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McCain as founding father of ... the gambling industry - Salon
The New York Times has a major piece about John McCain's ties to legalized gambling. Seems the senator likes to throw around $100 chips at the craps table, you know, just like regular middle-class parents do every week when trying to find new ...

Great Wolf Resorts Reports Third Quarter 2008 Results Adjusted EBITDA ... - CNBC
MADISON, Wis., Nov 04, 2008 /PRNewswire-FirstCall via COMTEX/ -- Great Wolf Resorts, Inc. (Nasdaq: WOLF), North America's leading family of indoor waterpark resorts, today reported results for the third quarter ended September 30, 2008. Highlights ...

Great Wolf Resorts Reports Third Quarter 2008 Results - Earthtimes
Author : Great Wolf Resorts, Inc. -- Achieved 2008 third quarter Adjusted EBITDA of $23.0 million , which was near the top end of the company's previously issued third quarter guidance range of $19.5 - $23.5 million . -- Reported that Adjusted EBITDA ...

Palin Pushes Tax Creep Argument - ABC News Blogs
ABC News' Imtiyaz Delawala reports: Alaska Gov. Sarah Palin charged that Sen. Barack Obama’s tax plan is “so phony that it's already starting to unravel,” continuing an argument made by her running mate Sen. John McCain this week that the Obama ...

Today's Mortgage Terms starting with B

Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.

Bearer: The legal owner of a property.

Bill of Sale: A document that details the transfer of property.

Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.

Blanket Mortgage: A mortgage that includes more than one piece of real estate

Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.

Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.

Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.

Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.

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