Types Of Bankruptcy

Getting a Mortgage with Bad Credit (Derby Daily Reporter)  (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the


BOA profits up 10 percent on lending (Reg Req'd)  Bank of America Corp., the second- largest U.S. bank, said quarterly profit climbed 10 percent as consumers and businesses borrowed more.read more...


Video Available: Silverado Financial Acquires Core One Mortgage, Inc. (PrimeZone via Yahoo! Finance)   Silverado Financial, Incorporated, , a rapidly expanding mortgage bank focused on non-prime borrowers, announced today that it has acquired Core One Mortgage Inc., a Chicago-based sub-prime mortgage broker and


Get a bed of roses  "A bedroom has to be seductive" Is your bed a wallflower or a boudoir star? Ironically, the piece of furniture we lean on the most -- physically and emotionally


Mortgage rates won't fall soon (Newsday)  Don't expect mortgage rates to fall now that the Federal Reserve has cut interest rates, though they may drift downward over time.read more...


ECONOMIC REPORT: Mortgage Applications Jump In Latest Week (Nasdaq)  WASHINGTON (Dow Jones) -- The volume of mortgage applications at major U.S. banks rose sharply last week, the Mortgage Bankers Association reported Wednesday.read more...

November 5th, 2007

Banks tighten mortgage, commercial standards: Fed

“Conditions for subprime borrowers have the potential to get worse before they get better”

Large banks reported tighter credit standards on nearly all types of loans in the past three months, taking a particularly cautious view of prime and “nontraditional” home mortgages, a Federal Reserve survey … via Reuters



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