Types Of Bankruptcy

Witness details alleged mortgage fraud during Katheryn Shields' trial (The Kansas City Star)  Day one of testimony in the Katheryn Shields mortgage-fraud trial brought the first of seven convicted co-defendants to the stand Tuesday to explain how the alleged scheme operated.read more...


A 'bonus' mortgage to tempt traders (International Herald Tribune)  Barclays, the British bank, said Wednesday that it would offer a new mortgage to lure London traders and brokers who planned to spend their bonuses on real estate.read more...


Earnings Jump at Pulte Homes  Markets : Real Estate Third-quarter profit soared at Pulte Homes , blowing past analysts' estimates, as revenue jumped from a year earlier.read more...


Construction Bank sells 960 mln yuan-worth mortgage assets (People's Daily)  China Construction Bank announced Friday it has sold a mortgage assets portfolio with a book value of 960 million yuan (120 million U.S. dollars) to a French bank and asset


Horizonline regs being refined  The Planning and Zoning Commission Tuesday night continued the tedious task of refining the language in its proposed Horizonline regulations.via


Problems with Elevators and Stairs  read more...

February 5th, 2008

IAC Posts Loss Amid Mortgage Woes (NYTimes.com via Yahoo! Finance)

The company reported a loss of $369.9 million in its fourth quarter, citing higher taxes, difficulty in its mortgage referral unit and costs for proposed spinoffs that would make five companies out of one. .

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