Mortgage Lenders Bankruptcy News, Issue No. 5

(EMAILWIRE.COM, March 06, 2007 ) FAIRLESS HILLS, Pa. -- Mar. 6, 2007 -- Bankruptcy Creditors' Service, Inc., published Issue No. 5 of MORTGAGE LENDERS BANKRUPTCY NEWS today. The 23-page newsletter contains stories with these headlines: [00034] FIRST MEETING OF CREDITORS SCHEDULED FOR MARCH 26, 2007[00035] DEBTOR'S MOTION TO APPROVE PAYMENTS UNDER INCENTIVE PLAN [00036] DEBTOR'S MOTION TO REJECT ALTER ASSET MANAGEMENT LEASE[00037] DEBTOR'S MOTION TO REJECT 3 LEASES EFFECTIVE FEB. 28[00038] COMMITTEE'S MOTION FOR AUTHORITY TO TRADE IN SECURITIES[00039] DEBTOR'S MOTION FOR AUTHORITY TO USE CASH COLLATERAL [00040] DEBTOR'S MOTION TO OBTAIN $3,000,000 RFC DIP FINANCING[00041] DEBTOR'S MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM[00042] DEBTOR'S MOTION TO MAINTAIN EXISTING BANK ACCOUNTS [00043] DEBTOR'S MOTION TO USE EXISTING BUSINESS FORMS[00044] DEBTOR'S MOTION TO OBTAIN LIMITED SECTION 345(6) WAIVER[00045] DEBTOR'S MOTION TO PAY PREPETITION EMPLOYEE OBLIGATIONS[00046] DEBTOR'S MOTION TO RESTRICT ACCESS OF CONFIDENTIAL INFO [00047] DEBTOR'S MOTION TO REJECT 17 REAL PROPERTY LEASES [00048] DEBTOR'S MOTION TO REJECT FOUR FIRST FINANCIAL LEASES [00049] DEBTOR'S MOTION TO DEEM UTILITIES ADEQUATELY ASSURED[00050] DEBTOR'S MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS[00051] DEBTOR'S MOTION FOR INTERIM COMPENSATION PROCEDURES[00052] RFC'S MOTION TO QUASH CREDITORS PANEL'S DISCOVERY REQUEST[00053] DEBTOR'S APPLICATION TO EMPLOY SCOULER ANDREWS AS CRO[00054] DEBTOR'S APPLICATION TO EMPLOY PACHULSKI STANG AS COUNSEL[00055] DEBTOR REPORTS 12-WEEK DEBTOR-IN-POSSESSION BUDGET[00056] RFC TRANSFERS SUBSERVICING OF MLN LOANS TO WELLS FARGOA copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_co_cs?co_name=MORTGAGE LENDERS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.MORTGAGE LENDERS BANKRUPTCY NEWS tracks the restructuring of Mortgage Lenders Network USA, Inc.How to Subscribe to MORTGAGE LENDERS BANKRUPTCY NEWSMORTGAGE LENDERS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.To continue receiving MORTGAGE LENDERS BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_cs_subs?co_name=MORTGAGE LENDERS

Bankruptcy Creditors' Service, Inc.
Peter Chapman

peter@bankrupt.com