Types Of Bankruptcy

Rivers Edge will add 350 houses to growth area  MURFREESBORO , There's a new 350-home subdivision planned between Kimbro Road and New Salem Highway, the latest addition to this city's fastest-growing area.via


3 Charlotte-area firms dumped data  Three Charlotte-area businesses have agreed to more than $65,000 in fines for illegally dumping files containing customer and employee information, N.C. Attorney General Roy Cooper said today.Commentread more...


Demand for Home Loans Reaches 4-Year Low    In a new sign of the continued deterioration in the housing market, applications for home loans plunged to a four-year low last week. read more...


Want to be rescued from foreclosure? Beware of fraud  Having tried for months to refinance their home and take it out of foreclosure, Alejandro and Martha Balderas thought they finally found their white knight: a mortgage and real-estate investment


SFO lays charges for mortgage frauds (Stuff)  The Serious Fraud Office (SFO) has charged 11 people in Auckland and Christchurch with mortgage fraud and will prosecute next year.read more...


HOUSTON MORTGAGE MONITOR (Houston Chronicle)   read more...

August 19th, 2007

Luminent Mortgage announces bailout (USA Today)

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

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