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New day on Capitol Hill - CNN MoneyNEW YORK (CNNMoney.com) -- Spend tens if not hundreds of billions to boost the economy. Pass a law giving homeowners more leverage over lenders. Do more to address the growing ranks of unemployed workers. There's a new day for economic policy in ...
Washington bankruptcy filings rise 40% - Seattle TimesIndividuals and businesses who can't pay their bills anymore and can't sell off assets to pay their debts typically seek protection from creditors in bankruptcy court. The court can give them a fresh start by releasing them from personal liability ...
IMF, FSF to jointly work for preventing financial crises - MyIrisThe International Monetary Fund (IMF) and the Financial Stability Forum (FSF) are likely to co-operate and to provide an early-warning system in an effort to prevent future financial crises. The FSF is an international group that includes central ...
Asian stocks end on a negative note - MyIrisAsian stocks fell today, extending a global rout, as the US Treasury scrapped plans to buy mortgage assets, Commonwealth Bank of Australia said bad debts may double and China`s industrial output missed estimates. LG Display and as Intel lowered its ...
In sagging economy, bankruptcies boom - Spokane Spokesman-ReviewThe different kinds of bankruptcy, according to the American Bankruptcy Institute: Chapter 7: Debts are liquidated; used by individuals or businesses Chapter 13: A payment plan for individuals Chapter 12: A payment plan for family farmers or ...
More choosing to go for broke - Baltimore SunHe said he's struggling to crawl out from under about $150,000 in student loans, $25,000 in credit card debt and $20,000 in medical bills, not to mention a pile of late fees that have accumulated because of missed payments. "If I had to pay it all ...
Radio Address by President Bush to the Nation - ChristianNewsWireTHE PRESIDENT: Good morning. It's not every day that Americans look forward to hearing from the Internal Revenue Service, but over the past few weeks many Americans have received a letter from the IRS with some good news. The letters explain that ...
News Of The Day - New York Daily NewsJohn McCain came out swinging at last night's debate and threw everything he had at Barack Obama. But Obama kept his cool , and McCain failed to land a game-changing blow. It was more interesting to watch than the other debates. Joe the Plumber is a ...
Bankruptcy: A bankrupt system? - Minneapolis Star Tribune64-year-old Roger Allison lost his left foot to diabetes complications a few of years ago. He's on the installment plan with lawyer Curtis Walker, waiting to come up with enough cash to file for bankruptcy. He's been making installment payments of ...
F5 Q4 revenues up, income down - The RegisterF5 sold more gear in fiscal 2008 but earned less profit than last year. The enterprise networking and storage firm was held back by a late inability to ship product. Despite this it has pulled its Acopia file virtualisation business out of the mire ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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