Types Of Bankruptcy

Don't Fight Physics   Retaining walls can be constructed with many materials: wood, poured concrete, concrete block, decorative stackable concrete block and others. The science and engineering of retaining walls is complex, so do


Mortgage Applications Fall to Year's Low (Fox News)  Mortgage applications slid to this year's low as demand for loans to purchase homes fell last week to the lowest level since November 2003 despite a drop in interest rates.read


Less-Than-Zero- Savings?  During the past three years, the principal engine of economic growth in the U.S. has been the surge in amount of money people have been taking out of their homes,


Subprime Woes story  In a Feb. 23 story about the subprime mortgage industry, The Associated Press reported erroneously that Novastar Financial Inc.Commentread more...


Survey finds mortgage crisis is hurting other sectors (bizjournals.com via Yahoo! Finance)   A survey released Wednesday finds that fallout from the mortgage sector is spilling over into the broader economy, impacting companies across industries and their ability to collect payments.read more...


This Fund Is Making a Bundle  read more...

March 9th, 2008

FBI Reportedly Investigating Countrywide’s Role in Mortgage Meltdown (KRON 4 Bay Area)

LOS ANGELES (AP) – Media reports say federal authorities are investigating Countrywide Financial Corporation for securities fraud. The Wall Street Journal says the FBI is in the early stages of an inquiry into whether company officials misrepresented Countrywide’s financial position and the quality of its mortgage loans.

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