Types Of Bankruptcy

Wall St firms subpoenaed by NY prosecutors: WSJ  "We always cooperate with regulators when asked to do so." New York state prosecutors have sent subpoenas to Wall Street firms seeking information related to the packaging and selling


Sentry Select Capital Corp. Closes Offering for Sentry Select FIDAC U.S. Mortgage Trust (Business Wire via Yahoo! Finance)   Sentry Select Capital Corp. is pleased to announce that Sentry Select FIDAC U.S. Mortgage Trust , a closed-end investment trust established under the laws of the province of Ontario,


Banks perk up offerings  Banks perk up offerings Financial institutions providing more incentives to get larger share of customers' financial holdings.via


Mortgage fraud blamed in more foreclosures (Las Vegas Sun)  An increase in home foreclosures in the local housing market is revealing a growing number of mortgage fraud cases.read more...


Study finds that rich retirees are the main losers from inflation  How would distribution of wealth change if the United States were to enter a period of inflation? A study from the December issue of the Journal of Political Economy finds


Automotive paint co. shows future trends  Lorene Boettcher, PPG's manager of global design and color marketing, talks about color swatches at the companies Troy, Mich., office Wednesday, Oct.read more...

February 22nd, 2008

GMAC loans $635M to its mortgage unit (Detroit News)

GMAC LLC, the lender partially owned by General Motors Corp., agreed to loan as much as $750 million to its residential mortgage unit as it seeks to sell a business that finances vacation resorts.

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