Types Of Bankruptcy

Smart strategies after the rate change  The Fed cut rates: Is now the time to buy a car? To go after a home equity line? Lock in a long-term CD?read more...


Mortgage data leaked over file network (AP via Yahoo! News)   Three spreadsheets containing more than 5,000 Social Security numbers and other personal details about customers of ABN Amro Mortgage Group were inadvertently leaked over an online file-sharing network by


Will They, Won't They: Mortgage Market Meltdown And Online Advertising (Forbes)  -- FT has a story that says Internet companies are bracing for a possible fall-off in one of their biggest sources of advertising following the meltdown in the subprime mortgage


30-year mortgage rates inch up to 6.25%  Mortgage company Freddie Mac said 30-year, fixed-rate mortgages averaged 6.25% this week, compared with 6.23% last week.Commentread more...


Annual Fund Honor Roll Gives Some Good Options  read more...


Avoid PMI with lender-paid insurance  You'll probably pay points but it will make the expense tax deductible, Dr. Don says.read more...

June 24th, 2008

Wachovia Set to Evaluate Mortgages Portfolio

Wachovia’s acknowledgment that it has hired Goldman Sachs to study its troubled portfolios of mortgages means it is likely gauging the market value of those loans in order to eventually sell them.

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