Types Of Bankruptcy

Bankrate: Mortgage Rates at Three-Month Low (Builder Online)  NEW YORK, Jan. 12 /PRNewswire-FirstCall/ -- Fixed mortgage rates slid for the fifth straight week, falling to a three-month low. The average 30-year fixed rate mortgage dropped from 6.27 percent


Existing Home Sales Down   "Once we get through these disruptions, we'll get a better sense of where the actual market is in late fall as conditions begin to normalize" Sales of existing homes,


Wall Street Rises After Gains Overseas   Wall Street rebounded Tuesday as investors were encouraged by a recovery on world markets and moved to recoup some of the big losses suffered in last week's sharp pullback.Commentread more...


WAVERLY HILLS    BOUNDARIES: Glebe Road to the east, Utah Street to the west, Lee Highway to the north and Interstate 66 to the south. read more...


Retailers' bright colors unlikely to overcome consumers' fright about economy  "The climate out there is frightening" The nation's stores are awash with orange patent leather sandals and coral printed dresses, but gray or black would be a better match


HOUSTON MORTGAGE MONITOR (Houston Chronicle)   INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on

May 5th, 2008

UBS to sell $15 billion in mortgage assets to Blackrock (Market Watch)

ZURICH (MarketWatch)—UBS AG said Tuesday it will sell $15 billion in mortgage assets to U.S.-based asset manager Blackrock Inc. as part of the Swiss bank’s efforts to whittle down its subprime holdings. The assets, mainly Alt-A and subprime mortgage positions, will be put into a new distressed asset fund to be run by Blackrock, UBS Chief Executive Marcel Rohner said during a media call. The …

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