Types Of Bankruptcy

People & Changes  read more...


Home, sweet home: Shell of former self  MJWritestuff@aol.com Family Album appears Sundays. Melissa Jarvis, a South Jersey native, is the author of the upcoming book, 'Welcome to the Motherhood: Grime & Punishment,' published by Medford Press.read more...


Existing Home Sales Rise, Prices Fall   Sales of existing homes posted a tiny increase in October, the first gain in eight months, but the median price of homes sold last month fell by a record amount.Commentread


Committee to vote on mortgage reform bill (Market Watch)  A bill aiming to beef up mortgage lending and borrowing practices as well as curtail predatory lending is scheduled to go before a House committee on Tuesday in its first


Summit Financial Group To Close Or Sell Mortgage Unit (Leesburg Today)  A month after Summit Financial Group, parent company of Loudoun National Bank, posted a 24 percent drop in third quarter income because of losses in its mortgage banking business, the


Subprime Turmoil Is `Severe But Contained,' Freddie Mac's Bitsberger Says   Freddie Mac Treasurer Timothy Bitsberger said the subprime mortgage slump that has contributed to the worst housing market since the Great Depression is ``severe but contained.'' Subprime borrowers, people

February 13th, 2008

Morgan Stanley cuts 1,000 mortgage jobs (Washington Post)

NEW YORK (Reuters) – Morgan Stanley (MS.N) will slash 1,000 jobs, scale back its U.S. home-lending business and shut down a British mortgage unit as new management takes a hard look at the continued deterioration in mortgage markets.

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