Sun Capital's Mark IV Files for Bankruptcy Protection - Bloomberg

April 30, 2009 by Google Inc.  
Filed under Foreclosure, bankruptcy

Sun Capital's Mark IV Files for Bankruptcy Protection
Bloomberg - Jonathan KeehnerDawn McCarty
By Jonathan Keehner and Dawn McCarty April 30 (Bloomberg) — Mark IV Industries Inc., an auto- parts maker owned by private equity firm Sun Capital Partners Inc., sought protection from creditors, at least the fifth bankruptcy filing by a US supplier

US Senate rejects easing mortgages in bankruptcy - Reuters

April 30, 2009 by Google Inc.  
Filed under Foreclosure


Michigan Messenger
US Senate rejects easing mortgages in bankruptcy
Reuters
By Patrick Rucker WASHINGTON (Reuters) - The US Senate on Thursday rejected an amendment that would have given bankruptcy judges the power to ease a homeowner's monthly payments and prevent foreclosure. Supporters of what was known as the 'cramdown'
House backs credit-card measure; Senate defeats foreclosure plan Finance and Commerce
Senate kills modified-mortgage provision for those facing foreclosure MinnPost.com
No bankruptcy help for homeowners CNNMoney.com
Forbes - Huffington Post
all 514 news articles

Free foreclosure help for you during Good Evening! Arizona

April 30, 2009 by Foreclosure News  
Filed under Foreclosure

Are you facing foreclosure? Do you need help modifying your mortgage? azfamily.com’s Gary Harper and 3 On Your Side are coming to your rescue with free help from certified HUD counselors.

Foundation Backs Foreclosures Project - Wall Street Journal

April 30, 2009 by Google Inc.  
Filed under Foreclosure

Foundation Backs Foreclosures Project
Wall Street Journal - Mike Spector
By MIKE SPECTOR The Ford Foundation plans to pump $50 million into a new nonprofit venture that will help municipalities buy foreclosed homes from financial institutions, in an effort to stem property-value declines plaguing US neighborhoods.

Senate roll call on anti-foreclosure measure - The Associated Press

April 30, 2009 by Google Inc.  
Filed under Foreclosure, foreclosures by state

Senate roll call on anti-foreclosure measure
The Associated Press
California Boxer (D) Yes; Feinstein (D) Yes. Colorado Bennet (D) No; Udall (D) Yes. Connecticut Dodd (D) Yes; Lieberman (I) Yes. Delaware Carper (D) No; Kaufman (D) Yes. Florida Martinez (R) No; Nelson (D) Yes. Georgia Chambliss (R) No; Isakson (R) No.

Bankruptcy Is Good - FOXNews

April 30, 2009 by Google Inc.  
Filed under Foreclosure, bankruptcy


CNBC
Bankruptcy Is Good
FOXNews - Glenn Beck
By Glenn Beck Word from the White House that Chrysler is headed toward bankruptcy; Thursday was the deadline for the car company to provide a restructuring plan. Creditors reportedly turned down an unbelievably generous offer in which they would get
President Too Involved in Chrysler Bankruptcy, Critics Say Ward’s Auto (subscription)
Tony Fratto: "The Obully Pulpit" CNBC
all 3 news articles

Don’t wait around for new flu vaccine

A day after the World Health Organization upgraded the swine flu to a “pandemic threat” level, the nation’s pharmaceutical industry warned that a vaccine to protect against the virus could still be at least three to six months away.

Chrysler bankruptcy reflected in ratings - Moody's - Reuters

April 30, 2009 by Google Inc.  
Filed under Foreclosure, bankruptcy

Chrysler bankruptcy reflected in ratings - Moody's
Reuters - Nancy Leinfuss
By Nancy Leinfuss NEW YORK, April 30 (Reuters) - Moody's Investors Service said rating actions taken on Chrysler's auto loan and lease ABS over recent months reflected the deterioration in performance that led to its bankruptcy filing on Thursday.
TEXT-S&P on Chrysler bankruptcy impact on ABS ratings Reuters
TEXT-S&P cuts Chrysler LLC corporate credit rating to 'D' Reuters
all 11 news articles

BofA’s Lewis: Down, but not out

Bank of America’s Ken Lewis may be down, but he’s far from out.

The Cram-Down Smackdown - Reuters

April 30, 2009 by Google Inc.  
Filed under Foreclosure


AFP
The Cram-Down Smackdown
Reuters
But it's equally possible that bankruptcy judges' appraisals of the "fair market value" of foreclosed houses would have been much kinder than the market's. Now that the cram-down legislation has failed, we won't know for sure. But don't be surprised if
Senate kills modified-mortgage provision for those facing foreclosure MinnPost.com
No bankruptcy help for homeowners CNNMoney.com
Cramdown Bill Fails In Senate Forbes
Huffington Post - Wall Street Journal
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