Types Of Bankruptcy

Home loan applications rise  U.S. mortgage applications increased last week, driven by a brisk rise in demand for loans to purchase homes even as interest rates rose to 16-month highs, an industry group's figures


Lenders cut mortgage rates after base rate cut (Reuters.co.uk)  LONDON (Reuters) - Halifax, Britain's largest mortgage lender, said on Thursday it was cutting its variable mortgage rate by 25 basis points to 6.5 percent.read more...


Home prices sink at record clip; foreclosures keep mounting  "The slope is one direction. There is no sign of a bottom." In a bad omen for sellers and lenders this spring home selling season, the erosion of house


Bank of America--Countrywide deal would create mega-mortgage firm (BizJournals)  Bank of America's planned acquisition of Countrywide Financial Corp. likely would create a home mortgage company in Wichita that would dwarf all others.read more...


Old jail getting a makeover  It used to be that when Harrison County Courthouse staff unlocked the vacant jail building in downtown Corydon, they would shove open the door and step back.read more...


Refinancing at higher mortgage rates can make sense (NorthJersey.com)  This bit of data arrived via e-mail from the Mortgage Bankers Association: Despite the upward drift in mortgage rates, refinancings continue to account for more than a third of all

May 6th, 2008

Georgia family puts face on mortgage crisis (Atlanta Journal-Constitution)

Washington ? Facing criticism from a Georgia family and senators of both parties, a Countrywide Financial Corp. executive said Tuesday that the company had a new plan to keep mortgage processing errors from harming homeowners.

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