Types Of Bankruptcy

Mortgage Giant Fuels Worries With Its Financial Woes  The wider-than-expected loss posted by Freddie Mac makes clear that the mortgage giant and its rival Fannie Mae have less power to prop up the housing market than politicians hoped.


Apparently, U.S. needs an economic Santa (Reg Req'd)  The U.S. government is acting like a true believer. And well it might. Only largess from Santa can bail it out of manifold difficulties.read more...


American Mortgage Declares Dividend (AP via Yahoo! Finance)   American Mortgage Acceptance Co. said Thursday it declared a dividend of 22.5 cents per share for the third quarter of 2007, payable on Nov. 14 to shareholders of record


Downtown Project Gets Six More Townhouses  read more...


Long-term mortgage rates at highest since June 2004 (CBS Market Watch)  CHICAGO (MarketWatch) -- Long-term fixed mortgage rates rose for an eighth consecutive week to their highest level in nearly 1 1/2 years, according to Freddie Mac's weekly survey released Thursday.read


Contractor quits Butler prison job  "In construction, whether it's building your home, building a house or building a jail, the owner has one primary obligation and that is to make timely and complete payments"

June 3rd, 2008

MetLife unit buys First Horizon mortgage business (AP via Yahoo! Finance)

A subsidiary of MetLife Inc. on Wednesday said it will buy the residential mortgage business of a unit of First Horizon National Corp., including more than 230 retail and wholesale offices nationwide.

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