Home lender files for bankruptcy
Story date: 2007-08-17 05:18:00
Added on: 2007-08-19 04:35:04
Raleigh News & Observer - The market today has just basically shut down." As the market for mortgage debt suddenly shrinks, people trying to borrow for home purchases or refinance their existing homes are facing tougher terms and stricter standards -- and are much more likely ...
Read more...
Related Stories:
-
Housing market: on the home front, doors slam shut - Times Online
Homeowners and buyers were dealt yet another massive blow yesterday as Britain’s biggest lender effectively shut the door to half the country’s...
2008-10-03 01:38:00 -
What Caused Home Mortgage Market Out of Control?
Safe Haven - Mortgage market used to a segregated, regional, illiquid and low margin but simple ... revolutionary idea called subprime, basically...
2008-02-06 06:53:00 -
Recovery plays (Investors Chronicle)
Warren Buffett once said he'd only ever consider buying a stock that he'd be happy to hold if the market were to...
2009-05-15 07:02:35 -
Pennsylvania housing slowdown to continue in 2008
Philadelphia Inquirer - Lending standards were tightened, making it tougher to get loans. Home buyers who would have qualified for a mortgage...
2007-12-24 09:04:00 -
Mortgage Interest Rates Suddenly Jump - Housing Predictor
Mortgage Interest Rates Suddenly JumpHousing PredictorFirst quarter data from Freddie Mac indicates that house price softness is causing some potential home buyers...
2011-06-16 10:29:03 -
Letters to the Editor Sunday
I recently read that deputy director of the state Environment Protection Division, Kevin Chambers, politely told our state senators and representatives to...
2012-02-04 11:48:04 -
Get ahead by paying off debt - The Province
EDMONTON -- With stock markets volatile and bonds often offering low yields and even money market funds getting frozen, people are finding...
2008-11-17 02:17:00 -
US government throws oil on fire (Asia Times)
Free-market fundamentalists have been operating in denial mode for more than a year, since the US financial sector imploded in a credit...
2008-10-22 07:48:47
