Newsroom Headlines

  October 18, 2007 Mortgage Lending Spectrum Financial Converts to Chapter 7 Less than two months after filing for chapter 11, Bankruptcy Judge Sarah Sharer Curley approved Spectrum Financial Group

  October 17, 2007 Mortgage Lending Housing Industry Lobbying Against Mortgage-Modification Bankruptcy Bill Much of the housing industry has launched a high-profile assault against a bill that would

  October 16, 2007 Credit Markets Fed Chairman Concerned that Housing Woes Will Slow Growth Federal Reserve Chairman Ben Bernanke warned yesterday that a deepening housing slump probably will be a

  October 15, 2007 Mortgage Lending Congressman to Introduce Bill to Further Regulate Lending Industry House Financial Services Chairman Barney Frank (D-Mass.) is fine-tuning a measure that would

  October 12, 2007 Mortgage Lending Lending Plunges for Countrywide Financial Countrywide Financial Corp. said that total mortgage loans it made or acquired from other lenders in September fell 44

  October 11, 2007 New Alliance Looks to Help Struggling Homeowners Treasury Secretary Henry Paulson and HUD Secretary Alphonso Jack son yesterday announced the creation of a private sector-led

  October 10, 2007 Supreme Court Justices Appear Skeptical of Plaintiffs' Arguments in Corporate Fraud Case A claim by class-action lawyers to hold third parties liable for stock fraud looked

  October 9, 2007 Senate Declines Action on Private Equity Tax Proposal This Year Senate Majority Leader Harry M. Reid (D-Nev.) told private-equity firms in recent weeks that a tax-hike proposal they

  October 5, 2007 Mortgage Lending Homeowner Relief Legislation Advances Two measures looking to provide financial relief for homeowners facing foreclosure or in bankruptcy advanced in the House of

  October 4, 2007 Mortgage Lending House Panel to Consider Legislation Allowing Bankruptcy Courts to Alter Mortgages The House Judiciary Subcommittee on Commercial and Administrative Law today will