Types Of Bankruptcy

Northern Rock to halve mortgage book, cut 2,000 jobs (Reuters via Yahoo! Malaysia News)  LONDON - British bank Northern Rock said it will cut about one third of its workforce and shrink its mortgage lending by half as it aims to repay billions of


Bold, warm colors  If you want to know the color trends in home decor, check out the car lots. "Look at the new cars and see what colors are prominent ... it flows


Mortgage market tightens for all (The Myrtle Beach Sun News)   1/83/8 The slowing flow of money for mortgage loans is starting to affect people with good jobs and good credit. Mortgage lenders are tightening standards as


Fed actions may aid homeowners  The Fed's recent actions to improve the flow of money will help banks, but offer limited benefits for homeowners and homebuyers.read more...


Banks turn backs on mortgage industry (San Jose Mercury News)  For the mortgage industry, Wall Street's big investment banks might seem like one of those friends who disappear when the going gets tough.read more...


Current Issue Index  What's New Recration: A kit to turn your bicycle into a moped. The Goods: Golf balls, laser-guided scissors and bass-kicking earbuds.read more...

June 30th, 2005

For novices, investing in foreclosures is a crapshoot

The allure of foreclosed properties to a would-be real estate investor is nearly irresistible, but the dream of instant, safe, trouble-free wealth often turns out to be like most things that sound too good to …

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