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News about Mortgages:
Supply of Wilmington-area homes on market shrinks - Star News OnlineOctober sales of existing homes took a bigger tumble than expected across the country, down more than 3 percent from September’s total, the National Association of Realtors reported Monday. Locally, however, the ill winds are blowing a bit more ...
Smaller mortgage lenders see opportunity - Daily Business Reviews many of the biggest U.S. banks continue to pare back their mortgage lending, some smaller financial institutions see global financial turmoil as an opportunity to pick up market share. The eight largest mortgage lenders, as measured by total volume ...
Shock of job loss hits Wilmington - Cincinnati.comWILMINGTON, Ohio – This is what a recession looks like: Empty storefronts in the heart of downtown with “For Rent” and “For Sale” signs hanging in the windows. This is what a recession sounds like: The voices of hundreds of parents ...
Wilmington: Now what? - Cincinnati.comWILMINGTON, Ohio - This is what a recession looks like: Empty storefronts in the heart of downtown with "For Rent" and "For Sale" signs hanging in the windows. This is what a recession sounds like: The voices of hundreds of parents calling a charity ...
ING DIRECT Launches Bold Media Campaign “We the Savers ... - EarthtimesWILMINGTON, Del. - (Business Wire) ING DIRECT, the nation’s largest direct bank, announces a far-reaching media campaign urging Americans to save. The multi-faceted campaign allows participants to sign the online “Declaration of Financial ...
Career Moves - Raleigh News & ObserverStory Tools Donald R. "Don" Edwards has been named project manager at Southern Industrial Constructors/Southern Crane, industrial contractors in Raleigh. Jason Newton, a partner with Yates, McLamb and Weyher law firm in Raleigh, was elected treasurer ...
U.S. Consumers Spending Same or More Than Last Year on Holiday Gifts ... - EarthtimesWILMINGTON, Del. - (Business Wire) Holiday shoppers are not planning to reduce their spending significantly, despite news of financial turbulence, according to a new survey released today by ING DIRECT, the nation’s largest direct bank. The survey ...
Kaufman to fill Biden's seat in Senate - The Washington TimesEdward E. "Ted" Kaufman , longtime adviser and chief of staff for Vice President-elect Joseph R. Biden Jr., will serve the first two years of Mr. Biden's Senate term as the Delaware Democrat prepares to move to the White House. Delaware Gov. Ruth Ann ...
Carlyle's Hawaiian Telcom Files for Bankruptcy - Washington PostCarlyle Group , the District-based private-equity firm, suffered a new setback yesterday when one of its investments, a Hawaiian provider of local and long-distance telephone service, sought bankruptcy protection from creditors. Carlyle had put $425 ...
Bankruptcies up amid downturn - GazetteIn 2006, Caruso Homes was riding the national housing wave. The Crofton home builder racked up $161 million in revenue, ranking among the nation's 200 largest by Professional Builder Magazine. That same year, Caruso was named America's Best Builder ...
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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