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Commercial loan losses hurting insurers - ForbesA new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes. Industry players say the insurers' predicament is being worsened by a rule requiring that ...
Petrol price headed for $1 a litre, Commsec economist Craig James says - News.com.auA global slide in the price of crude oil has combined with a steadying Australian dollar to see the price fall more than 20 cents in the last three weeks. "Motorists across capital cities should not be surprised to see pump prices nearing $1 a litre ...
Obama team decides on 2 for top posts - International Herald TribuneWASHINGTON : President-elect Barack Obama has settled on Gregory Craig to be his White House counsel, advisers to Obama said Saturday. The decision is expected to be finalized and announced in the coming week. Craig, 63, was initially thought to be ...
Should you keep paying your mortgage? - San Francisco GateIf you have significant equity in your home, absolutely. If you don't, it's getting harder to answer that question, especially when our government keeps giving people who owe more than their homes are worth so many reasons not to pay. Last week, the ...
House Swapping - KIMA TVYou bought a house when the market was good. Today it's a far different story with falling home values and more foreclosures nationwide than ever before. But now is not the time to give up, it's the time to get creative. Which is just what some ...
Commercial loan loses latest blow to markets - Riverside Press EnterpriseWASHINGTON - A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes. Industry players say the insurers' predicament is being worsened by a rule ...
Obama puts longtime aides at White House - Buffalo NewsPresident-elect Barack Obama is putting some longtime aides in senior posts at his White House. Obama named four new members of his West Wing staff Wednesday. That include a senior adviser job for his chief campaign strategist, David Axelrod. He also ...
Headline: 'Are You an Idiot to Keep Paying Your Mortgage?' - News BustersIn today's "You've Got to be Kidding Me" moment, the San Francisco Chronicle advocated that folks who owe more on their mortgages than their homes are worth should stop making payments so they can qualify for a government bailout. I'm not kidding. If ...
No Moderate Cabinet - NationThe President-elect is still selecting his cabinet. He's met with Hillary Clinton who's said to be under consideration for Secretary of State and more former Clinton administration officials have been named to top posts. Gregory Craig will probably ...
Madigan In Running For Empty Senate Seat? - WBBMCHICAGO (WBBM) -- Illinois Attorney General Lisa Madigan, after a press conference on mortgage rescue fraud Tuesday, was asked about speculation that she is in the running to replace Barak Obama in the U.S. Senate. WBBM's Debra Dale Reports. Madigan ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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