Types Of Bankruptcy

New home building slows in O'Fallon  New home construction has slowed in O'Fallon, but Shiloh home builders are bucking the national trend and are ahead of last year's pace.read more...


Woman In Mortgage Fraud Pleads Guilty (WHIO-TV 7 Dayton)  BUTLER TOWNSHIP, Ohio -- Authorities said a Butler Township woman pleaded guilty to a scheme to launder money for drug dealers. Police said Kimberly McGuinness worked at American Funding Group


Bankrate: 30-year Fixed Mortgage Rate Jumps To 6.41% (Fox News)  Bankrate: 30-year Fixed Mortgage Rate Jumps To 6.41% read more...


Loose change pays off mortgage on pregnancy center (KBCI Boise)  HANOVER, Pa. Don't tell Michele Arrison that pennies are worthless. Thanks to a four-year campaign to collect loose change, she has paid off the 160-thousand-dollar mortgage on a crisis pregnancy


Lender's cheaper mortgage option may drive up prices  NEW YORK - At least one mortgage bank is making it easier to get cheaper mortgages for more expensive homes and others may soon follow, pumping more money into what


Big, Healthy Deal  The Vista Professional Center Partnership has sold its eponymous medical complex at 3035-3133 Lakeland Hills Blvd. to GE Healthcare REIT LLC for a healthy $5.25 million. The Mahoney Group Inc.,

February 26th, 2008

US mortgage finance firm Fannie Mae posts 2.1 bln loss (AFP via Yahoo! News)

Fannie Mae, a leading US financing provider for mortgages, said Wednesday it swung into a loss of 2.1 billion dollars in 2007 amid a deepening housing downturn and warned of “another tough year.”

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