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Paulson: More rescue plans examined - Long Beach Press-TelegramTreasury Secretary Henry Paulson speaks at the Fortune 500 Forum in Washington, Monday. Paulson says the administration is looking for more ways to tap a $700 billion financial rescue program and will consult with Congress and the incoming Obama ...
Wall Street cloud darkens Lehigh Valley - Allentown Morning CallCitigroup : 70,000. Wachovia : 10,000. Merrill Lynch: 5,100. Some of the biggest names in finance have been forced to shed thousands of jobs from their banking, mortgage and brokerage arms amid the economic calamity roiling the world's markets. Even ...
Refugee center shifts focus to foreclosure intervention - Tribune-ChronicleMusicians with the Mien Legend Culture group, Frank E-Yoon Lee, near, VaneLiam Saechao, middle, and Chiemsio Saechao play music to bless the building during an open house for the new Lao Family Community Development's facility in Oakland, Calif., on ...
New mortgage crisis looms amid current meltdown - East Valley TribuneWASHINGTON - The 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 ...
Meltdown far from over, new mortgage crisis looms - Napa Valley RegisterWASHINGTON - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...
Great Wolf talking with lenders about mortgage extension - Milwaukee Journal SentinelDec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...
Latest bailout aimed at consumer - Tribune-ChronicleNov 25: Homeowners say no help from lenders Refugee center shifts focus to foreclosure intervention Home building slump continues Home prices slide at record annual pace Homeowner workshop Thursday Dec. 4 Amid populist discontent about financial ...
Deed transfers for the Dec. 1-28 edition - Star-BannerWarranty deed transfers in excess of $80,000 involving businesses as recorded at the Marion County Clerk of the Circuit Court's office from Sept. 29-Oct. 24. Compiled by Darrell G. Riley: Oct. 20-24: Steven Dube to S & S Group LLC. Marion County: $98 ...
Lehigh Valley Congregations serve up Thanksgiving, and more video - Allentown Morning CallDick Schermerhorn has served a few plates of turkey in his day, dishing it out annually at St. Paul's Lutheran Church in Allentown every Thanksgiving for 29 years. This year, with the economy ever more stressed by credit crises and mortgage meltdowns ...
COURTS: Judge: Lender should have first dibs in condo foreclosure sale - Lockport Union-SunAn existing order by a state Supreme Court justice says the mortgage-holder on Victorian Village condominiums should have first dibs on the proceeds of any foreclosure sale. State Supreme Court Justice Ralph A. Boniello III already ruled that Graham ...
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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