Types Of Bankruptcy

Beazer board investigating, too   The audit committee of the Beazer Homes USA board of directors has launched a review of the company's mortgage origination business, the company disclosed Thursday in a securities filing.Federal


Mortgage crisis may spread (Lancaster Online)  Michelle Weaver's phone started ringing a few days after 800 families learned their finances had been fried by the collapse of mortgage broker Wesley A. Snyder.It hasn't stopped.Weaver, of Manheim


Gramercy Gains 50% Grasp on Ex-AT&T...  BRIDGEWATER, NJ-Gramercy Capital Corp. has acquired a 49.75% equity interest, with a .25% interest to be acquired later, in 55 Corporate Dr., a three-building, 670,000-sf office campus here.read more...


Flipping Down, Foreclosures Up; Housing Slump Spurs Job Losses  In this week's survey of news from across the Web, we highlight hard-hit segments of the real-estate market, 'air condos' in the Seattle area and one university town where residential


Mortgage non-payer keeps home (BBC News)  A man who did not pay his mortgage for 15 years is told by a judge he will never have to repay the debt.read more...


DA: Contractors owe day laborers  Nassau County District Attorney Denis Dillon on Thursday charged three home-improvement contractors with not paying owed wages to day laborers, apparently the first criminal prosecution of such cases on Long

July 1st, 2008

Eagan mortgage firm owner admits to $1.8 million in fraud (Minneapolis-St. Paul Star Tribune)

An Eagan mortgage company owner pleaded guilty to defrauding several financial institutions out of about $1.8 million and using some of the money to buy homes and “support a lavish lifestyle.”

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