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Dubai property giant Nakheel sacks 15 percent of workforce - Lebanon Daily StarDUBAI: The Dubai property giant behind such grandiose projects as a 1-kilometer-high tower and artificial palm-shaped islands said on Sunday it has fired 500 staff as the global economic crisis begins to bite in the oil-rich Gulf. Government ...
Behind the retail glitter, recession is real - Kansas City StarAt the stores, it looks like any holiday shopping season. Halls in Crown Center is decked out in wreaths and ribbon, and its dress racks send the message that, somewhere out there, people are partying in style. Costco is lit up with oversized ...
Mortgage lenders warned: Treat home repossessions as a LAST resort ... - Daily MailMortgage lenders have been ordered to treat home repossession as a last resort. The Financial Services Authority has warned them they risk unlimited fines and other sanctions if they fail to be fair to struggling borrowers. A letter sent to 280 chief ...
Suit: Florham Park developer funneled cash from skyscraper purchase to ... - Morris County Daily RecordOne of the biggest commercial real estate deals in New York City history was used by Florham Park-based developer Charles Kushner to funnel more than $5 million into the New York Observer, the newspaper run by his son, Jared, according to a former ...
Meltdown far from over, new mortgage crisis looms - Buffalo NewsThe full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis - one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full swing, the ...
Condo-hotel projects, attraction among projects on hold - Orlando Business JournalSlower sales and the credit crunch have had quite the impact on International Drive. Developers introduced several grandiose plans for condo-hotels and mixed-use high-rises, and even a 400-foot-tall observation attraction along the tourist corridor ...
Hip-Hop Rumors: Young Buck Signs To T.I.? Disturbing Tha Peace Fight ... - allhiphop.comYou know how Barack said he wasn’t going to take money from the big corporate financers and really relied on the people? Well, that is how I am going to approach the rumors from here on! I want the thousands of people that read this page to help me ...
Ruidoso’s River Crossing faces foreclosure - New Mexico Business WeeklyA foreclosure sale for Ruidoso’s River Crossing is scheduled for Dec. 23 on the front steps of the village’s civic center building on Cree Meadows Drive, according to a report in the Ruidoso News . The newspaper cites public documents, filed in ...
ETA Star will continue with ongoing projects - Business24-7Dubai-based ETA Star Properties will continue work on its existing projects in the emirate, but will not launch any new ones until the second or third quarter of 2009, when it hopes for an improvement in the realty market. With Dh13 billion worth of ...
Lawsuit claims Kushner diverted millions to family business - Newark Star-LedgerOne of the biggest commercial real estate deals in New York history was used by developer Charles Kushner to funnel more than $5 million into the New York Observer, the perennially money losing newspaper run by his son Jared, according to a former ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
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