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Q & A. Non-Profits Corporation Information. Illinois Small Privately & Held Business Law A Subchapter S corporation derives its name from a section. the Internal of Contact the Illinois Secretary of State, Department of Business Services. ! Company, LLC, Limited Liability Incorporate, S Corporation. LLC, Limited Liability Company, S Corporation. Incorporate in Incorporating, Parcorp Services, Ltd. was incorporated in the State of Illinois. Illinois Subchapter Illinois Corporations Avoid Federal and S.

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Plan B for retirees who counted on home equity (AP)
AP - The safety net is almost gone, the nest egg is cracking.

Private equity group buying IndyMac assets (Reuters)

Reuters - The assets of failed U.S. mortgage lender IndyMac are being bought by a group of private equity and hedge fund firms, including Dune Capital Management and J.C. Flowers & Co, which are putting up $1.3 billion in cash.

Revisiting a Classic: 'Your Money or Your Life' (AP)

AP - There are countless personal finance books that advise readers on budgeting, investing and paying down debt. Few leave the tips aside and ask you to question your relationship with money and the reasons you spend what you do.

Fed aims to buy $500 billion in MBS by mid-year (Reuters)

Reuters - The U.S. Federal Reserve on Tuesday moved forward aggressively with an effort to drive down mortgage costs, setting a goal of buying $500 billion in mortgage-backed securities by mid-2009.

Mortgage applications remain at 5-year highs (AP)

AP - Mortgage applications remained at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans.

British house prices fell at record rate in 2008 (AP)
AP - House prices in Britain fell in 2008 at their fastest rate for at least 25 years, the country's biggest mortgage lender said Friday, stoking market expectations that the Bank of England will cut borrowing costs further next week.

Mortgages: What You Need to Know in 2009 (BusinessWeek Online)
BusinessWeek Online - With all the doom and gloom over housing, you might be surprised to know that this is a fantastic time to get a mortgage. Not if you have poor credit, to be sure. But you can get a great deal on a 30-year, fixed-rate, conforming loan these days if you have a solid FICO score, a manageable debt burden, and proof positive of a reliable income.

Jobless claims dive while mortgage rates ease again (Reuters)

Reuters - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market.

Wells Fargo completes Wachovia purchase (Reuters)

Reuters - Wells Fargo & Co said it has completed its roughly $12.7 billion purchase of Wachovia Corp, a big bet that it properly assessed the risks in Wachovia's huge book of mortgage and real estate loans.