Types Of Bankruptcy

Market Mover When do the Bank Scandals Start?  The Comptroller of the Currency of the United States and the U.S. Treasury Department have my permission to give a big holiday gift to all Americans: a thorough investigation of


AmEx Makes Room on Its Cards For Down Payments on Condos  American Express is expected to announce that it will allow some customers to charge condominium costs. For condo buyers, the deal will allow them to earn reward points or frequent-flier


Home sales fall statewide; Detroit resists downward trend  It was tough to sell a home last year in Michigan. Sales of existing single-family homes were down nearly 14 percent from Jan.Commentread more...


Home Sales, Mortgage Applications Feel Holiday Lull (BusinessWeek Online via Yahoo! News)   Mortgage application activity faltered last week as rates edged up and holiday duties rose to the tops of priority lists, according to a report issued Wednesday by the Mortgage


US$ undervalued, global economic risks up, says Rato  "There are risks financial turbulence persists, and its impact on the real economy is greater, for instance a recession in the US, which is not what we expect at the


Obama: Reappraise Wall Street Values   "We certainly do not face a test of the magnitude that Roosevelt's generation did, but we are tested still" Democratic presidential candidate Barack Obama told Wall Street investors Monday

August 28th, 2007

Forecasting the depth of America’s mortgage woes (The Arizona Republic)

A lack of public records and the large number of nonbank lenders in the U.S. make it difficult for investors, policy-makers to get their arms around the size of the mortgage problem.{l} Reagor’s real estate blog

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