Types Of Bankruptcy

Rent vs buy calculations  There's an interesting debate going on in the comments section of yesterday's housing post about the relative costs of buying and renting a house.Commentread more...


Today's Markets -GM downer for Dow  Stocks fell in a volatile session Tuesday, with a sharp decline in General Motors Corp.read more...


Katrina flight means boom for Baton Rouge newspaper  As the streets of Baton Rouge swell with thousands of people displaced by Hurricane Katrina, so too have the fortunes of the capital city's newspaper, The Advocate.read more...


Real estate sales drop in nearly half of states  Brought to you by Existing-home sales, including single-family and condo, were at the third-highest pace on record in the fourth quarter of 2005, the National Association of Realtors reported today


Good Deeds Everyday actions that inspire us  Five years ago, my husband and I decided to move overseas with our four children to serve the poor in Kenya.read more...


House bill curbs Fannie, Freddie  The U.S. House will likely pass a bill today strengthening oversight of Fannie Mae and Freddie Mac in response to more than $15 billion in accounting errors at the mortgage

August 20th, 2007

Capital One to close mortgage unit (USA Today)

Capital One Financial said Monday it will close its wholesale mortgage unit due to woes in the secondary mortgage markets, resulting in $860 million in charges in 2007.

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