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Six lessons for bruised investors - The Australian1. Beware of market forecasts, even by experts . As 2008 began, strategists from Wall Street's 12 major firms forecast the end-of-the-year closing level and earnings of the Standard and Poor's 500 Stock Index. On average, the forecast was for a year ...
Six Lessons for Investors - Wall Street Journal1) Beware of market forecasts, even by experts. As 2008 began, strategists from Wall Street's 12 major firms forecast the end-of-the-year closing level and earnings of the Standard and Poor's 500 Stock Index. On average, the forecast was for a year ...
Who locally could see state IOUs instead of cash? - Bakersfield CalifornianA local lawmaker said Wednesday he’d fight in court or through legislation any issuing of IOUs instead of cash state tax refunds as officials have warned they might have to. State Controller John Chiang has projected California will run out of ...
The Ridiculous Year End Dance - American ThinkerMemo to Barack Obama. And his voters. This is what Joe the Plumber was talking about. Like most business owners, we spent the last weeks of 2008 doing the annual year end fiscal dance. Whether a business is a Subchapter S cash basis taxpaying entity ...
Bond Expert: Wednesday Outlook - Seekingalpha.comPrices of Treasury coupon securities sagged in overnight trading as the flight from risk-averse assets continued and the heavy calendar of Treasury issuance became reality. The yield on the 2 year note has increased 5 basis points to 0.81 percent ...
Need to know: Waitrose; Flybe; Tata - Times OnlineCredit conditions : The credit crunch bit deeper, as banks continued to curb the availability of loans for individuals and businesses, the Bank of England’s quarterly Credit Conditions Survey reported. UK manufacturing : The UK manufacturing ...
Engineer: Tenn. ash spill warning signs ignored - Buffalo NewsThe nation's largest government-run utility ignored two small leaks that could have provided a warning years before a coal ash pond collapsed, flooding a neighborhood with a billion gallons of sludge, a former federal regulator contends. Jack Spadaro ...
Top 10 news stories for 2008 - Harrison Daily TimesIn the early morning hours of Feb. 6, Stephen Williams, 28, of Bryant left a Little Rock bar in his pickup. Witnesses said he was very drunk, even describing him as “out of it.” Click image to enlarge In fact, he was so “out of it” that he ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Rohm & Haas shareholders: They easily rank as the biggest winners this week. Amid all the dismal news, Dow Chemical offered up this gift to ...
Goody's liquidation confirmed - Knoxville News SentinelGoody’s Family Clothing will begin going-out-of-business sales on Friday according to a published report. Bob Carbonell, chief credit officer for retail credit rating service Bernard Sands, confirmed with the News Sentinel that the Knoxville-based ...
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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