Types Of Bankruptcy

Mortgage bill wounded, still alive (The Oregonian)  A scaled-back mortgage reform proposal limped through the Oregon House on Thursday, and today it's headed for battle in the Senate. Mortgage industry lobbyists, who've pushed hard for months to


Block's mortgage unit will lay off 63 in Jacksonville (The Business Journal of Kansas City)  H&R Block Inc.'s mortgage subsidiary will lay off 63 workers at its Jacksonville, Fla., office as the parent company phases out the subsidiary.read more...


U.S. Home Prices to Drop More Than First Forecast This Year, Realtors Say   U.S. home price declines this year are going to be steeper than earlier forecast because of the drop in subprime mortgage lending and the adoption of stricter loan standards,


As Housing Drops, Rents Increase at Rapid Rate  The part of the population that would normally be purchasing housing is holding off in the face of stagnant or declining housing prices is putting pressure on the rental market


Automatic Cleaner Has Lost Its Way  Q. My automatic pool cleaner is 4 years old and not running around like it used to. Sometimes it gets stuck in the corner of the pool by the steps;


Stocks Close Higher After Uneasy Session   Wall Street finished higher in an uneasy session Monday as retail and homebuilders stocks rose on expectations for more interest rate cuts, but banks and insurers fell on worries

March 11th, 2008

Bernanke Seeks to Avert Deeper Slump by Accepting Mortgage Debt (Bloomberg.com)

March 12 (Bloomberg)—Federal Reserve Chairman Ben S. Bernanke ’s latest attempt to alleviate seized-up credit markets marks his most direct effort yet to repair the mortgage meltdown that poses the biggest threat to the economy.

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