Types Of Bankruptcy

Jonathan Lansner (Reg Req'd)  Orange County housing: long-term review Here's a look at how key yardsticks for the Orange County housing market have fared as an average of month figures from the past 12


Massachusetts shuts 7 mortgage firms  Massachusetts bank regulators closed seven mortgage firms for allegedly operating without licenses and inflating consumer incomes on loan forms.read more...


Industrial park in Visalia aims at small businesses  An industrial park in Visalia aimed at new, small businesses is using a model for construction that has been used in residential home construction for years.read more...


Former Bradford woman in need of kidney transplant  "I'm trying to make the right decision, but its almost impossible to do" Lisa Ramer is afraid she could soon be homeless. The 48-year-old former Bradford resident is renting


Visiting the Normal Fork  I was convinced long ago what a special area the North Fork is. Four summers renting a house in Peconic and countless visits to the area before and since did


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...

December 6th, 2007

‘Piggyback’ Loans Allowed by Freddie Fed Mortgage Risks (Washington Post)

For a glimpse of the risks that infected the mortgage business in recent years, consider a small slice of what happened at Freddie Mac, the giant home-loan investor chartered by the government to bring stability to the housing market.

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