Types Of Bankruptcy

The art of public persuasion  Some years ago, Sr. Gabriel Garcia Marquez, the 1982 Nobel Laureate for Literature, remarked that much of what appears in his works is not fantasy, but are indeed events which


Malaysia's Landmarks Holders May Get Shangri-La Shares  Shareholders of Landmarks Bhd. may eventually receive some or all of the Malaysian property company's 27% stake in Shangri-La Hotels Bhd., a senior Landmarks executive said recently.read more...


Best-case toll for floating bridge: $6  Tolls on the state Route 520 bridge between Seattle and Bellevue would have to be twice as high as the $3 toll on the Tacoma Narrows Bridge if tolls were


Real Estate Adviser: Seller's paying so get your own agent  Don't think you'll save any money by not using an agent to represent you when purchasing a home. It likely will cost you more than money, says Steve McLinden.via


Reynolds will lead HomeStar Solutions  Scott Reynolds is vice president of HomeStar Solutions, a new unit of Cumberland Bank Mortgage that offers nontraditional loan products.via


As housing goes bust, lenders turn predators?  CONGRESS is gearing up for hearings on predatory lending, the latest chapter in its long history of barn-door-closings on already-departed horses.Commentread more...

June 10th, 2008

Some Buy a New Home to Bail on the Old

In markets hit hardest by falling home prices and rising foreclosures, borrowers with good credit buy a new home—often at a much lower price—then bail out of the “upside down” mortgage on their first home. But walking away from a mortgage has plenty of drawbacks and Fannie plans to toughen rules.

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