Types Of Bankruptcy

U.S. Fed expected to strike calming tone  Fed policy makers opened a two-day meeting Tuesday amid mounting concern on Wall Street, Capitol Hill and elsewhere about troubles in the subprime mortgage market.Commentread more...


Sale of Home Depot supply unit in doubt: report   A private equity-led buyout of home-improvement retailer Home Depot Inc's wholesale supply division, due to close on Thursday, could be in trouble because investment banks involved are reluctant to


More Americans Warm Up To Homes in Newfoundland  Buyers from the U.S. and Europe are buying seaside summer houses on Canada's rock-ribbed coast for the price of a used SUV, taking advantage of the area's warming climate and


Real Estate Council Sets Up Useful Website  read more...


Residents warned of mortgage, bank scams (The Maui News)  WAILUKU ? A Maui homeowner reported this week being targeted for a scam in which he was told he owed $9,000 in late payments on his mortgage. After receiving the


FHG Obtains $32M Loan on Three...  TownePlace Suites ROSEMONT, IL-Locally based First Hospitality Group has obtained just under $32.2 million in first-mortgage funding to re-capitalize a three-property portfolio.read more...

April 29th, 2008

Wells Fargo Is Sanctioned For Role in Mortgage Woes

A judge has penalized Wells Fargo & Co., saying it failed to monitor a mortgage-servicing company. It is an instance of blame falling on a portion of the mortgage industry that had largely gone unscathed.

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