Types Of Bankruptcy

Commonwealth Bank Agm a ticker tape of good news  Commonwealth Bank, on the verge of becoming the first Bahamian financial institution to top the billion-dollar mark in assets, has reported its eighth consecutive year of record profits.via


Mortgage equity withdrawal falls (Reuters.co.uk)  The Bank of England said mortgage equity withdrawal (MEW) was down to 8.3 billion pounds in the third quarter from an upwardly revised 10 billion in the second quarter.


MacKay Building face-lift is on track -- really (Reg Req'd)  It has stood empty, blighting the eastern edge of downtown and marring Anchorage's cityscape for two decades.read more...


Lawsuit Seeks to Deflate The Puffery in Appraisals    When an appraiser hired by your mortgage company confirms that the house you are buying is worth what you're paying, that's reassuring. read more...


In Defense of Freakonomics  I usually find myself in agreement with the analysis provided on a whole host of topics by the inimitable Arnold Kling.via


At Mortgage Banks, `Going Concerns,' Going, Gone: Jonathan Weil (Bloomberg.com)  Aug. 15 (Bloomberg) -- You think your job is tough? Think about the poor schlimazels from Deloitte & Touche LLP who blessed the books at American Home Mortgage Investment Corp.,

December 11th, 2007

Banks see higher losses on mortgage, credit turmoil (Market Watch)

NEW YORK (MarketWatch)—Some of the nation’s largest banks on Wednesday warned of higher losses in the fourth quarter as the turmoil in the credit and mortgage markets continues to weigh on the financials sector

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