Types Of Bankruptcy

'Habitat' chapter plans big for summer  Habitat for Humanity's local chapter has big plans for its summer season, including building three houses and the opening of the area's first Re-Store. "This is the only store of


Scotia Mortgage Investment Corporation announces dividend on preferred shares, Class A (CNW Group via Yahoo! Finance)   Scotia Mortgage Investment Corporation, a wholly owned subsidiary of Scotiabank, has declared a semi-annual dividend on its preferred shares, Class A . The dividend per share will be $32.85,


Is a Reverse Mortgage Right for You?  A reverse mortgage is a special type of loan that seniors can sometimes get to convert the equity in their homes to cash.read more...


U.S. group lobbies for 'significant...  Consumer groups in the U.S. said Monday they are hopeful the Canadian federal government will force significant changes to what they are calling a "bad deal with Canada." The American


Border restrictions not enough to slow use of illegal labor  By BRADY McCOMBS and THOMAS STAUFFER Arizona Daily Star 16-JUN-06 TUCSON, Ariz. -- All day long, Border Patrol agents head south from their station on West Ajo Way toward the


FBI Says Nevada Primed for Mortgage Fraud (KLAS Las Vegas)  Across the country foreclosure filings were up 65-percent compared to the same time last year. You might say our housing market is primed for mortgage fraud. A new FBI report

January 16th, 2008

Lehman Brothers cuts back mortgage lending further (Market Watch)

Lehman Brothers Holdings Inc. announced it will “substantially” reduce its U.S. residential-mortgage lending, suspending its warehousing operations. The move will result in some 1,300 job cuts at Lehman’s Aurora Loan Services business, which will continue to originate loans directly with consumers and service loans. An approximately $40 million charge is expected from the consolidation. Lehman …

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