Types Of Bankruptcy

Greenspan warns that history 'has not dealt kindly' with unfounded financial optimism  Federal Reserve Chairman Alan Greenspan on Friday cautioned Americans against thinking the value of their homes and other investments will only go higher, saying "history has not dealt kindly" with


OpSource Partners With Jamcracker to Speed Adoption of SaaS Model;...  OpSource and Jamcracker are helping to drive awareness of SaaS best practices and educating the market by presenting the first in a series of breakfast seminars, hosted by Silicon Valley


Governor, 4 big lenders agree on plan to stall high mortgage rates (San Francisco Chronicle)  Four major subprime lenders promised to give a break to California homeowners who cannot afford escalating mortgage payments, under a plan announced Tuesday by the lenders and Gov. Arnold Schwarzenegger.


Passing the Sniff Test    Olga Lukianova loved the location, the look and the price of the cute bungalow she and her husband spotted while shopping for a new home -- until she swung


Don't wait to sell your home  "Home sales are rising - buyers are buying!" Perhaps you've thought about selling your present home, but have put off that decision, thinking that now is not a good


County spurns new flood proposals  Houses being built on Snohomish County's flood plains won't be required to have extra-tall foundations as a flood-proofing measure, the County Council decided Wednesday.read more...

August 21st, 2007

Bank profits slide amid mortgage defaults (MSNBC)

Surging mortgage defaults whacked U.S. banks and thrifts in the second quarter. Profits fell 3.4 percent to $36.7 billion, and reserves to cover loan losses soared 75 percent from a year ago, regulators aid Wednesday.

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