Types Of Bankruptcy

Gasoline fuels inflation to 1.7 per cent in April, from 1.4 per cent in March  Higher gasoline prices and fewer auto sales incentives jump-started Canadian inflation in April, as the price of goods and services was 1.7 per cent higher than a year earlier.read more...


House Passes Mortgage Relief Bill (The Morning News)  WASHINGTON -- The House last week responded to the nation's mortgage crisis by passing a package of bills that aim to rescue homeowners facing foreclosure while stimulating real estate markets.read


Tax panel targets mortgage deductions (Sun-Sentinel)  If you consider your house to be a tax shelter and take glee in watching your mortgage interest deduction reduce the amount of money you owe Uncle Sam each year,


Canadian banks agree to waive war clause for soldiers' mortgage insurance (Canada.com)  HALIFAX (CP) - The Canadian Bankers Association says financial institutions it represents have all agreed to waive an exclusion clause that's caused mortgage problems for widows of soldiers killed in


U.S. Mortgage Applications Rise  U.S. mortgage applications last week rose 1.2 percent from the previous seven-day period and mortgage rates also moved up, a private group reported Wednesday.read more...


UBS's Rohner Says Mortgage Market May Stabilize, DRS Reports (Bloomberg.com)  April 20 (Bloomberg) -- UBS AG Chief Executive Officer Marcel Rohner said the market for U.S. subprime mortgage-related securities may stabilize within half a year after some paper started trading

May 5th, 2008

Rep. Frank wants answers on jumbo loan inaction

Democrat Barney Frank of Massachusetts said today that the House Financial Services Committee that he chairs will hold a May 21 hearing to try to find out why so-called jumbo mortgages remain difficult to get … via Boston Herald



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