Types Of Bankruptcy

CIT Group closes mortgage unit, cuts 550 jobs (Washington Post)  NEW YORK (Reuters) - CIT Group Inc (CIT.N), the consumer and commercial finance company, said on Tuesday it has closed its mortgage lending operations, resulting in the loss of 550


Progressive in action  Carrboro has been dubbed progressive for many well-documented reasons, from the success of Weaver Street Market to the town's prolific art scene and Cat's Cradle nightclub, a national music industry


Mortgage Rates Up  Washington, DC -- Mortgage rates have risen over the past week. Freddie Mac says the average for 30 year fixed-rate mortgages is at 6.12%. That's up from 6.10% last week.read


Proposal Clarifies Language for Zoning Cases  read more...


Mortgage Rates Hit 11-Week High (WSB-TV 2 Atlanta)  The average rate for a 30-year mortgage begins to creep up as the industry faces uncertain times.read more...


Morgan Stanley's earnings leap 60%  Morgan Stanley posted a 60 percent jump in quarterly earnings Wednesday, setting new records and beating expectations on improved trading and banking results.Commentread more...

November 30th, 2007

Big Rebukes On Title Referrals

Rigged appraisals, lax underwriting and toxic loans may dominate the headlines, but they are hardly the only issues causing problems in residential real estate.

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