Types Of Bankruptcy

Mortgage refinancing applications increase (Philly.com)  Applications for mortgage refinancing climbed 53.9 percent last week as fixed interest rates continued to fall, the Mortgage Bankers Association reported this morning.read more...


Immediate threat of 7% mortgage rate disappears (Reg Req'd)  Economists believe Fed's monetary policy is too tight You can watch markets for a long time and not see a one-week reversal in psychology -- and reality -- as large


Pulaski Bank Announces Additions to Mortgage Lending Team; Bolsters Strong Position (SYS-CON Media)  Pulaski Bank announced today that four new residential loan officers have joined the bank's St. Louis mortgage team.read more...


Mortgage Tax Breaks (The Post-Standard)  In a year of bad mortgage news, there's a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage insurance payments may be tax-deductible.read more...


Commerce Velocity Solution Facilitates Secondary Market Delivery  Commerce Velocity, a leading provider of Web-based business automation solutions to the mortgage and consumer lending market, today announced the launch of its integrated suite of services for end-to-end ...read


Ledger Reporter to Chat Online Today  BOSTON - Mitt Romney values his family, and when it comes to his presidential campaign, his family members are providing value for him. read more...

September 27th, 2007

Mortgage Meltdown: What Does It Mean? (E-Commerce Times)

As of this writing, the financial markets are in turmoil due to extremely high delinquencies on so-called sub-prime mortgages. These are the mortgages made in the last few years by aggressive mortgage banking companies that were able to “bundle” the risky debts into packages and then sell them to mutual funds and other institutional investors.

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