Types Of Bankruptcy

ARM wrestling with your mortgage  Herb Clausen is sitting pretty. His car is paid off, and his credit-card debt is as low as it's ever been.read more...


Home Buyer Flips Property Near Microsoft Campus  A retail-manager-turned-real-estate investor purchases a small house in a Seattle suburb, rehabs it, and turns it around in six months for a 27% gain.read more...


National City Scales Back Mortgage Lines (AP via Yahoo! Finance)   National City Corp. said Thursday it is laying off 1,300 workers to shrink the bank's struggling mortgage business. The Cleveland-based bank said scaling back its home lending businesses and


Was the Mortgage a Mistake? (Washington Post)  Two years ago, my wife and I sat at a long conference table in a mortgage-title office in Bethesda. Sitting next to us: our real estate agent, who drew up


Wall has courthouse divided  Good fences may make good neighbors, but a wall in the courthouse has caused division between the offices.read more...


Mortgage is a blessing and a curse (The Kansas City Star)   Mortgage debt is good debt. But why are so many homebuyers having such a bad time with borrowing?read more...

February 5th, 2008

Housing Slump Puts New Homes on a Diet

In this week’s survey of news from across the Web Open House looks at how the housing downturn is limiting choices for new-home buyers, companies that prep foreclosed houses for resale, and homeowners always looking to move.





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