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Chambliss, Martin Make Final Push Before Georgia Runoff - All Headline News
Atlanta, GA (AHN) - Sen. Saxby Chambliss (R-GA) and Democrat Jim Martin are making their final push ahead of a runoff on Tuesday for a crucial seat that will put Senate Democrats one race away from getting a 60-vote majority that will block ...

Some strapped metro Atlanta homeowners get break - Atlanta Journal Constitution
Tim Collins finds himself living a national crisis. First he lost his job when his company moved. Then he fell behind in his mortgage and faced foreclosure. Now, he’s rebuilding his finances thanks to a last-minute deal with his mortgage company to ...

Alpharetta lawyer gets prison time for mortgage fraud - Atlanta Business Chronicle
Alpharetta, Ga., closing attorney Mary Reagan was sentenced late Tuesday to nearly five years in prison for her role in a multi-million dollar mortgage fraud scheme. She also was also ordered to pay full restitution of more than $4 million. Reagan ...

Federal Reserve to buy more mortgage related assets - Atlanta Business Chronicle
Fannie Mae, Freddie Mac enact mortgage moratorium Markets look to continue rally Tuesday Federal Reserve to buy more mortgage related assets U.S. home sales post a month-to-month decline in October Fixing mortgages a growing business in Jacksonville ...

Deals: The Long Road to a Trillion - CFO.com
North American dealmaking finally cracked $1 trillion for 2008, but it was a long time coming. Indeed, on the merger-and-acquisition scene billion-dollar individual transactions ground to a halt last week, with the largest transaction being insurance ...

Market futures give mixed outlook for Tuesday - Pittsburgh Business Times
S&P/Case-Shiller: Atlanta house prices down again in September Federal Reserve to buy more mortgage related assets Treasury eyes match for bank investments Dow Jones plummets nearly 8% Markets look to continue rally Tuesday The Dow gained almost 397 ...

Real estate a trap for metro Atlanta couple - Atlanta Journal Constitution
When housing was hot and credit easy, Nadege Adam and Jude Valles gorged. Together and separately, the couple bought a five-bedroom house in Smyrna, a condominium in Smyrna for his mother and another condo at an intown development that was creating a ...

Radio industry heads for a shakeout - MSNBC
The faltering economy is hitting the radio industry on all fronts and a dean of the Atlanta radio market says it’s the most challenging time broadcasters have faced in more than 20 years. Lew Dickey Jr., CEO of Atlanta-based Cumulus Media Inc ...

QBE Buys Four Overseas Insurers to Stem Slowing Profit Growth - Bloomberg
Nov. 26 (Bloomberg) -- QBE Insurance Group Ltd. , Australia’s biggest property and casualty insurer, will spend $695 million on four acquisitions abroad, including U.S. insurer ZC Sterling Corp., to stave off slowing earnings. QBE, the biggest ...

Squatters' realtor puts homeless in foreclosures - Elkhart Truth
MIAMI -- Max Rameau delivers his sales pitch like a pro. "All tile floor!" he says during a recent showing. "And the living room, wow! It has great blinds." But in nearly every other respect, he is unlike any real estate agent you've ever met. He is ...

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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