Types Of Bankruptcy

Report: Criminal Records in Florida Mortgage Industry  Florida's chief financial officer is calling for the state's top mortgage regulator to step down after a newspaper report found that thousands of people with criminal records were allowed to


Burdening Your Retirement With A Mortgage (Investopedia)  One of retirement's great promises is the thrill of kissing that monthly mortgage payment goodbye. But don't start puckering up just yet. Lately, there has been a shift in thinking


Greenspan repeats call to rein in Fannie, Freddie  Federal Reserve Chairman Alan Greenspan issued a fresh call on Thursday for Congress to limit the multibillion-dollar holdings of the mortgage giants Fannie Mae and Freddie Mac, warning that their


Father was in charge, Wolford son testifies  Father was in charge, Wolford son testifies Witnesses say the elder business partner was responsible for filings in the home deals.read more...


Housing woes cut 1Q bank profits by nearly half  Federal Deposit Insurance Corp. data show that Citigroup Inc., Bank of America Corp.read more...


Talks Halted Over Seattle Property  A proposed $7 billion downtown Seattle project became the latest major urban development to be blocked by the credit crisis and a faltering economy. The Clise family is temporarily pulling

September 2nd, 2007

Shares bounce back on US moves

“I think that we’ve got over the nerves of the subprime business. “With interest rate reductions on the 18th of September in the US in line, I think it is all green flags for the next couple of months.”

THE share market bounced early today after US President George Bush and US Federal Reserve Chairman Ben Bernanke reassured US investors they would work to rectify recent market troubles. via News.com.au



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