Types Of Bankruptcy

For Sale By Owner  Realtors will argue that only a professional can get you a good price and guide you through the intricacies of closing.read more...


Ballooning payments mean dangers lurk for interest-only loans  OAKLAND, Calif. - Rachael Herron's new condo will assure her financial salvation, unless it provokes her ruin.via


HUD opens new dialogue on mortgage reform  The U.S. Housing and Urban Development Department is relaunching its effort to reform outdated rules under which mortgages are issued and home transactions are closed.via


Mortgage Applications Rise for First Time in 3 Weeks (Fox News)  Mortgage applications rose last week for the first time in three weeks.read more...


Alt-A mortgage lenders feeling market's pinch (The News Journal)  NEW YORK -- Turmoil in the mortgage market is ensnaring more companies who lend to people with decent credit.read more...


Mortgage Bankers Form Industry Think Tank to Plan for Future  The Mortgage Bankers Association , a Washington D.C.-based industry trade group, said Monday it will form a think tank of industry professionals to study the future of the mortgage lending

January 14th, 2008

Sovereign to book $1.6 billion in 4th-quarter charges

“Conditions will be very difficult for banks in 2008”

Sovereign Bancorp Inc. said Monday that it expects to take $1.6 billion in charges for the fourth quarter, as customers defaulted on loans and its investment in a New York thrift yielded lower-than-expected … via Times Leader



read more…

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Couldn't find your convert utility. Check that you have ImageMagick installed.