Types Of Bankruptcy

Sept. foreclosure filings up from 2006  "August was an extraordinarily high month for foreclosure activity, so some falloff was almost predictable" Sept. foreclosure filings up from 2006 By ALEX VEIGA - AP Business Writer LOS


Wachovia Net Drops 10% on Mortgage, Loan Writedowns (Update4) (Bloomberg.com)  Oct. 19 (Bloomberg) -- Wachovia Corp., the fourth-largest U.S. bank, reported its first earnings decline in six years and missed analysts' estimates after a record $1.3 billion of writedowns for


Home builder sentiment sours in March: report  An index of U.S. home builder sentiment fell in March to the lowest in nearly three years in response to rising mortgage rates and softening demand, the National Association of


GMAC Capitalizes New Residential Mortgage Subsidiary; Elects Jacob and Melzer to Board of Directors (PR Newswire via Yahoo! Finance)   General Motors Acceptance Corporation , the financial services subsidiary of General Motors Corporation , announced it has restructured its residential mortgage operations. GMAC transferred ownership of GMAC Mortgage Corporation


Three Simple Ways to Use Solar Power at Home  You can harness the power of the sun in some simple ways that will save you money and help the environment. Remember the good old clothesline? read more...


Islamic-Safe Finance Grows in the West   When Caribou Coffee went public last year, sharp-eyed investors noticed some unusual promises in its prospectus.Commentread more...

May 21st, 2008

California congresswoman’s home threatened with repossession after she fails to pay mortgage (Minneapolis-St. Paul Star Tribune)

SACRAMENTO, Calif. – Rep. Laura Richardson has an unusual perspective on the housing foreclosure bills moving through Congress: One of her own homes was threatened with repossession after she failed to pay the mortgage.

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