Newsroom Headlines

  June 3, 2008 Sharper Image Under Fire over Gift Card Policy A customer of Sharper Image Corp. is seeking to lift the automatic stay on litigation against the beleaguered home gadgetry store in order

  June 2, 2008 House Hearing to Examine Legislation to Protect Employees and Retirees in Business Bankruptcies The House Judiciary Subcommittee on Commercial and Administrative Law will hold a hearing

  May 30, 2008 Study Finds Disparities in Mortgage Fees A study prepared for the Department of Housing and Urban Development and the Urban Institute showed that minorities and people without college

  May 28, 2008 Investors Press Lenders on Bad Loans Investors of subprime mortgages, home-equity loans and other real estate loans are trying to force banks and mortgage companies to repurchase a

  May 27, 2008 California City Files Bankruptcy The city of Vallejo, Calif., filed for chapter 9 protection on Friday, nearly two weeks after the City Council voted unanimously to enter bankruptcy

  May 23, 2008 House Chairman Continues Push for Higher Loan Limits for Fannie Mae and Freddie Mac Already looking ahead to conference negotiations with the Senate, House Financial Services Chairman

  May 22, 2008 Congressional Hearings Examine Housing Proposals Two House committees will look at the issues of targeting federal aid to neighborhoods distressed by the subprime mortgage crisis and

n  May 21, 2008 Movie Gallery Emerges from Bankruptcy Protection Movie Gallery Inc. said yesterday that it had concluded its chapter 11 restructuring and successfully emerged from bankruptcy

  May 20, 2008 Senators Reach Agreement on Housing Aid Top Senate Banking Committee members reached an agreement yesterday on legislation that would provide new oversight to mortgage giants Fannie Mae

  May 19, 2008 Mortgage Lending Mortgage Lenders Network Looks for Extension to Negotiate Reorganization Plan Mortgage Lenders Network USA Inc. says its needs more time to negotiate a chapter 11 plan