News For The Day

With the financial markets up in the air every day and the housing market uncertain which way it will move, staying on top of the latest news is critical…

Bankruptcy court approves sale of HomeBanc mortgages to Countrywide
CNBC - WASHINGTON - Countrywide Financial Corp. is set to buy $128 million of mortgages from failed lender HomeBanc Corp. and take over leases at five of its offices in the South. The U.S. Bankruptcy Court in Wilmington, Del., approved the agreement between

Exit from bankruptcy could get tougher
Chicago Tribune - WASHINGTON Companies trying to emerge from Chapter 11 protection by the end of this year, including Chicago-based Bally Total Fitness Holding Corp., might have trouble securing financing, as credit-market woes extend into the niche arena of

TransLand to Continue Operations
MSN MoneyCentral - ORLANDO, Fla. (AP) - Residential construction lender TransLand Financial Services Inc. was granted permission Monday evening by a bankruptcy court to continue business operations, the company said. The ruling allows TransLand to continue processing

Hillary Clinton Campaign Donates Fugitive Contributor’s Money to
FOX News - Hsu’s lawyer, Lawrence Barcella, said Hsu doesn’t remember ever making a deal with authorities, but he does recall a legal case that was part of a settlement with creditors when he went through bankruptcy. Barcella submitted a statement from his