Types Of Bankruptcy

More troubles reported for beleaguered mortgage firm  A troubled Middletown-based mortgage lender plans to lay off more workers this week and has lost a contract to collect mortgage payments for a large corporation.Commentread more...


CML Says UK's Mortgage Lending Declined In March (INO News)  (RTTNews) - UK's number of loans for house purchase declined to 46,500 in March, down 1% from 47,200 in February and 48% from 89,000 in the previous year, the Council


Community Groups Urge Regulators to Act on Predatory Mortgage Lending (PR Newswire via Yahoo! Finance)   The Federal Reserve Board of Governors is convening a hearing June 16 in San Francisco on home mortgage lending abuses. And there are major problems to be addressed in


Galveston Still Not Ready For Residents to Return  But for all the little signs of recovery in this barrier island community thrashed by Hurricane Ike nearly a week ago, Galveston just "isn't ready" for residents to return.read more...


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


Norwegian breaks into apartment, rents it  An enterprising if unscrupulous Norwegian found a way to turn a tidy profit on Oslo real estate by renting out a nice apartment in a popular part of town.via

October 14th, 2007

Mortgage setbacks slow Citigroup profit to 2.4 bln dlrs (AFP via Yahoo! News)

Mortgage woes and big loan write-downs took a dramatic toll on Citigroup’s third quarter profits, but America’s largest banking group on Monday still reported a net profit of 2.4 billion dollars.

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