Types Of Bankruptcy

Insurance hinders New Orleans recovery  Nervous insurers are steering clear of hurricane-hit New Orleans, posing new problems as people here try to rebuild or relocate.read more...


Home Builders Mothball Homes To Avoid Selling at a Loss  As the glut of unsold home remains high and housing demand slides, Lennar Corp. and others in the industry are deciding not to sell until market conditions improve.


Bankruptcy filings up in Iowa  Tough economic times, including mortgage troubles, are sending bankruptcy filings up in Iowa.read more...


Young first-time buyers rely on 'bank of mum and dad'  Published: 19/10/2006 - 09:07:06 AM Send to a friend Photo: Johnny Green PA Spiralling living costs has led to young first-time buyers relying on "the bank of mum and dad"


Home park resident hopeful of city help  Aside from the dead rats and bags of broken glass thrown in her yard and on her porch, Julia Gully is pleased with the progress of her campaign for more


Mortgage woes seen holding US growth below trend (Washington Post)  SAN FRANCISCO (Reuters) - A credit crunch stemming from turmoil in the subprime mortgage market will trigger further weakness in housing and keep U.S. economic growth "below trend" most of

January 31st, 2008

Countrywide merger criticized, BoA names mortgage exec (Reuters via Yahoo! News)

Bank of America Corp on Thursday said Countrywide Financial Corp’s second- highest ranking executive will run its mortgage business, and a large Countrywide investor said it opposes the bank’s roughly $4.4 billion purchase of the nation’s largest mortgage lender.

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