May 22, 2012

Groping in the Dark Toward Foreclosure Remedies

Groping in the Dark Toward Foreclosure Remedies Feb. 25, 2010 — Wall Street Journal Mortgage bankers used to spend most of their time at conventions talking to one another. Now, having made too many crazy loans during the housing boom, they spend...(read more)

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]