Posts: 70
Location: Toronto
Posted on: 06-08-07 13:15:14
American Home Mortgage files for bankruptcy
American Home Mortgage joins more than 50 lenders in bankruptcy this year, though with some differences. It is bigger than most of the other lenders to go out of business so far, second in size only to New Century Financial Corp. http://www.msnbc.msn.com/id/20144277/
Bear Stearns hedge funds file for bankruptcy
Two funds were heavily exposed to struggling U.S. mortgage industry http://www.msnbc.msn.com/id/20075984/
Foreclosures rise 58 percent in first half of ’07
Trend shows latest sign of growing problems in the mortgage industry http://www.msnbc.msn.com/id/20041753/
Posted on: 06-08-07 13:15:14
