Types Of Bankruptcy

Countrywide loses $422M on mortgage woes (Sacramento Business Journal)  Countrywide Financial Corp. reported a loss in both its fourth quarter and fiscal year because of further problems in the mortgage industry, the company said Tuesday. (CFC) (BAC)read more...


Weekly mortgage analysis (Bankrate.com via Yahoo! Finance)   Each Thursday, Bankrate publishes a survey of large lenders in the top 10 markets to get a national snapshot of where mortgage rates stand today. The exclusive look at


Protect your belongings with renters insurance policy  News reports of home and apartment fires often include tragic stories of renters who have lost everything because they weren't insured.Commentread more...


Annuity Buyers Beware  Ican't recall precisely when I got my first message, and I have no idea how I got on this particular e-mail distribution list.via


State Mortgage Brokers Call For Mortgage Reform   The Alabama Mortgage Brokers Association has announced a plan that it says will help restore public trust through mortgage reform. via WVTM-TV Birmingham read more...


Survey finds mortgage crisis is hurting other sectors (bizjournals.com via Yahoo! Finance)   A survey released Wednesday finds that fallout from the mortgage sector is spilling over into the broader economy, impacting companies across industries and their ability to collect payments.read more...

January 26th, 2008

New tax breaks help homeowners struggling with mortgage payments (Savannah Morning News)

WASHINGTON - In a year of bad mortgage news, there’s a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage insurance payments may be tax-deductible.

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