Types Of Bankruptcy

Property derivatives game to aid UK market  The initiative, which is being spearheaded by Hermes, the investment fund, is intended to give investors, property companies and investment banks the chance to gain practical experience in trading derivatives


Mirvac Freezes Mortgage Funds on $227 Million Impaired Loans (Bloomberg.com)  Aug. 1 (Bloomberg) -- Mirvac Group , an Australian real estate investment trust, stopped redemptions for three mortgage funds holding more than A$243 million ($227 million), as investors seek to


Housing in short supply in Williston  WILLISTON, N.D. Housing is hard to find in Williston, North Dakota, these days. Real estate agents say it's partly because of an increase in oil development in the area --


Bernanke to become 14th Fed chair  Ben Bernanke will succeed the retiring Alan Greenspan as head of the Federal Reserve at the end of this month, becoming the 14th chairman since Congress created the central bank


New job, old 401(k)  If you're satisfied with the plan, there's no hurry to move your money, Dr. Don says.via


Lenders' profitability still fragile: BOK  Despite a significant turnaround in profitability, domestic banks' profit structure is still shaky as hefty profits they made this year were driven mainly by non-operating incomes such as one-time gains

June 15th, 2005

Mortgage applications jump as refis surge (MSNBC)

Applications for U.S. home mortgages increased last week, boosted by record setting purchasing and surging refinancing activity even as mortgage rates rose, an industry group said on Wednesday.

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