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Money 911: Solutions for your recession woes - MSNBC
Should the recession affect your money management? Is it a good idea to take money out of a 401K to pay off your mortgage? TODAY financial editor Jean Chatzky offers advice on these timely issues, plus wise words about protecting your credit ...

Sinking economy not bad news for all Rhode Island companies - Providence Journal
Chris Broadmeadow, a tow-truck driver for Preferred Recovery and Towing, reads a list of repossession addresses with his boss, business owner Mark Labbe, right. Business has been so brisk for the company that it just added another truck to its fleet ...

Providence wants bigger piece of housing pie - Providence Journal
PROVIDENCE — The city is expected to receive more than $9 million to stimulate investment and stabilize neighborhoods hardest hit by home foreclosures under a plan the state is submitting to the federal government on Monday. But the city, which is ...

Tingle takes on Reed for 2nd time - Providence Journal
Sen. Jack Reed tells the elderly at the Woonsocket Senior Center about how he changes diapers, now that he’s a first-time father. At right is Bertha Lesperance of Woonsocket. Below, Robert Tingle, a pit boss at Foxwoods, speaks at a candidate’s ...

Business events scheduled for the coming week - Forbes
WASHINGTON - Weekly Treasury auction; Weekly Treasury briefing; Commerce Department releases existing home sales for September, 10 a.m. ST. LOUIS - Arch Coal Inc. reports third-quarter financial results. LOUISVILLE, Ky. - Humana Inc. reports third ...

Scott, Capalbo challenge Kennedy — again - Woonsocket Call
It’s déjà vu all over again for voters in Rhode Island’s 1st Congressional District. In a rematch of the 2006 race, Democratic incumbent Patrick Kennedy is facing Republican Jon Scott and independent Ken Capalbo. Two years ago, Kennedy won with ...

Around the nation - Houston Chronicle
Former Refco Group President Tone Grant entered a prison in Duluth, Minn., to begin serving a 10-year sentence for defrauding investors of $2.4 billion in an eight-year accounting scheme. Grant, 64, was convicted in April by a jury in Manhattan ...

R.I. housing prices drop to 5-year low - Providence Journal
Rhode Island’s single-family house prices fell to their lowest level in five years during July, August and September, as banks and distressed borrowers sold off properties at steep discounts, according to a report scheduled to be released today by ...

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Today's Mortgage Terms starting with T

  • Term: The period of time in which a loan must be paid off.
  • Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
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