Types Of Bankruptcy

Apartment REITs and the rental-market rebound  For more than three years, all the talk in real estate has been about the red-hot for-sale housing market.read more...


Freddie to adjust mortgage-purchase threshold (Reuters via Yahoo! News)   Freddie Mac expects to purchase mortgages with significantly higher unpaid principal balances, the U.S. mortgage finance company said in a filing with the Securities and Exchange Commission on Friday.read


Oil Rises to New Intraday Record   "But once they started increasing, they did gather a bit of momentum of their own. I think that's why we ended up seeing oil prices rising as sharply as they


Housing Bear Growls  From BusinessWeek: The Growl of a Housing Bear "John Talbott warned that home prices were ready to fall back in 2003, when he wrote the best-seller The Coming Crash in


Turning an Old Church into a Picture-Perfect Wedding Chapel  Growing up in town of Moon outside Mosinee, the old Seventh Day Adventist Church was home to many memories for Terri Pecha and her brother, Shawn McGowan.read more...


RealEstateJournal.com offers home-selling tips in a cooling real-estate market  After years of soaring real-estate prices, home buyers finally are starting to catch a break, noted RealEstateJournal.com, The Wall Street Journal's guide to property.read more...

January 15th, 2008

2,403 to lose jobs at mortgage lender IndyMac (The Plain Dealer)

Los Angeles- Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, dismissing 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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