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Bush meets Obama ahead of presidents' lunch - Boston GlobeWASHINGTON (Reuters) - President George W. Bush met successor Barack Obama for the second time at the White House on Wednesday ahead of a lunch with all living U.S. presidents some two weeks before Obama's inauguration. Bush, a Republican, and Obama ...
The End of Capitalism? Not quite, but nearly.... - OpEdNews.comIn the summer of 2008, the Bank for International Settlements (BIS) warned of the danger of another Great Depression rivaling the economic crash of the 1930s. The problem supposedly began with the US sub-prime mortgage crisis, whereby American banks ...
Bridge row may scupper schools and new hospitals - ScotsmanMAJOR government projects, including schools, hospitals and transport schemes could be delayed or cancelled because of a dispute over the funding of the new Forth road bridge, ministers warned last night. The Scottish Government wanted to spread the ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. There have been times when a period of 24 hours was enough to redefine everything: The storming of the Bastille. D-Day. The fall of the Berlin ...
Final goodbye: A roll call of some who died in '08 - McAllen MonitorHere, a roll call of some of the notable people who died in 2008. (Cause of death cited for younger people if available.) Philip Agee , 72. Renegade CIA agent whose naming of operatives led to law against exposing spies. Jan. 7. Sir Edmund Hillary ...
A roll call of some who died in 2008 - Columbus TelegramFrom the summit of Everest, the top of the world, to the intricate workings of the human heart. From outer galaxies to the dungeons of Stalin’s gulag. Sir Edmund Hillary was the first man to stand atop the world’s highest mountain. Dr. Michael ...
Category: 100% Pure Cheese - PopwatchI'm not gonna lie to you: I stopped watching Dancing With the Star s somewhere around the start of season 4, mainly because the viewing experience started reminding me of those mornings where you're in the shower, and for the love of all that's holy ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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