Types Of Bankruptcy

Americas Watchdog Blasts The US Congress for Not Requiring Banks & Mortgage Bankers To Disclose A Huge Mortgage ... (PRWeb via Yahoo! News)   As Congress considers mortgage reform, Americas Watchdog and its National Mortgage Complaint Center are demanding that mortgage bankers and banks be required by Congress to disclose a huge mortgage


Mortgage interest rate again down slightly (Globes Online)  The linked mortgage rate has fallen 0.09% since the beginning of February.read more...


Mortgage rates dip for third consecutive week (Sioux City Journal)  WASHINGTON (AP) -- Mortgage rates around the country dipped for a third week in a row, pushing 30-year mortgages to their lowest level since April. Mortgage giant Freddie Mac said


IRS Targets Down-Payment-Assistance Scams; Seller-Funded Programs Do Not Qualify As Tax Exempt  ' Organizations that provide seller-funded down-payment assistance to home buyers do not qualify as tax-exempt charities, the Internal Revenue Service said in a ruling released today.read more...


Vernon center is likely delayed  VERNON , The community center, scheduled to open in September, may be going back to the drawing board after each of the bids for construction were significantly higher than the


Pension Fund Might Back Up Mortgage Loans, Says Putin  It is quite possible to draw on the Federal Pension Fund for house mortgage crediting, provided guarantees are made to protect the fund's money, President Vladimir Putin said to today's

November 5th, 2007

Troubled Citigroup Names New Head of Subprime Mortgage Group (HispanicBusiness.com)

NEW YORK - Citigroup Inc, the largest U.S. bank, has created an new unit to manage its subprime mortgage assets after reporting massive writedowns over the weekend, and named a proven crisis manager, Richard Stuckey, as its head.

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