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Pension Funds Watch Fannie, Freddie - Wall Street JournalSome of the largest public pension funds hold millions of shares of Fannie Mae and Freddie Mac , largely in passively managed investments. They are watching closely as Treasury Department officials consider whether to step in to help the mortgage ...
State sues mortgage lender - The News and TribuneAgents deceived home-loan borrowers on interest rates and prepayment penalties and sometimes fabricated income levels in order to receive approval on risky loans, a lawsuit filed by the state of Indiana alleges. The suit was filed against mortgage ...
Aluminum maker unlikely to move to Vancouver, Wash. - Seattle TimesThe aluminum-fencing and bike-frame maker that earlier this year considered a move to the Port of Vancouver will probably not bring 800 jobs to Clark County, those familiar with the business confirmed on Monday. "The economics make it less likely ...
Judge Says No Time to Clarify Payday Lending Ballot Summary 400 ... - CNBCPHOENIX, Aug 27, 2008 /PRNewswire-USNewswire via COMTEX/ -- Superior Court Judge Sam Myers ruled today that Secretary of State Janice Brewer does not have to clarify the language summarizing a payday lending-industry backed measure that will appear ...
Judge Says No Time to Clarify Payday Lending Ballot Summary - ForbesPHOENIX, Aug. 27 /PRNewswire-USNewswire/ -- Superior Court Judge Sam Myers ruled today that Secretary of State Janice Brewer does not have to clarify the language summarizing a payday lending-industry backed measure that will appear on the ballot ...
Sunwest tries to assure residents it is financially sound - OregonianSunwest Management Inc., the giant Salem-based senior housing provider, is facing significant financial hurdles, including $1.8 billion in debt, an increasingly jumpy group of lenders and a housing slump that has forced some seniors to postpone ...
Obama: 'We are a better country than this' - Boston GlobeSenator Barack Obama will promise change -- and spells out specifics such as tax cuts for the middle class and an end to dependence on foreign oil in 10 years -- as he accepts the Democratic presidential nomination tonight. Obama also warns that ...
Mobile home park divided - Record SearchlightWhen Bob Clark moved to the Redding Riverside Village mobile home park a couple of years ago, he assumed he'd spend the rest of his life in a single-wide trailer under leafy sycamores near the Sacramento River. Now Clark, 65, says he may have to ...
Finalists named for 2008 Copper Cactus Awards - Daily TerritorialFinalists have been named for the 11th annual Wells Fargo Copper Cactus Awards, Southern Arizona’s oldest and largest awards program honoring excellence in small business. The dinner and awards presentation announcing the winners will be Oct. 2 at ...
Business Notes - Lexington Herald-LeaderMcDonald, Rankin named to Churchill Downs board Churchill Downs Inc. named two new board members on Wednesday. James McDonald, chairman, president and CEO of cable system provider Scientific Atlanta Inc., and insurance broker and horseman Alex Rankin ...

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Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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