Types Of Bankruptcy

Mortgage insurer PMI battles housing slump (BizJournals)  The speedy reversal of fortune for those in the mortgage business is apparent at PMI Group Inc., the Walnut Creek mortgage insurer.read more...


Moody's downgrades subprime bonds   NEW YORK - Hours after Standard & Poor's warned it may cut the credit rating of more than $12 billion in bonds backed by risky home loans, another agency


A look back ... a look ahead: Bankrate's Year in Review 2006-2007  This 50-plus story Bankrate guide reviews developments in the personal financial landscape over the past year, how it's expected to play out in 2007 and sage advice on the best


H&R Block Considers Mortgage Unit Sale (AP via Yahoo! Finance)   H&R Block Inc. announced Monday that it is considering a sale of Option One, the tax preparation company's struggling mortgage subsidiary.read more...


Comparing safety and yield for savings  If the account is covered by FDIC you should be safe, says Dr. Don.read more...


Metal Roofing More Expensive but Lasts  read more...

November 18th, 2007

Writedowns on mortgage backed securities, downgrades send markets lower (MSN Money Canada)

TORONTO - More writeoffs of securitized mortgage loans that have gone bad helped drive stock markets lower Monday morning. The Canadian dollar was down 0.89 of a cent to 101.8 cents US after Bank of Canada governor David Dodge raised the possibility of an interest rate cut during the weekend.

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