Types Of Bankruptcy

Bush Offers Help to Overwhelmed Mortgage Holders (NPR)  Responding to the growing wave of mortgage foreclosures, President Bush has announced measures that could help some troubled borrowers keep their homes. But only a small fraction of subprime borrowers


Plan to Rein in Mortgage Giants Entangled (AP via Yahoo! News)   A plan for tighter supervision of mortgage giants Fannie Mae and Freddie Mac became entangled in a political dispute in the House Wednesday over whether money to house low-income


H&R Block posts Q3 loss on mortgage woes (Reuters via Yahoo! News)   H&R Block Inc. , the largest U.S. income tax preparer, reported a quarterly net loss on Thursday, weighed down by the subprime mortgage unit it has put up for


'Pick-me-up' for B&B  Much better figures for second half BRADFORD & Bingley predicted it would "comfortably" beat market forecasts today after a strong pick-up in lending in the second half of the year.read


Waking Up To Sleepy Town's Charms    It seems that every other person in Colonial Beach is from Northern Virginia or the District. They have flocked to the riverside town on Virginia's Northern Neck in search


Habitat for Humanity receives large donation  A big gift will help an organization build homes for people who need them. The New Home Construction Center in Caledonia will donate more than $20,000 of products or services

October 28th, 2007

Home Buyers Can Learn From Others’ Mortgage Mistakes (HispanicBusiness.com)

What a real estate boom it was. How little guidance people received when taking out a mortgage. That’s how I see it and I’m glad Congress is working on ways to make lenders and brokers and investors accountable for making loans that were never, ever going to be repaid.

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