Types Of Bankruptcy

School system: Property still viable, valuable  HICKORY - Much of the old St. Stephens Elementary School burned down over the weekend.via


Financing home improvements in retirement  It probably would be better to do a cash-out refinance on your first mortgage, says Dr. Don.read more...


Subprime mortgage shakeout claims another fund (Market Watch)  SAN FRANCISCO (MarketWatch) -- Caliber Global Investment Ltd., a London-listed fund that controlled almost $1 billion of mortgage assets, said on Thursday that it's shutting down after turmoil in the


Capital One slashes 1,900 jobs, closes wholesale mortgage unit (The Record)  Capital One Financial Corp. on Monday said it will cut 1,900 jobs and shutter its wholesale mortgage banking business, a move that comes as lenders continue to struggle in the


Should man prepay mortgage, or car loan?  Deciding which of two loans to pay down first is tricky business, says Dr. Don Taylor.read more...


Ex-mortgage broker sentenced to 12 years, fined $3.45M (Dayton Daily News)  DAYTON ? A former mortgage broker convicted of 48 felony counts was sentenced Tuesday to 12 years in prison and fined $3.45 million.read more...

May 7th, 2008

Keeping Families Above Water

The latest flash point in the debate over the nation’s bursting housing bubble is this: Since so many American houses are worth less than their mortgages, should the government do more to get lenders to settle for less than the full debt, even if it may cost taxpayers some money?

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