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Recent Bankruptcy And Mortgage News:
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If you're paying more on your home than what it's actually worth because of a second mortgage or a home equity line of credit, you may be able to stop. A Florida Chapter 13 bankruptcy filing allows homeowners to strip off additional liens on a home that ...
Prime Minister John Key says Wellington businessman Terry Serepisos' bankruptcy is bad news for taxpayers ... However creditors South Canterbury Finance and Equitable Mortgages opposed the request and Justice Gendall told the court
“We are essentially challenging the system of financial malfeasance and social bankruptcy,” Mazen said in a telephone ... from modifying 18,000 mortgages since 2008 to lending nearly $400 million in the first half of 2011 to small businesses.”
Lehman Ali Inc., a non-bankrupt subsidiary of Lehman Brothers Holdings Inc., and Midland Loan Services Inc., the servicer for $825 million of fixed-rate mortgages. For details on the plan, click here for the June 24 Bloomberg bankruptcy report.
I am surprised that the bank has not been more vocal about the Countrywide bankruptcy option, because I believe the bank could use it to get some loss sharing agreements on the mortgages from the U.S. Government since a bankruptcy filing by ...
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