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Stocks trade mixed after steep rally; investors pore over mostly weak ... - Chicago TribuneNEW YORK (AP) _ A mostly downbeat batch of economic news gave investors a reason to cash in some of their recent gains Wednesday, leaving stock prices widely mixed. Blue chips pulled back, while tech stocks that have lagged the market were rallying ...
Woman denies abusing her elderly mom - Spokane Spokesman-ReviewReport suspicions that a vulnerable adult is suffering abuse, neglect or exploitation by calling Adult Protective Services at (509) 323-9400, or fax a report to (509) 458-3558. A 59-year-old woman accused of depriving her mother of food and water ...
Sturgis Bancorp, Inc. Announces Cash Dividend - MSN MoneyCentralSTURGIS, Mich. , Oct. 27 /PRNewswire-FirstCall/ -- Sturgis Bancorp, Inc. (OTC Bulletin Board: STBI) today announced that its Board of Directors has declared a cash dividend of $0.12 per common share, payable December 15, 2008 to stockholders of ...
Coming Up - Times UnionEarnings expected: Analog Devices Inc., Nuance Communications Inc., Hewlett-Packard Co., Campbell Soup Co. Other: National Association of Realtors releases existing-home sales for October. Treasury bill auction. Earnings expected: Zale Corp., Dollar ...
Doing well, but still feeling a pinch - Minneapolis Star TribuneSo he paid $235,000 in 2006... Unless they have done some serious work on that house it is probably worth no more than 210-220,000 right … read more now. I'm sure it's very far from the castle in Maple Grove that you folks are imagining. For the ...
Auto-parts industry seeks $1-billion in loans - Globe and MailAndre Carrel from Salmo, Canada writes: Free The West Free The West from Free the West, Canada writes: 'And 'TRUE NORTH' it was the US banks that were bailed out, the Canadian version is completely different. Let me guess, you're a Leftie.' If not a ...
China announces $586-billion stimulus plan - Globe and Mailkevin o'connor from Canada writes: We also need a stimulus plan. We are in a relatively good position compared to others due to our well regulated banks, solid federal fiscal postion and natural resource wealth, but we have to face it, we are a ...
Future of Promenade Shops at Dos Lagos as uncertain as the economy - Riverside Press EnterpriseIf the Promenade Shops at Dos Lagos mall falls into foreclosure, a change of ownership is likely. But that won't be as important to the future of the south Corona shopping center as the ability of the upscale stores to withstand the battering of a ...
Employment Situation - FoxBusiness.comThe granddaddy of monthly economic reports is the federal reading on the employment situation. To call this a single report is deceptive. It actually has a bunch of moving parts that, on their own or as a group, can move stock and bond markets. It's ...
Pre-Open Movers: MoneyGram (MGI) Sinks On Investment Losses, Manatron ... - StreetInsider.comApplied Materials to hold Fourth Quarter FY 2008 Earnings Conference Call on November 12, 2008 at 4:30 p.m. ET David Moenning's Daily State of the Markets: 10/20 Morning Movers 10/20: ING Higher On Cash Infustion; Prudential (PRU) Lower On Downgrade ...
Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
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