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Forecasters: tough road ahead for the economy - Journal TimesWASHINGTON - The country is sinking deeper into the economic doldrums, and it's likely to stay there for a while. That's part of the latest outlook from forecasters in a survey to be released Monday by the National Association for Business Economics ...
November 2008 - Reuters BlogsInvestors have snapped record amounts of secondary shares issues by financial companies needing to finance their latest takeover, or merely re-capitalize after huge mortgage-related losses, despite stocks bouncing around like yo-yos. Last week’s ...
Hard times hit home - Bozeman Daily ChronicleFix the housing crisis first. Pass another economic stimulus package. Help people with no health care. Don’t raise taxes. Just do something! ERIK PETERSEN/CHRONICLE Signs posted at Linens-N-Things in Bozeman announce their going-out-of-business ...
Phoenix News Stories - Atlanta Journal ConstitutionTAMPA, Fla. (AP) — Barry Melrose's return to the NHL as coach of the Tampa Bay Lightning lasted 16 games. Now the job belongs to assistant Rick Tocchet... 3 big-city mayors seek share of federal bailout (11/14/2008) SAN FRANCISCO — As three major ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. The financial sector has had a bad year, and it’s just getting worse. Today, shares of Goldman Sachs Group and American Express were down ...
Barack Obama is warned to beware of a ‘huge threat’ from al-Qaeda - Times OnlineBarack Obama is being given ominous advice from leaders on both sides of the Atlantic to brace himself for an early assault from terrorists. General Michael Hayden, director of the CIA, this week acknowledged that there were dangers during a ...
Nick Robinson's Newslog - bbcNEW YORK: Gordon Brown has signalled that he regards help for people on low incomes as the most efficient way to stimulate the economy. Speaking in New York, the prime minister said there was a huge debate about what works, and suggested that ...
Gold miners hunker down amid financial storm - ForbesNorth American mining companies are hunkering down to ride out a global economic slowdown; looking to rein in spending and perhaps delay some projects and exploration. Barrick Gold Corp. (nyse: ABX - news - people ) and Newmont Mining Corp. (nyse ...
Chase, Wells Fargo hunker down for long haul - Houston ChronicleNEW YORK — In the midst of one of the nation's worst credit crises, JPMorgan Chase and Wells Fargo managed to report better-than-expected third-quarter results today. But even two of the country's strongest banks proved they are not immune to the ...
Struggling IndyMac borrowers may be in the dark about offer to lower ... - Los Angeles TimesThe Federal Deposit Insurance Corp.'s program to lower loan payments for struggling borrowers with mortgages from IndyMac Bank has been lauded by consumer advocates and government leaders as a model of foreclosure prevention. But when the FDIC, which ...
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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