Types Of Bankruptcy

From Piles of Stone, a Colorful Addition to the Landscape    BAY SHORE, N.Y. -- In one area of their landscape recycling yard were pile upon pile of mulch, much of it being dyed black, red and brown. In another


Emergis to sell U.S. electronic mortgage data business to Fiserv for $17M Cdn (Canadian Press via Yahoo! News)  TORONTO (CP) - E-commerce firm Emergis Inc. has struck a deal to sell its electronic mortgage data operations in McLean, Va., for about $17 million Cdn in cash, CEO Francois


Mortgage rates at 6% (Pacific Business News)  Most Hawaii lenders kept their mortgage rates at 6 percent this week. A few offered home loans for less.read more...


Homeowners sought for TV show  One of Canada's most popular home decorating shows, Divine Design, is seeking local participants for its fall 2006 season.read more...


Regional manager for FDIC reviews Oregon economy  As it does for many Americans, the Federal Deposit Insurance Corporation helps Oregonians trust the banking system by insuring deposits of as much as $100,000 at many banks and thrift


Wells tiptoes back into wholesale mortgage biz (BizJournals)  A hint of normalcy wafted through the mortgage market recently when Wells Fargo said it was committed to financing loans through third-party channels.read more...

September 27th, 2007

Credit squeeze heightens US housing market woes

“The housing market continues to look very weak and now it is weakening further after looking like it had hit a bit of a plateau”

The ailing US property market got more bad news Tuesday as an industry report showed existing home sales fell 4.3 percent in August and the glut of unsold properties rose further. via Political Gateway



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