Types Of Bankruptcy

Panel's tax plan would change a favored deduction  A President Bush-appointed tax reform panel has proposed axing one of the sacred cows of America's homeownership class - the ability to deduct mortgage interest payments from income taxes -


Jersey City woman charged in home improv...  A Jersey City woman has been charged with unlawfully selling home improvements to a property owner without first registering with the New Jersey Division of Consumer Affairs, officials said today.read


Greensboro, North Carolina: Summerfield: Quiet living becoming a thing of the past  Years ago, Bill North imagined he would spend part of his retirement relaxing under the majestic oak tree in front of the family business, watching farmers harvest tobacco in the


DO-IT-YOURSELF    Q Our basement is infested with crickets. For years, they have resisted our efforts to control them with sprays. We are considering trying an ultrasonic device because we do


Foes Predict Disaster If Tax Amendment Passes  read more...


Housing Boom May End Quietly  Unlike stock prices, the housing market cannot collapse in a few days. People can dump their stocks almost instantly, but it often takes months to sell a house.read more...

August 19th, 2007

Luminent Mortgage announces bailout (Reuters via Yahoo! News)

Luminent Mortgage Capital Inc , which has struggled with liquidity problems because of mortgage investments, on Monday announced a bailout in which it would sell a majority stake in itself at a deep discount.

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