Types Of Bankruptcy

30-year mortgage rates rise (Portsmouth Herald)   WASHINGTON (AP) ? Rates on 30-year mortgages rose to the highest level in seven weeks, breaking above the 6 percent level. Freddie Mac, the mortgage company, reported Thursday that


Banks trying to assist non-customers  Non-customers are encouraged to use a debit card at an ATM and to get cash back when they use a debit card or credit card.read more...


Right to know: Your credit file   You have a right to a free credit report once a year from each of the 'Big Three' nationwide credit reporting companies. via The Cincinnati Enquirer read more...


Understanding the yield curve  It's unusual for it to be as flat as it has been lately.via


Non-residential Building Construction Price Index, second quarter 2005  The composite price index for non-residential building construction reached 132.6 in the second quarter, up 1.7% from the previous quarter and 5.9% higher compared with the second quarter of 2004.read


No cellar is seen for housing slump  Springtime usually means good times in the housing industry, but this year it's threatening to become a grim season of reckoning.Commentread more...

September 29th, 2007

Report: Countrywide CEO unloaded stock amid industry slowdown

“If a guy is changing his plan around, I would think that would send up a red flag. I wouldn’t allow my clients to do it”

Countrywide Financial Corp. Chairman and CEO Angelo Mozilo cashed in $138 million in stock options over the last year, switching his trading plans as the mortgage company went into a tailspin, it was reported … via The Press-Enterprise



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