Types Of Bankruptcy

Nation's mortgage blues spare Seattle (Seattle Post-Intelligencer)  Americans are finding themselves unable to make their mortgage payments. Those folks share common traits: They've borrowed too much, they've lost their jobs or hold an adjustable rate mortgage. And


Carlyle Group Disrupted by Mortgage Fund's Blowup (Update4) (Bloomberg.com)  March 7 (Bloomberg) -- The collapse of the subprime- mortgage market has disrupted Carlyle Group, the world's second- biggest leveraged-buyout firm by assets.read more...


NRG Energy Has Potential As Takeover Target  Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...read more...


Appraisers say WaMu cut corners to increase its mortgage business (Seattle Times)  Washington Mutual's mortgage woes come as no surprise to Graham Albertini, a real-estate appraiser who worked at WaMu's Bellevue office...read more...


Home Improvement Magazine s Tips on Choosing the Best Closet Businesses   Survey your entire residence for storage space that could be improved with better space planning and organization solutions: walk in closets, bedroom closet, linen closet, coat closet, office cabinetry


New Fraud Laws Help Protect Consumers  A new law to protect consumers now requires businesses to tell people about any security breach that puts personal information at risk.read more...

June 27th, 2005

Pacific Mercantile Bank to Exit the Wholesale Mortgage Banking Business in Order to Concentrate Its Capital and Other (Business Wire via Yahoo! Finance)

Pacific Mercantile Bancorp , today announced that the Board of Directors and management had decided that Pacific Mercantile Bank, its wholly owned banking subsidiary, would exit the wholesale mortgage banking business in order to concentrate its capital and other resources on expanding its successful commercial banking business.

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