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Miller Electric to eliminate 95 jobs - Milwaukee Journal SentinelNov. 19, 2008 | Appleton-based Miller Electric Mfg. Co. said today it will eliminate 95 jobs, or about 6% of its 1,500-person work force in response to the national economic situation and the slowing demand for Miller's commercial and industrial ...
Church hierarchy stalled priest ousters, Weakland testifies - Milwaukee Journal SentinelNov. 20, 2008 2:34 p.m. | Now-retired Archbishop Rembert Weakland, in a videotaped deposition released today, said his attempts to oust sexually abusive priests from the priesthood was stalled by a protective church hierarchy despite his pleas for ...
What the candidates should talk about - Seattle Post IntelligencerEvery few years, the world seems to face a new testing time. After Sept. 11, leaders had to figure out how to respond to Islamic extremism. Now we face another test. Today, leaders around the world have to figure out how to stabilize economies amid ...
Something to Crow about Manchester estate sells for record $11.5 ... - Salem NewsMANCHESTER — While foreclosures and the mortgage crisis plague national real estate, the North Shore luxury real estate market continues to thrive. Recently, a record-breaking estate sale was made in Manchester, and other high-end properties are ...
Something to Crow about Manchester oceanfront estate sells for record ... - Gloucester Daily TimesMANCHESTER — While foreclosures and the mortgage crisis plague national real estate, the North Shore luxury real estate market continues to thrive. Recently, a record-breaking estate sale was made in Manchester, and other high-end properties are ...
1 killed when 2 fall from cliff - Santa Rosa Press DemocratThe man who died Thursday evening in a fall from a Fort Bragg cliff was a 22-year-old transient who had reached out to grab a friend who had lost his balance. Keith W. Campbell was found lifeless at the bottom of a bluff after he reportedly had been ...
Taxpayers Shouldn’t Fund Wall Street’s Bailout - BusinessWeekTo say that the situation on the Street is alarming is like saying that a tornado is windy. The financial backbone of the economy is in dire need of help, and in the excitement, a $700 billion bailout is taking shape in the halls of Congress. But in ...
Stop Calling It the $85 Billion Bailout! - Lewrockwell.com“I think it was a wise decision on the part of the Federal Reserve and Treasury to throw that lifeline to A.I.G. so that we could emerge from this crisis in an orderly way,” Mr. Liddy told “The NewsHour With Jim Lehrer” on PBS Wednesday night ...
AIG rips the surf off our backs - Denver PostYou taxpayers need to get this through your stingy heads: If you want to be in the insurance business, you're going to have to tip the butlers. You bailed out American International Group Inc. for $85 billion, plus another $37.8 billion announced ...
HBOS says independence equals nationalisation - bbcHBOS's board has this afternoon explained why it sees the independence of the bank as a highly unattractive option. In a document sent to shareholders about its plan to raise £11.5bn of new capital and to be taken over by Lloyds TSB, it says that ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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