Types Of Bankruptcy

Defense witnesses saw no abuse in slavery case   Two Indonesian women could not have been enslaved and tortured by a Muttontown couple, defense attorneys argued Monday, presenting four witnesses who were inside their home at various times


Equity Losses Aren't Felt Evenly   As a homeowner, seller or buyer, what should you make of the Federal Reserve's latest report on Americans' declining home-equity positions? read more...


Seeking an edge to lure employers  Attracting a manufacturer or other business to a community is like trying to sell a house in a buyer's market, except it's even more competitive.Commentread more...


Thu  The utilisation rate of the world's microchip factories rose to 90.1 per cent in July-September from 89.1 per cent in the previous quarter.read more...


Demand Slows for Mortgages And for Consumer Loans  Banks report continuing signs of dwindling interest from borrowers in recent months, but the pace of the slowdown appears to have eased.read more...


Mortgage clampdown to change exotics, probably subprimes (BizJournals)  Major mortgage buyers Fannie Mae and Freddie Mac said they will only buy exotic mortgages processed under stricter new underwriting and disclosure rules.read more...

July 22nd, 2008

HBOS Gains on Speculation BBVA May Bid for U.K. Mortgage Bank (Bloomberg.com)

July 23 (Bloomberg)—HBOS Plc , the U.K.’s biggest mortgage lender, gained as much as 14 percent in London trading on speculation that Spain’s Banco Bilbao Vizcaya Argentaria SA may consider buying the bank.

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