Types Of Bankruptcy

GHB offering new mortgage programme (Bangkok Post - Thailand's English news)  The Government Savings Bank will introduce a new home mortgage product offering interest rates of just 3.5% for the first year and 5% for the second under a programme to


Mortgage loss alert sparks fall for MBIA (FT.com via Yahoo! News)   Shares of specialist bond insurer MBIA (NYSE:MBI) plunged by nearly 16 per cent on Wednesday after ratings agency Moody's suggested losses on mortgage securities could put the company's triple-A


GMAC mortgage unit to cut 3,000 jobs (Reuters via Yahoo! News)   Residential Capital LLC, the mortgage unit of GMAC Financial Services, said on Wednesday it will eliminate 3,000 jobs, or 25 percent of its work force, to cope with the


New-home sales set record pace  Sales of new homes soared to an all-time high in June as the red-hot housing market kept sizzling.read more...


Traffic Watch  read more...


Housing affects short-term durables spending-BoE  Britons are two to three times more likely to buy durable goods when they move home, suggesting big changes in housing turnover could alter the outlook for spending, a Bank

February 22nd, 2008

For Every Timeshare Promise, Plenty of Unanswered Questions

Q: On a recent vacation in the Caribbean, we were approached by a young woman who wanted us to buy into a vacation home’s ownership.

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