Types Of Bankruptcy

Using Scents When Decorating  The ability to create the perfect atmosphere in your home can be as easy as lighting a candle, or placing a bowl of potpourri on your dresser.read more...


Costello wary of budget pressure on inflation  "Since 1998 more than 300,000 people have been turned away from TAFE and since 2001 almost 150,000 eligible applicants have been turned away from our universities" Treasurer Peter Costello


Mortgage rates edge up for second week  "Stronger-than-expected inflation reports and retail sales for November put upward pressure on long-term interest rates last week" Mortgage rates edged up for a second straight week and 30-year loans


Construction company breaks ground at casino site  DeLong-Keith Construction broke ground, yesterday, at the future site of the Riverside casino, east of Highway 218 on Highway 22.read more...


Ind.: HSBC to Cut 600 Mortgage Jobs (AP via Yahoo! Finance)   Banking giant HSBC will close next year a central Indiana finance office that employs 600 people because of declining mortgage business.read more...


Foreclosure Filings Increase, But Default Notices Drop 9%  Foreclosure filings jumped 94% from a year earlier in October, but foreclosure activity in general appears to have 'leveled off,' RealtyTrac says. read more...

January 15th, 2008

Mortgage lender IndyMac to cut 24 percent of work force (Addict 3D)

Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to weather the worsening housing slump and problems selling home loans to investors.

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