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CenterPoint Energy Subsidiary Closes On New $600 Million Credit ... - MSN MoneyCentralHOUSTON, Nov. 26, 2008 (GLOBE NEWSWIRE) -- CenterPoint Energy Houston Electric, LLC (CEHE), the electric transmission and distribution subsidiary of CenterPoint Energy Inc. (NYSE:CNP) (the Company), announced that it closed yesterday on a new $600 ...
Ahead for Heating Oil Users: a Record-Shattering Winter - US News and World ReportPenny Osborn never before needed help with the cost of heating, but the 57-year-old physician's assistant had been out of work most of last year recovering from cancer surgery. And as cold weather set in, she faced an $855 bill to fill up the oil ...
Earnings roundup: General Growth, Radian - CNBCCHICAGO (AP) — Shares of troubled mall owner General Growth Properties Inc. plunged Wednesday after the company reported disappointing third-quarter results, cut its year-end forecast and said it needs to refinance $900 million in debt by the start ...
Heating bills up, but not as bad as feared - Minneapolis Star TribuneLast winter, a CenterPoint Energy employee verified that a gas meter was turned off and hadn’t been tampered with. The Brooklyn Park customer’s gas had been cut off for nonpayment. Utility bills will rise 10 to 15 percent this winter, far less ...
A tempting buffet of dividend stocks - Minneapolis Star TribuneFalling stock prices mean one thing for income-seeking investors -- better dividend yields. The latest market plunge has created a tempting assortment of dividend-paying stocks. There are even decent dividends coming from some companies not typically ...
Galveston still too bruised for residents' return - Guardian UnlimitedGALVESTON, Texas (AP) - There's a grocery store open for business on Galveston Island. Cell phone towers are connecting calls. More lights are coming back on at night. But for all the little signs of recovery in this barrier island community thrashed ...
Election-eve timing: Fox9 features felon voting-registration problems - Minnpost.comOn Election Eve, Fox9's Tom Lyden says 93 convicted felons have registered to vote this year , some from prison. They're not allowed to vote. Twenty-nine registrations were already flagged, but 64 were unknown to authorities. Lyden used two basic ...
Chatological Humor - Washington PostGene Weingarten's humor column, Below the Beltway , appears every Sunday in The Washington Post magazine. It is syndicated nationally by the Washington Post Writers Group . At one time or another, Below the Beltway has managed to offend persons of ...
Inhofe, Rice say Wall Street bailout was wrong thing to do - McAlester News-Capital & DemocratU.S. Sen. Jim Inhofe, R-Tulsa, and District 46 state Sen. Andrew Rice, D-Oklahoma City, disagree on a lot of things but there is something on which they both they agree. They both opposed the vote in the U.S. Congress to bail out Wall Street — at ...
People On the Move - Boston Business JournalConventures Inc., a Boston-based integrated communications, marketing and special event production agency, added Chris Meierhoefer as director of destination management and Marianne Leonard-Cashman as a destination management account manager. Awards ...
Today's Mortgage Terms starting with F
Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.
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