Lawmakers set new mortgage bankruptcy bill
WASHINGTON (Reuters) - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year.
Read more News Source - Washington Post
Publish date - 14:08:52 01/06/09

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ACM Commercial Mortgage Fund Announces Special 35% Increase to December 2008 Distributions and Reports 52% Fund Growth ...
For the month of December 2008, the ACM Commercial Mortgage Fund provided unitholders with a one-time, extraordinary distribution, representing a 35% increase over the regular monthly distributions.
Read more News Source - CNW Group via Yahoo! Finance
Publish date - 11:58:16 01/06/09

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Fed Begins Purchases Of Mortgage-Backed Securities
(RTTNews) - The Federal Reserve Bank of New York announced Monday that it has begun purchasing fixed-rate mortgage-backed securities guaranteed by government-sponsored enterprises. The details of the purchases will be made available on Thursday, January 8th.
Read more News Source - Nasdaq
Publish date - 15:08:28 01/05/09

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IMS Marks 2008 With Company Growth, Industry Awards and Recognition
HOUSTON----Integrated Mortgage Solutions , a collateral protection resource for the mortgage servicing industry, reported a three-fold increase in revenue in 2008 as well as product expansions and several industry awards.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 13:01:47 01/06/09

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Madoff scandal, SEC role under scrutiny
Two more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi scheme in history.
Read more News Source - AP via Yahoo! News
Publish date - 13:33:23 01/06/09
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Source PPI Independently and Avoid Financial Hardship says Burgesses
Moves to ban the sale of Payment Protection Insurance at the time a mortgage, loan or credit card is taken out should be applauded, not criticised, says PPI lobbyist Sara-Ann Burgess from Burgesses. (PRWeb Jan 6, 2009) Read the full story at http://www.prweb.com/releases/2009/01/prweb1824904.htm
Read more News Source - PRWeb
Publish date - 08:12:16 01/06/09

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Source PPI Independently and Avoid Financial Hardship says Burgesses
Moves to ban the sale of Payment Protection Insurance at the time a mortgage, loan or credit card is taken out should be applauded, not criticised, says PPI lobbyist Sara-Ann Burgess from Burgesses.
Read more News Source - PRWeb via Yahoo! News
Publish date - 09:15:50 01/06/09

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Madoff scandal, SEC role under scrutiny
Two more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi scheme in history. Goldstein, 76, was among the thousands of investors who trusted Wall Street figure Bernard Madoff...
Read more News Source - San Francisco Chronicle
Publish date - 08:38:57 01/06/09

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Consumer bankruptcies surge 33% in 2008
More than 1 million sought protection last year and filings are expected to rise in 2009. U.S. consumer bankruptcy filings jumped nearly 33% in 2008 amid a recession that's expected to keep filings rising into the new year.
Read more News Source - Los Angeles Times
Publish date - 06:03:57 01/06/09

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Tenant protection sought as law expires
MANILA, Philippines -- Two lawmakers at the House of Representatives are leading moves to cushion tenants against exorbitant rent increases after the rent control law has lapsed.
Read more News Source - Philippine Daily Inquirer
Publish date - 04:41:08 01/06/09

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