Types Of Bankruptcy

Coming soon, from a producer near you ...  "The real money's in the DVD market" Success in the subprime mortgage industry helped Eric Arlt pursue a dream of making movies. via Las Vegas Review Journal read more...


SecurityNational Mortgage gains credit-line renewal (Deseret Morning News)  SecurityNational Mortgage Co., a wholly owned subsidiary of Salt Lake-based Security National Financial Corp., announced Monday the renewal of a $250,000 line of credit with Countrywide Warehouse Lending.read more...


U.S. Puts Faith In Fannie, Freddie  In an effort to contain financial turmoil, federal regulators are handing government-sponsored companies an even bigger role in propping up the mortgage market. read more...


August existing home sales fall 0.5 pct  WASHINGTON - The pace of existing home sales fell for a fifth straight month in August, hitting a 6.3 million unit annual rate, according to a report from the National


Woman Charged After Leaving Son in Car  A woman was charged with homicide by child abuse Wednesday in the death of her 15-month-old son, who authorities said was left in a car for nine hours.read more...


Two years in prison for mortgage fraud (The Cincinnati Enquirer)  Troy S. Clements, former operator of a Springdale mortgage firm, was sentenced to 24 months in prison for his role in defrauding mortgage lenders out of $2.3 million.read more...

June 11th, 2008

Thornburg Mortgage posts $3.31 billion loss

Thornburg Mortgage Inc , a specialist in jumbo home loans that nearly went bankrupt in March, on Thursday posted a $3.31 billion first-quarter loss as the value of mortgages and other securities it owns …



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