On the move Kerrville students may be returning to classrooms Aug. 22, but contractors and district maintenance officials have a week less to complete their summer moving chores.read more...
Triad Guaranty Insurance partners with Mortgage Builder (Insurance Business Review) Triad Guaranty has announced that its subsidiary, Triad Guaranty Insurance, has joined with Mortgage Builder Software to offer its various mortgage insurance programs using Mortgage Builders loan origination system.read more...
West's Apartment Dwellers Absorb Big Rent Increases In 2006 A research firm that tracks the cost of renting an apartment says a slump in home sales is continuing to drive up rental costs.Commentread more...
Americans Drowning in Debt Since the last business cycle officially ended in March 2001, the US has experienced an extraordinary boom in private household debt.read more...
Mortgage application volume declines as rates rise (AP via Yahoo! Finance) Mortgage application volume fell by nearly 9 percent last week, as interest rates rose to the highest level in 11 months, according to the Mortgage Bankers Association's weekly application
Foreigners to buy failing SoEs HCM CITY , International financial organisations, foreign investors and foreign companies in Viet Nam will now have the right to buy part or all of poorly-performing State-owned companies, under a
“Now after reading this I’m saying (to small holders) your vote does matter. You need to review the restructuring plan carefully and you need to make a careful decision.”
– A plan to restructure $32-billion worth of asset-backed commercial paper will give both small and large investors equal voting rights in the process – a move that observers say was widely unexpected.
On Monday, the Pan-Canadian Investors Committee for Third-Party Structured ABCP was granted an application at the Ontario Superior Court for bankruptcy protection under the Companies’ Creditors Arrangement Act.
The committee, headed by Toronto lawyer Purdy Crawford, said that CCAA provisions require the plan to be approved by a majority of noteholders at the meeting, no matter the size of their holdings. Read more
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