Types Of Bankruptcy

Sen. Dodd Tied To Special Countrywide Loans  Senate Banking Committee Chairman Christopher Dodd reportedly received two mortgages under a special Countrywide Financial Corp. program that gave preferential interest rates to "friends" of the company's chairman. A spokesman


Why a Reverse Mortgage May Not Stall Foreclosure  This type of home loan may help you out if you can't meet your payments, but there are also other ways to work with your bank if you face financial


Capital One and the mortgage domino effect (CNN Money)  Capital One's shuttered GreenPoint Mortgage is the latest mortgage banking explosion to bump Wall Street's panic meter up a notch, and industry insiders say it is just another indicator that


Easing interest-rate fears spark home-builder rally  Shares of home-building stocks traded sharply higher Wednesday as investors reacted to comments from Thomas Hoening, Kansas City Federal Reserve president, who said interest rates are "very close" to where


Russia's National Reserve Bank to open mortgage bank in 2007 (Russian Information Agency Novosti)  MOSCOW, September 26 (RIA Novosti) - National Reserve Bank, one of Russia's leading financial institutions, said Tuesday it was planning to open a specialized mortgage bank with charter capital of


Roy Lichtenstein and The Donor Wall  The December 2006 issue of "Palm Springs Life" magazine has an article entitled "How to Buy Art" that contains "Tips from The Experts." One tip is to "Get your interior

August 31st, 2007

Ameriquest closes, Citigroup buys mortgage assets (Washington Post)

NEW YORK (Reuters) – Ameriquest Mortgage Co, the largest U.S. subprime lender as recently as 2005, is closing, the latest home loan provider to shut down amid the nation’s housing market slump.

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