Types Of Bankruptcy

Mortgage mess echoes in Congress (Los Angeles Times)  Proposals to revise loan rules and provide more refinancing flexibility await lawmakers when they reconvene today. As mortgage-related turmoil weighs down the U.S. economy, members of Congress


Developers Try to Limit Speculative 'Flipping'    For the past few years, it has been a way to make easy money: Sign a contract to buy a property when it is still nothing more than a


Tips for taming kiddie clutter  "A lot of people are looking at investing in their kids' things now. They're not looking at it as disposable stuff" Danielle Burns watches over her 18-month-old daughter Maren


Banks Move Earlier To Curb Foreclosures  Mortgage lenders are trying new strategies to help bail out borrowers, as the level of delinquencies rises to a five-year high. More lenders are allowing short sales -- in which


Dot-com bust holds lessons for housing  NEW YORK - Federal Reserve Chairman Alan Greenspan sees signs of "froth" in some local housing markets, but says overall the nation doesn't appear to be in a housing bubble


Mortgage group is eyeing Mexico (The Arizona Republic)  IMI Group Inc., an international mortgage lender based in Phoenix, hopes to create a secure lending environment for firms interested in financing real estate deals in Mexico. read more...

November 13th, 2007

HSBC cuts deeper to account for U.S. mortgage woes (Houston Chronicle)

HSBC Holdings PLC will take a $3.4 billion charge against third-quarter profits because of accelerating losses at its HSBC Finance Corp. mortgage business in the United States, the company said today.

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