Types Of Bankruptcy

Disasters keep existing home sales strong  Sales of previously owned homes held steady in September at the second-highest level on record as demand was bolstered by hurricane refugees, a real estate trade group said Tuesday.read more...


30-Year Mortgage Rates Jump to 2-Year High (San Francisco Chronicle)  Rates on 30-year mortgages jumped to the highest level in 2 1/2 years this week, driven higher by inflation worries in financial markets. Mortgage giant Freddie Mac reported Thursday that


The Hyperion(R) Strategic Mortgage Income Fund, Inc. Dividend Declaration (Business Wire via Yahoo! Finance)   NEW YORK----Dec. 9, 2005--The Board of Directors of the Hyperion Strategic Mortgage Income Fund, Inc. declared a monthly dividend of $0.090 per share, payable on December 29, 2005 to


Mortgage Industry Insider - Mortgage Litigation from MortgageDaily.com (SYS-CON Media)  A federal appeals court has held an investment banker liable for 'aiding and abetting' a multi-million dollar predatory lending scheme, according to coverage from MortgageDaily.com, the dominant source of online


Homeowner Looks to Slash Costs As Teardown Costs Double  Columnist Nancy Keates planned to replace her aging cottage with a custom-built home for about $800,000, but now faces a $1.6 million bill. She examines her expenditures with the hopes


Lawmakers Now Try to Lower Rates  If cynics don't believe an outcry can change things, they should look at lawmakers' effort to figure out what to do about property insurance. Just last year, the Legislature looked

January 22nd, 2008

Almost 150 Mortgage Companies Were Casualties In 2007 (Nasdaq)

(RTTNews) – As historians look back on 2007, one of the lowlights of the economically complicated year will almost certainly be the mountain of mortgage companies that were forced to declare bankruptcy as part of the vicious fallout from the subprime mortgage crisis.

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