Types Of Bankruptcy

Thornburg Mortgage (TMA) to Take $1.1B Loss on Mortgages (Schaeffers Research)  This morning, Thornburg Mortgage (TMA) reported that it now expects its third-quarter loss on mortgages sold to be %241.1 billion, compared to its previous estimate of %24863 million...( Read More


Mortgage Suit Says ?Trust Us? Led to Fraud (New York Times)  Dozens of Virginians were victims of one of the largest mortgage frauds in U.S. history, a lawsuit says.read more...


NC House backs Gov.'s mortgage foreclosure plan (AP via Yahoo! Finance)   Subprime mortgage holders struggling to make their payments would receive assistance from the state to get more favorable terms in a plan that advanced through the North Carolina House.read


Indoor trends to mirror view from outside  With all the glitter of the holiday season in storage, Southerners turn toward spring, warmth and renewal.Commentread more...


Cricenti's closing in Hillsborough (Reg Req'd)  The Hillsborough store at 15 Antrim Road will shut down once all merchandise and fixtures are sold, the company said.read more...


IPTV Online THIS OLD HOUSE  In this episode, host Kevin O'Connor meets with general contractor Tom Silva and plumbing and heating expert Richard Tretheway as the house is hooked up to a fuel source-natural gas.read

January 9th, 2008

US mortgage lender ‘won’t hurt’ Aussie banks (ABC via Yahoo!7 News)

Analysts say Australian banks are unlikely to be badly hurt by their exposure to a troubled mortgage lender in the United States.

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