Another subprime lender shuts down as mortgage defaults rise (Sun-Sentinel) NEW YORK Mortgage lender SouthStar Funding LLC has closed its doors, the latest victim in the battered subprime lending market, a company executive said Tuesday.
Korea to Get U.S. Mortgage Insurance (donga.com) Genworth Financial, a heavyweight U.S. financial services company, is launching into the Korean mortgage insurance market. As major local insurance firms also get ready to plunge into the market, mortgage
Rebuilding credit after bankruptcy Get a secured credit card, keep your remaining loans current and save, save, save, says Dr. Don.read more...
House project to help in poverty fight Barbadian families are in line for assistance - some for new or renovated homes - under a poverty-fighting initiative involving the "book ship" people and the new office headed by
Subprime mortgage crisis far from over, survivors' conference hears (International Herald Tribune) Delegates heard that the tumbling U.S. housing market would continue to inflict damage, while mortgage-backed securities and collateralized debt obligations containing those securities are falling in price and will not
Canada's banks rake in the billions as profits set record Canada's six biggest banks have set a new benchmark for profitability, smashing their previous full-year earnings record with total net income of $19 billion for 2006.Commentread more...
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