Jefferson County Sewer to Get Receiver, Judge Says
An Alabama Circuit Court judge said he intends to appoint a receiver to manage Jefferson County’s insolvent sewer system, two years after the bondholders’ trustee sued to improve the system’s operation and boost fees to repay more than $3 billion of debt.
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Insolvent Jefferson County Sewer System Will Get a Receiver, Judge Rules
An Alabama Circuit Court judge said he intends to appoint a receiver to manage Jefferson County’s insolvent sewer system.
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DJSP Enterprises, Inc. Reports Financial Results for the Three and Six Months Ended June 30, 2010
PLANTATION, Fla. -- DJSP Enterprises, Inc. , one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced financial results for the three and six month periods ended June 30, 2010.
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Bad credit not a problem for corporate borrowers
NEW YORK -- With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this year they look like they're part of a parallel universe.
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Home Equity Lines Of Credit: The Next Looming Disaster?
In a previous REAL ESTATE CHANNEL article , I discussed the madness of borrowing through home equity lines of credit (HELOC) during the bubble years. Now is a good time to take an in-depth look at these second liens and the dangers they pose for the housing market and the large banks.
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