Types Of Bankruptcy

Dead drug dealer's assets frozen  The assets of an alleged drug dealer, abducted and killed in 1999, have been frozen in the High Court.read more...


New Bill Aimed At Fixing The Mortgage Mess (Central Florida News 13)  Some lawmakers said Florida?s once-booming real estate market could get even worse. That's why they're unveiling a bill to tighten control over the mortgage industry.read more...


Realty Times TV: Roller Coaster Interest Rates Delight Homebuyers  It's been up and down for mortgage interest rates lately, but homebuyers have found interest rates even lower than they expected for this time of year, 5.53 percent for 30-year


UAE: Amlak plans Dh1.8bn mortgage bond (Zawya)  Mortgage lender Amlak Finance will bring the UAE's first authentic, $500 million (Dh1.8 billion) mortgage-backed securitisation to the market this year, in conjunction with the World Bank's International Finance Corporation.read


Ex-Kmart CEO, CFO Face SEC Accusations  The SEC's complaint charges Conaway and McDonald with securities fraud and aiding and abetting securities fraud.read more...


Fitch Upgrades Salomon Bros Mortgage Securities VII CDC Securitization Corp 2003-CDC1 (Business Wire via Yahoo! Finance)   NEW YORK----June 19, 2006--Fitch Ratings upgrades the following classes of Salomon Brothers Mortgage Securities VII, Inc. CDC Securitization Corp., series 2003-CDC1: $14.9 million class D to 'AAA' from 'AA+';

May 25th, 2008

Buffett blames banks for credit crisis

Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, U.S. billionaire investor Warren Buffett told newspaper El Pais in an interview published on Sunday.



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