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McCain attacks Obama for supposed ties to '60s radical - International Herald Tribune
Senator John McCain has joined in the attacks on Senator Barack Obama for his supposed ties to the 1960s radical William Ayers, releasing a harsh new advertisement on Friday that accused Obama of lying about that relationship. The spot also blames ...

Run-up to Great Depression and today's recession havesome eerie ... - San Diego Union-Tribune
When the mortgage giant Fannie Mae recruited Daniel Mudd, he told a friend he wanted to work for an altruistic business. Already a decorated Marine and a successful executive, he wanted to be a role model to his four children – just as his father ...

Obama calls mortgage plan bad for taxpayers - Knoxville News Sentinel
DAYTON, Ohio - Democrat Barack Obama told a campaign audience Thursday that Republican John McCain's mortgage buyout plan would cost taxpayers billions of dollars and reward bad behavior by lenders. Speaking in Dayton as he started a two-day bus tour ...

Obama Offers Small Business Plan, McCain Seeks 401(k) Change - Bloomberg
Oct. 10 (Bloomberg) -- Barack Obama proposed a $5 billion program to help small businesses and John McCain called for suspending some rules on retirement account withdrawals as the faltering economy was on center stage for both campaigns. Obama said ...

Hannity again misled on Raines' purported role with the Obama campaign - Media Matters
Summary: On two recent editions of Hannity & Colmes , Sean Hannity claimed that Franklin Raines is an "economic adviser" to Sen. Barack Obama, in one case citing " The Washington Post " as a source for his claim. However, both Raines and the Obama ...

Economists: Cycles will happen, but governments must act - CNN
(CNN) -- The governments of the United States and other economic heavyweights must take decisive action to avoid worldwide economic disaster, two economic experts said Friday. Economist Lakshman Achuthan says a market recovery always follows a ...

Administration, Bankers Squelched Early Warnings About Mortgage Crisis - NebraskaTV
More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic ...

Dominic Lawson: Democrat fingerprints are all over the financial ... - The Independent
Traders work on the floor of the New York Stock Exchange Of all the characteristics of a successful politician, none is more essential than bare-faced cheek. Never has this been more evident than in the past fortnight, as senior Democrat members of ...

Haunted by history - Guardian Unlimited
'They have waited until something has cracked and then at the last moment have sought to prevent total collapse." Those words, which could so easily have come from one of the congressional representatives who this week voted down the proposed federal ...

McCain says he'll come from behind to win - Boston Globe
Republican John McCain focused today as much on his falling poll numbers as the faltering economy in his latest town hall event in a Midwest battleground. McCain, asking for help in a "tough and hard-fought election," declared himself the underdog ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.
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