Types Of Bankruptcy

Deal reached to help many Countrywide mortgage customers (The Desert Sun)  Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from


China's Bank Of Communications To Auction Mortgage Assets (Asia Pulse via Yahoo! Australia & NZ News)  The Bank of Communications in China will put 1.2 billion yuan (about US$150 million) of mortgage assets on auction in 30 Chinese cities from mid August, according to an official


Projects can go wrong in a hurry, builders warn  Guevara estimates that he has saved $200,000 by serving as his own contractor while building this Delaware County house.Commentread more...


House prices post biggest fall since 1993  "We expect house prices to fall 7 percent in 2008 and 9 percent in 2009" House prices took their steepest annual fall in 15 years in April, data from


For Mortgage Seekers, It's Back to the Basics (Washington Post)  An abrupt shift back to the basics of mortgage lending has many house hunters nervous because several once-popular types of loans are disappearing.read more...


Q&a / Vicente Wolf, interior designer: 'Know what turns you on'  Vicente Wolf has made his world-renown name in interior design through a simplicity-driven aesthetic.read more...

March 11th, 2008

Credit market tightens

“The market is reinventing itself daily”

The loan you qualify for on Monday might be out of reach on Tuesday. Bankers and lenders are rapidly changing their requirements as home sales and prices plummet and delinquencies and defaults rise. via Journal Gazette



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