Bankruptcy Archives

Jul21
FDIC Involved in Subprime Mortgage Lending
Turns out that the FDIC, the federal government's insurance agency for banks, has done its part in the current subprime mess, contributing to the number of loans that are in foreclosure right now.
Jul15
Subprime Mortgage Lender Shares His Story
In one of the more interesting non-fiction books to come out (at least for people interested in that sort of thing) a former subprime lender shares stories of poor mortgage lending practices and greed Continue Reading
Jul 2
Get Free Foreclosure Listings
A Web site, ForeclosurePoint, is listing foreclosures in 35 state free of charge to registered users. Continue Reading
Jun10
The Housing Market Crisis Moves Up the Economic Ladder
When we think of what we consider "wealthy," we also consider "those people" safe from such mundane worries as foreclosure. Continue Reading
Apr14
Mortgage Lender News: Wachovia Corp (WB) and Subprime Writedowns
Wachovia Corp (WB), the fourth-largest bank in the United States, has become the latest mortgage lender to have problems due to subprime writedowns. Continue Reading
Mar13
Carlyle Capital Mortgage Bond Fund Approaches Collapse
As efforts to reach an agreement regarding debt refinance fail, the Carlyle Capital mortgage bond fund is approaching collapse. Continue Reading
 


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