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Lansing, MI - WNDU
Michigan will lead a class-action lawsuit against investment bank Bear Stearns over losses to state pension funds and other investors. Michigan alleges that Bear Stearns and five current and former executives misled investors about exposure to the ...

Second powder-filled envelop at mortgage office - WWMT
KALAMAZOO COUNTY, Mich. (NEWSCHANNEL 3) - There is an update on a suspicious situation at a mortgage office in Kalamazoo County. Haz-mat crews responded to the scene again Tuesday. Monday, Indymac evacuated employees from its building on 9th Street ...

State to lead Bear Stearns lawsuit - Traverse City Record-Eagle
LANSING -- Michigan will lead a class-action lawsuit against investment bank Bear Stearns over losses to state pension funds and other investors. Michigan alleges that Bear Stearns and five current and former executives misled investors about ...

Michigan will lead case against Bearn Stearns - WWMT
LANSING, Mich. (AP) - Michigan will lead a class-action lawsuit against investment bank Bear Stearns over losses to state pension funds and other investors. Michigan alleges that Bear Stearns and five current and former executives misled investors ...

Metro/State briefs - Detroit News
LANSING -- Michigan will lead a class-action lawsuit against investment bank Bear Stearns over losses to state pension funds and other investors. Michigan alleges that Bear Stearns and five current and former executives misled investors about ...

Sponsored by: - Lansing State Journal
Your browser’s security settings are preventing some features from appearing. See instructions for fixing the problem. WASHINGTON - Consumer spending fell for a fifth straight month in November, the longest weak stretch in a half-century, while ...

Try a Little Honesty in 2009 - Article.nationalreview.com
I travel frequently to bastions of progressive thinking — Boston, Los Angeles, New York, San Francisco, and Washington. From what I can tell, there is a lot higher percentage of BMWs, Lexuses, Mercedes, Toyotas, and Volvos on the road in these ...

Michigan to Lead Fraud Case Against Bear Stearns - Earthtimes
Pension Funds and Investors Lost Billons as a Result of Misleading Financial Data LANSING, Mich. , Jan. 7 /PRNewswire-USNewswire/ -- Attorney General Mike Cox and Treasurer Robert J. Kleine today announced that the State of Michigan has been ...

Legislature to tackle Michigan's budget deficit - Detroit News
LANSING -- Michigan lawmakers are ringing in the new year with some old business hanging over their heads. During the two-year 94th Legislature, which officially ended in a brief ceremony at noon Tuesday, they introduced 4,445 bills and passed 533 ...

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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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