Types Of Bankruptcy

Less is more  Brent Nash is an old hand at renovating west Bend's tiniest houses. The professional interior designer has redone four little rental houses over the years and sold them all for


ECB least, Bank of England most and Federal Reserve sort of interested in intervening in the Mortgage Securities ... (India Daily)  Federal Reserve (Fed) and Bank of England (BOE) may soon move forward in mass purchases of mortgage-backed securities (MBS) in a bid to solve the global credit crisis. European Central


Data flag slowdown in US manufacturing  Manufacturing in the United States grew last month at the slowest pace since June 2003 as factories struggled against the headwinds of declining auto production and a deteriorating housing market.Commentread


Fannie Mae Names New Finance Officers as Part of Overhaul  Fannie Mae said it added nine new officers to its finance division as part of its reorganization plans.via


Housing Starts Rebound in Surprise (Reg Req'd)  Home construction unexpectedly climbed during September, breaking three consecutive declines, but building permits dropped the eighth time in a row.Commentread more...


ASB Bank lowers mortgage lending rates (NZPA via Yahoo!7 Finance)  ASB Bank today lowered some its key fixed mortgage lending rates after wholesale rates plunged yesterday following shock jobs data.read more...

December 4th, 2007

Mortgage fallout felt by GOP (Los Angeles Times)

The White House’s move to deal with the growing foreclosure rate comes amid concerns about the ‘08 elections. The Bush administration’s newly aggressive effort to help people facing foreclosure and shore up the troubled mortgage industry was sparked by growing concerns of an election-year recession, and the political damage that would cause, analysts said Tuesday.

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