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AP Analysis: Obama free to change US-Cuba policy - Associated PressHAVANA (AP) -- Barack Obama will be the first American president in nearly 50 years to have a relatively free hand in deciding whether to ease punitive Cold War-era policies toward communist Cuba, and the foreign policy team he announced this week ...
Married Man Accused of Killing Mistress Out of Jail on $1M Bail - FOX NewsTRENTON, N.J. — A married man accused of killing his mistress is out of a New Jersey jail after posting $1 million bail. A spokeswoman for the Mercer County Prosecutor's Office says Rosario DiGirolamo left jail on Wednesday. The spokeswoman says ...
Citi ends severance supplement for employees - Business StandardUS employees with experience of 10 years or more and fired after January 15 are losing the ‘supplemental severance payment’ that would add weeks of base pay to their package, according to a memo Monday from Paul McKinnon, the bank’s head of ...
N.J. to spread $60M in foreclosure prevention funds - Philadelphia Business JournalNew Jersey Gov. Jon S. Corzine signed legislation on Monday that allocates $12.5 million in state funds and about $51.4 million in federal funds for foreclosure prevention assistance. Under the legislation, the Department of Community Affairs will ...
People in Business - Nashville TennesseanTennessee State Board of Accountancy has announced candidates who are Nashville residents who passed the Uniform Certified Public Accountant examination: James N. Lane, April L. Mitchell and Chandar A. Reed of Antioch; Robert A. Argo, Amy E. Mitchell ...
Many want pay based more on performance - Fort Wayne Journal GazetteIn 2007, as their companies started to falter, many executives were getting increases to compensation packages that already paid more in a day than most Americans make all year. Take Brian F. Roberts, chairman and CEO of Philadelphia-based Comcast ...
Highest Yielding Stocks Going Ex-Dividend in December - Seekingalpha.comInvestors occasionally use a stock trading technique called 'Buying Dividends,' which is the technique of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to ...
The social cost of recessions - CBC NewsLooking for a sign the recession is upon us? Check out your closest fast-food joint. Last week, virtually alone among corporate America, both Burger King and McDonald's reported stronger than expected sales. So what, you say. This is a good omen ...
Parents fight cancer for ‘Angel Emma’ - Bluefield Daily TelegraphPRINCETON — Emma Ruth Vannatter’s family believes she was born to be an angel. Just weeks after complications from leukemia took the little girl’s life, her mom finds comfort knowing that her “Angel Emma” doesn’t hurt any more. After ...
Fred Russell case may spur tougher drunk-driving penalties - Spokane Spokesman-ReviewFred Russell may be sitting in a cell, but his name’s popping up frequently in Olympia, where state lawmakers are weighing changes to catch drunken drivers and toughening the sentences for those who kill. “We will tell people once and for all ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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