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Flipped flag signals economic distress - Herald NewsJOLIET -- Life on Paradise Circle has been anything but lately for Debra Brzostowski. Like many small business owners, the tanking economy has put her business in jeopardy. She and her husband are also on the verge of losing the home they've lived in ...
Joliet woman displays U.S. flag upside down to protest economy - Batavia SunJOLIET -- Life on Paradise Circle has been anything but for Debra Brzostowski. Like many small-business owners, the tanking economy has put her business in jeopardy. She and her husband are also on the verge of losing the home they've lived in for ...
Park receives initial OK for federal capital infusion - Business CourierKeyCorp receives $2.5B in Treasury deal Local stocks bounce back after Monday's debacle Argosy in on purchase of Joliet Equipment Park receives initial OK for federal capital infusion M&T receives preliminary OK for $600M The U.S. Treasury has given ...
First American CoreLogic Releases September 2008 LoanPerformance Home ... - MSN MoneyCentralSANTA ANA, Calif. , Dec. 1 /PRNewswire-FirstCall/ -- First American CoreLogic, a member of The First American Corporation FAF , America's largest provider of advance property and ownership information, analytics and services, today announced the ...
Suburban homebuilder's troubles deepen - Crain's Chicago BusinessLenders are turning up the pressure on Pasquinelli Homebuilding LLC , another local developer buffeted by the housing crisis. In recent months, Park National Bank has filed foreclosure lawsuits on Pasquinelli projects in Kane County and in South ...
Habitat for Humanity finishes 50th house - Herald NewsJOLIET -- It wasn't until Joe Adler put a hammer in his hand until he realized the power of what he was doing. Twenty years ago, his son-in-law took him on a surprise visit to a Habitat for Humanity build site in Colorado. "I think he did it to get ...
Locally owned banks are booming - Herald NewsFirst Community Bank of Joliet stayed out of the subprime home loan business when it was all the rage a few years ago. "They didn't make sense to us," said George Barr, who is chairman of the bank's holding company, First Community Partners. "We ...
Iowa cities competing for federal buyout money - Chicago TribuneAuthorities say high-tech crack dealers on the East End mounted a surveillance video camera on a backyard tree to keep an electronic eye out for the cops. Their vision wasn't too good because the Southampton Town Police found out about the operation ...
Judge Drops Gun Charges Against Drew Peterson - FOX NewsJOLIET, Ill. — A judge dismissed felony gun charges Thursday against Drew Peterson after prosecutors refused to hand over internal documents leading to their decision to arrest the former Bolingbrook police sergeant, who is suspected in the ...
Finding their way out of debt and learning along the way - Chicago TribuneAs they clawed their way out of the hole many Americans are still entering, Charles and Moriah Aldarondo became experts in living under the crushing yoke of debt. The Joliet couple, both 29, racked up $45,000 in bills ranging from the unavoidable ...
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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