Types Of Bankruptcy

Homeowner Looks to Slash Costs As Teardown Costs Double  Columnist Nancy Keates planned to replace her aging cottage with a custom-built home for about $800,000, but now faces a $1.6 million bill. She examines her expenditures with the hopes


Fitch Ratings downgrades State Mortgage & Investment Bank  Sri Lanka's State Mortgage & Investment Bank was downgraded by Fitch Ratings Lanka to A from A+ on deteriorating asset quality and high exposure to interest rate risks, Fitch said


Community group says Sovereign has poor record on minority loans  PHILADELPHIA - A community group has asked the Federal Reserve Board to force Sovereign Bancorp to hold public hearings on its two acquisition deals, claiming that the thrift has a


Mortgage Mess Curtails Wagoner's Honeymoon (WallStreet Journal via Yahoo! Finance)   GM's stock slide reflects troubles faced by CEO Wagoner, from doubts over the company's mortgage arm to slumping car sales.read more...


Real Estate Weekly -- Nov. 11  THIS WEEK'S REAL ESTATE STORIES The approaching winter has homeowners in most parts of the U.S. on edge.read more...


Red-Hot Real Estate Market Starting To Cool  Massachusetts real estate experts say the red-hot market is cooling in some communities.via

June 20th, 2008

More Than 400 Held in FBI Mortgage Sweep (NPR)

The FBI says it has arrested more than 400 people in the last three months on charges related to mortgage fraud. Agents have arrested real estate agents and others. On Thursday, the FBI arrested two Bear Stearns investment fund managers. NPR’s Dina Temple-Raston and Michelle Norris discuss the arrests.

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