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DIARY - Germany - to December 19 - ReutersFor German corporate events diary double-click on [WEU/EQUITY] UPCOMING ECONOMIC INDICATORS GMT MEDIAN DATE GMT/LOCAL INDICATOR PERIOD F/CAST PRIOR 21-26NOV HICP prelim m/m (harmonised index of Nov -0.3% consumer prices) 21-26NOV CPI m/m preliminary ...
No details on mortgage relief plan - Nassau GuardianThe government has yet to announce details of a mortgage assistance program Prime Minister Hubert Ingraham promised more than a month ago. Deputy Prime Minister Brent Symonette recently told The Nassau Guardian that he did not have specifics on such ...
Greenwood, SC textile plant lays off 300 - CNBCGREENWOOD, S.C. - A sharp drop in demand for nylon has forced the layoff of more than 300 workers, or about one-third of the work force, at Solutia Inc.'s Greenwood, S.C., plant. Spokeswoman Missy Hammond, who said the company plans to divest its ...
South Carolina Textile Plant Cuts 300 Jobs - Industrial DistributionGREENWOOD, S.C. (AP) -- A sharp drop in demand for nylon has forced the layoff of more than 300 workers, or about one-third of the work force, at Solutia Inc.'s Greenwood, S.C., plant. Spokeswoman Missy Hammond, who said the company plans to divest ...
Obama to fail 1st economic test - WorldNetDailyEditor's Note: The following report is excerpted from Jerome Corsi's Red Alert, the premium online newsletter published by the current No. 1 best-selling author, WND staff writer and columnist. Subscriptions are $99 a year or $9.95 per month for ...
Greenwood textile plant lays off 300 - Aiken StandardGREENWOOD -- A sharp drop in demand for nylon has forced the layoff of more than 300 workers, or about one-third of the work force, at Solutia Inc.'s Greenwood plant. Spokeswoman Missy Hammond, who said the company plans to divest its nylon ...
Giants on their knees - Electric New PaperGIANTS are part of our folklore, so let's start with a folk tale. Once upon a time in France, there was a 31-year-old derivatives trader by the name of Jerome Kerviel. He worked for a giant bank named Societe Generale. The bank was 150 years old ...
Stopping Foreclosures With the Right to Rent: One More TIme - Common DreamsPoliticians often prefer complex solutions to simple problems. Nowhere is this more apparent than with the long list of complicated and convoluted proposals to address the country's foreclosure crisis. Millions of people face the loss of their homes ...
Hung Jury in Murder Trial for Former UM Athlete - Flathead BeaconMISSOULA – The murder trial of a former University of Montana football player ended with a hung jury Friday in Los Angeles County Superior Court, but prosecutors quickly refiled homicide charges. Former cornerback Jimmy Wilson, 22, is accused of ...
Brazil and China emerge as models of stability while UK looks risky ... - Daily TelegraphSplitting the world, as many institutional investors do, into two sorts of financial markets, emerging and developed, has always been an oversimplification. But whatever logic once underpinned this great divide has been eroded, as a result of a ...
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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