Types Of Bankruptcy

Mortgage lenders under fire for offering four-and-a-half times salary (Daily Mail)  Mortgage lenders were attacked today for encouraging people to borrow even more money in a desperate bid to buy a new home. Experts urged home-buyers to be cautious and think


Project Creating Industry Space  LANCASTER - Construction has started on a $17 million project to provide industrial space for small businesses.via


Home show kicks off smoothly  With more than 160 exhibitors and plenty of trinkets to give away, the Greater Bristol Home and Business Show opened Friday at Bristol Eastern High School.Commentread more...


City Budget Vote Is Tonight  read more...


Twenty questions for the Chairman  County Commission Chairman Chris Nonnemaker, left, discusses the ordinance in an interview with WCN T news editor Carolyn Mathews, middle, and publisher Will Davis, right.read more...


15 recent arrests in mortgage-fraud case tip of the iceberg (Denver Post)  Golden - Fifteen arrests in a continuing metro mortgage- fraud investigation are "a tip of the iceberg,"read more...

February 26th, 2008

Derivates shell-game leaves mortgages “orphaned” — stop paying your mortgage, keep your house (Addict 3D)

Worried about your mortgage? How about just not paying it? Some banks were so enthusiastic in playing subprime derivatives shell-games that they’ve literally lost the notes on the mortgages they “own,” and can’t prove that deadbeat homeowners owe them any money.

read more…

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