Types Of Bankruptcy

House prices 'are 65% too high'  "As this report shows, the UK has one the fastest growing economies in the G7 this year, and is forecast to grow faster next year than any other major European


FTC Targets Home-Listing Limits, Aims to Open Real-Estate Data  As part of a broader push by antitrust regulators to promote competition among real-estate brokers, the Federal Trade Commission is cracking down on rules that prevent data about some homes


Supervisory practices that work  Many building service companies find it effective to combine employee incentive programs with the self-directed work team concept.read more...


Albany Chamber ready to burn mortgage (Albany Democrat-Herald)  Albany Area Chamber of Commerce members will celebrate paying off a $100,000 mortgage four years ahead of schedule with a party from 4 to 6 p.m. Tuesday at the chamber


Rates on 30-year mortgages hit lowest point in 4 months  Rates on 30-year mortgages fell this week, for the eighth time in the past nine weeks, and hit the lowest level in four months, according to an industry report.via


Home Loan Approval Rate Slips  Mortgage approvals for home purchases fell 6% in July. However, that was at a much slower rate than in previous months.read more...

February 4th, 2008

GMAC Posts $724 Million Loss as Mortgage Loans Sour (Update4) (Bloomberg.com)

Feb. 5 (Bloomberg)—GMAC LLC, the auto and mortgage lending company 49 percent owned by General Motors Corp., posted a $724 million fourth-quarter loss as bad loans in the U.S. rose to a record.

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