Types Of Bankruptcy

Kimberly-Clark carves out niche business for do-it-yourselfers  Better known for disposable diapers, Kimberly-Clark Corp. is cashing in on the craze for home makeover projects by adapting some of its paper and plastic products to the weekend do-it-yourselfer.


Woman's mortgage piles debt upon debt (Akron Beacon Journal)  To understand what some homeowners in mortgage trouble face, talk to Barbara Fongheiser. She's 60 years old and works two jobs, earning about $30,000 a year.read more...


With New Limits, New Reasons To Question Mortgage Costs (Washington Post)  A seemingly arcane policy change by mortgage investor Freddie Mac sheds new light on issues of much broader concern for consumers: Do you really understand where the money flows --


Fannie Mae, Freddie Mac facing reform  Although houses have never been more expensive than today, home sales surged to an all-time record this summer and more than 50 million American families are expected to purchase homes


Mortgage of the week (Mortgage Introducer)  The Halifax is offering a fixed rate deal until 30 September 2009, at a rate of 5.39 per cent, reverting to the standard variable rate for the remaining term of


Mailbox: Condo Coercions, Short Shrift on Short Sales and Testing the Bath   My mailbox has been full of comments on recent columns about life in homeowners associations, uncertainty with short sales and deciding how much money to invest in a bathroom. read more...

December 31st, 2007

Nov. mortgage defaults hit high (Daily Press)

Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group. Defaults, defined as loans 60 or more days late, rose in November to more than 61,000 industrywide, up 35 percent from the same month a year earlier, according to the Mortgage Insurance Companies of America. It was the highest monthly number since May 1999, when …

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