Mortgage lender drops eviction suit (UPI)
CHICAGO, Oct. 10 (UPI)—A mortgage lender Friday said it was dropping a lawsuit in Cook County, Ill., seeking to force a sheriff to begin evictions on foreclosed homes.
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Peloton to Liquidate ABS Fund After Mortgage Losses (Update4) (Bloomberg.com) Feb. 28 (Bloomberg) -- Peloton Partners LLP, the London- based hedge-fund firm run by former Goldman Sachs Group Inc. partners, is liquidating its ABS Fund after ``severe'' losses on mortgage-backed
IndyMac scraps IPO plan for reverse-mortgage unit (Market Watch) NEW YORK (MarketWatch) -- IndyMac Bancorp on Wednesday said it'll pay $40 million to the chief executive of its reverse-mortgage unit, Financial Freedom, as it ruled out an initial public
Woman relies on community for support Maria Fortuna's life has been a roller coaster of emotions and events since she suffered a major seizure and was diagnosed in January 2005 with a meningioma tumor of the
Sneak peek: The Coyle home When Mike and Marianne Coyle decided to update their Jeffersonville, Ind., home, they knew that they wanted functional and fun.read more...
Futures slip after mortgage lender defaults (Reuters via Yahoo! News) U.S. stock futures dipped on Thursday as the financial sector was hit by yet another blow with news of a default at Thornburg Mortgage Inc , but stronger-than-expected sales
Why the market's going nuts / Panic spreads: Mortgage problems infect Wall Street and stocks around the world (San Francisco Chronicle) The great mortgage crisis of the summer of 2007 has slopped over into nearly every nook and cranny of the financial markets, laying low stocks that until a month ago