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News about Mortgages:
Regions, Wachovia make top 10 in mortgage satisfaction study - Birmingham Business JournalBB&T Corp. , which operates one full-service branch in the Birmingham-Hoover market, ranked No.1 in the latest J.D. Power & Associates Primary Mortgage Servicer Study. The Winston-Salem, N.C.-based banking thrift is considered the best in the ...
Fannie, Freddie Mortgage-Bond Spreads Rise as Lehman Talks End - BloombergSept. 9 (Bloomberg) -- Yields on $4 trillion of mortgage securities guaranteed by Fannie Mae and Freddie Mac rose for the first day in five relative to U.S. Treasuries amid reports that Lehman Brothers Holdings Inc. 's talks about a capital infusion ...
Harry Winston Diamond Corporation Announces Second Quarter Fiscal 2009 ... - CNW GroupTORONTO, Sept. 9 /CNW/ - Harry Winston Diamond Corporation (TSX: HW; NYSE: HWD) today reported second quarter results for the period ending July 31, 2008. The Company recorded an increase in consolidated sales for the quarter of 7%, generating a 23 ...
Bank of Granite Corporation Splits Stock, Announces Cost Reduction ... - MSN MoneyCentralBank of Granite Corporation (NASDAQ: GRAN) (the "Company") announced that its Board of Directors approved a 5-for-4 stock split that will be effected by issuing one additional share of its common stock for each four shares held by shareholders of ...
Mortgage crisis hits local business - Greensboro News & RecordGREENSBORO - Bad mortgages keep tightening their grip on the economy, threatening to strangle Greensboro's United Guaranty Corp. United Guaranty, which is owned by American International Group, has lost nearly $1 billion in the first half of 2008 ...
BB&T tops in satisfaction among mortgage servicers - Triangle Business JournalThe latest J.D. Power and Associates Primary Mortgage Servicer Study ranks BB&T at the top of the list in customer satisfaction for the second consecutive year. The study measures customer satisfaction in four areas of loan servicing: billing ...
BB&T wins high J.D. Power marks for mortgage services - Baltimore Business JournalMedallion Homes shines in recent customer-satisfaction survey Flat-rate drug programs rate high M/I Homes vaults to top of J.D. Power satisfaction survey The latest J.D. Power and Associates Primary Mortgage Servicer Study ranks BB&T at the top of ...
The Iconoclast from Canada writes: He is so irrelevant. - Globe and MailBanofee Pie from Toronto, Canada writes: Winston, you got that right - this whole debacle is due to one thing - GREED, but everyone is guilty. Not just consumers, but banks, Wall Street...people in general. But the fat cats at the bank especially ...
Union strikes out at Everett builder by picketing its clients - Everett HeraldEVERETT -- Bob Winston has picketers outside his business, but his employees aren't the ones with the beef against him. Neither are his customers. And he doesn't have organizers pressuring him to unionize his mortgage business. Instead, he's being ...
North America - News.com.auUS House rejects Wall St bailout THE U.S. House of Representatives today rejected a Wall Street bailout bill that would have authorised the Treasury Department to spend up to $US700 billion to purchase soured mortgage-backed assets from banks with ...

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Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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