday, forcing the nation’s biggest mortgage lender to tap an $11.5 billion credit line to fund operations.

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