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Full Text of Lincoln Letter to Lydia Bixby - FOX News
I have been shown in the files of the War Department a statement of the Adjutant General of Massachusetts that you are the mother of five sons who have died gloriously on the field of battle. I feel how weak and fruitless must be any word of mine ...

The Credit Crisis Is The Least Of Our Worries - Forbes
When most people look at the turmoil in the American economy over the last month--wild gyrations in the stock market, giants of finance failing or requiring government rescue, rising unemployment, sinking home prices and a wave of mortgage ...

Citigroup's largest individual shareholder discusses the government ... - CNBC
Discussing how bailout spending will affect the dollar, with Win Thin, of Brown Brothers Harriman, and Ashraf Laidi, of ... Will the Dollar Continue to... The latest Fed bailout raises the question of whether the four-month dollar rally is coming to ...

Movie Review | I.O.U.S.A. - Columbus Dispatch
Documentarian Patrick Creadon, whose film Wordplay made the topic of crossword puzzles as scintillating as it could possibly be, tackles another potentially mind-numbing subject in I.O.U.S.A . And he does a nice job of making the daunting math and ...

It's a day of wine and winners at shelter fundraiser - Long Beach Press-Telegram
"It was our most successful fundraiser in recent years," said the enthusiastic executive director of the WomenShelter of Long Beach (WSLB), TuLynn Smylie. The Fourth Annual Wine Tasting Fundraiser, held Oct. 4, raised $33,000. Host Duane Rose, owner ...

Obama's winning impact - Tulsa World
A quote attributed to Mike Cotrill, chief operating officer of the Greater Tulsa Association of Realtors, in a this story on Barack Obama’s election read, “I think the national optimism will echo locally.” He was referring to optimism expressed ...

Obama Vows Stimulus Now, Restraint Later - Investors Business Daily
President-elect Barack Obama said Tuesday his administration will focus on economic recovery to start, but stressed the need for budget reforms. He emphasized his middle-class tax cuts and other stimulus efforts will help save or create 2.5 million ...

Forget Politics as Usual, It's Time to Change the Language of Fiscal ... - Seekingalpha.com
Let’s face it: expectations for what President-elect Obama can do to “rescue” our economy are very, very high. CNN’s Elaine Quijano suggests that Obama will live up to our expectations if he follows through on everything he’s promised on ...

Bailout Gyrations Dizzy Investors - AOL
(Nov. 18) - "Slush fund" ... "banana republic" ... "Keystone Kops." That's how some observers are describing the government's effort to stabilize the financial system, including its centerpiece rescue mechanism, known as the TARP. Hatched hastily ...

TARP: A Rescue Plan or Uncertain Scramble? - Yahoo Finance
"Slush fund" ... "banana republic" ... "Keystone Kops." That's how some observers are describing the government's effort to stabilize the financial system, including its centerpiece rescue mechanism, known as the TARP. Hatched hastily about two ...

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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