Types Of Bankruptcy

State lawsuit accuses home improvement contractor of shoddy work  New York Attorney General Eliot Spitzer said Monday he has filed a lawsuit against an Albany, N.Y.-area home improvement contractor for shoddy work and not completing jobs.read more...


Downey Sees Mortgage, Asset Uptick (Orange County Business Journal)  Newport Beach-based Downey Financial Corp. saw its assets grow and mortgage activity pick up in August, reversing a several month decline that began last spring, the savings and loan operator


The Cool Continues: Home Sales Slow  Jan. 25, 2006 -- The National Association of Realtors said that sales of existing homes declined in the month of December.read more...


Pimco Exec Sees Slowdown in Spending  A sharp decline in new and existing U.S. home sales in 2006 will force "a serious slowdown" in consumer spending that will reverberate throughout the global economy, Pimco's managing director


Bankruptcy judge OKs Met Mortgage deal  Attorneys for bankrupt Metropolitan Mortgage and one of its estranged subsidiaries have agreed on how to resolve the subsidiary's objections to Met's proposed reorganization plan.read more...


How to Prepare for Stormy Weather  Q. Wow, that recent thunderstorm sure was a soaker! The water flooded my deck and started to come back toward my house. What can I do to prepare for these

November 15th, 2007

Peru Plans First Mortgage Bond Sale as Investors Shun the Debt (Bloomberg.com)

Nov. 16 (Bloomberg)—Peru, unfazed by the global fallout of the mortgage bond market, will sell the notes to investors for the first time by March on a bet that surging home demand may help overcome investors’ skepticism.

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