Types Of Bankruptcy

Family took a hard road to owning home  The road from Ho Chi Minh City to Champaign-Urbana has not been an easy one for Vinh Nguyen and his family.read more...


Over half the world lives in poverty: study  More than half of the world's people live on less than two dollars a day, with 47 percent of East Asians and 44 percent of Southeast Asians surviving at that


Balloon Payment    ¿ A large, lump-sum payment on a loan, most often due at the end of a payback period, such as five or 10 years. Essentially, these loans do not


LaSalle Bank missing tape of mortgage information (Daily Herald via Yahoo! News)   Presumed lost in the mail, a computer tape with confidential information on 2 million residential mortgages has been missing for about a month, according to LaSalle Bank Corp.'s mortgage


CALENDAR   Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...


About the Data  Banks, credit unions and other mortgage lenders provide the federal government each year with demographic information on who is receiving and being denied home loans.read more...

July 31st, 2008

Cops arrest men in Home Depot credit scam

A Bellerose Village man was arrested Wednesday on identity theft and grand larceny charges after he opened up a fraudulent credit account at a home improvement store and used it to pay for $10,000 worth of …



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July 31st, 2008

Brothers team up in home-improvement business

There’s nothing like a brother you can depend on. Frank and Royce Lloyd have such confidence in each other that they’ll take on nearly any job together.



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July 31st, 2008

Paulson sees growth despite housing ills

The $168 billion government stimulus effort has been a timely support for the economy and will continue to boost growth in the second half of this year, Treasury Secretary Henry Paulson said Thursday.



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July 31st, 2008

Cease and desist order issued against The Mortgage Specialists Inc. (Portsmouth Herald)

The New Hampshire Division of Banks issued a temporary cease and desist order Thursday afternoon to Plaistow-based The Mortgage Specialists Inc.

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July 31st, 2008

Team 4 Update: W. Pa. Homeowners Among Alleged Victims In Mortgage Foreclosure Case (WTAE-TV Pittsburgh)

People who are worried about mortgage foreclosure will do just about anything to save their homes—and federal prosecutors say that’s how an Ohio businessman found so many alleged victims in western Pennsylvania.

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July 31st, 2008

Some, but not all, will benefit from mortgage bailout law (Santa Cruz Sentinel)

WATSONVILLE - Federal legislation signed by the president Thursday aims to bolster the lagging housing market, but whether it will help local homeowners behind on their mortgage payments remains to be seen.

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July 31st, 2008

AMP property fund freeze - ” will it force Reserve Bank’s hand?

AMP Capital New Zealand’s move to suspend redemptions and new applications into one of its property funds has prompted calls for the Reserve Bank to act fast to restore confidence.



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July 31st, 2008

Company accused of mortgage fraud (The Lewiston Sun Journal)

CONCORD, N.H. (AP) – A mortgage company that does business in New Hampshire, Maine and Massachusetts has been accused of fraud in New Hampshire. Mortgage Specialists, Inc., faces $200,000 in fines from New Hampshire banking officials.

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July 31st, 2008

LEHMAN SHOPPING MORTGAGE SECURITIES (New York Post)

In a move similar to what Merrill Lynch has done, Lehman Brothers’ CEO Dick Fuld is trying to shop tens of billions of dollars in mortgage securities on its balance sheet in order to reduce leverage at the embattled investment bank, The Post has…

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July 31st, 2008

As Leaders Line Up On Auto Power, Don’t Leave Out Ethanol

Stuff Crust Pizza Recipe - Selling a Business - Boat Donations - Investment Managers Upstate NY - Calorad 2000