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Asian shares retreat as economic fears nag - Boston GlobeHONG KONG (Reuters) - Asian shares fell on Thursday as more bad news piled up for the global economy, while the dollar and yen steadied as central banks in the UK and Europe were set to cut interest rates to their lowest in years. European shares ...
Online sales spike, mortgage action push stocks up - St. Louis Post-DispatchNEW YORK — Stocks rose for a second day Wednesday as a jump in online spending and a record increase in mortgage applications lifted retailers and banks, overshadowing concern the worsening recession will reduce demand for commodities. Amazon.com ...
The Awards Keep Rolling in for Standard Pacific - Carolina NewswireRALEIGH, N.C. -- Standard Pacific Homes, the 10th largest homebuilder in the country, has been on a winning spree in the Triangle these last few months. Most recently they were named a Silver Award Finalist for their Design Galleria located at Brier ...
Home sellers suffer amid wave of foreclosures - CNN MoneyNEW YORK (CNNMoney.com) -- Selling a home in this market is hard enough. Competing in a neighborhood flooded with foreclosed homes that are heavily discounted is nearly impossible. There are nearly a million repossessed homes on the market right now ...
Foreclosure Crisis - Daily Business Reviewdam and Suzette Coulton went house hunting with an ambitious target: They wanted a home with a pool and large yard for their 2-year-old son — and they wanted to pay no more than $500,000. A few years ago when home prices were rising, they would ...
Goshay: Optimism needed now more than ever - MetroWest Daily NewsPresident-elect Barack Obama made a simple observation Wednesday about the current economic crisis that some people may have missed. Something that, in our despair, we seem to have thrown out with the bath water. He said simply, "We'll get through ...
This 'n' that: American optimism needed now more than ever - Canton RepositoryPresident-elect Barack Obama made a simple observation Wednesday about the current economic crisis that some people may have missed, something that, in our despair, we seem to have thrown out with the bath water. He said simply, "We'll get through ...
Judge to Matt Amorello: Get a job, buddy - TradingMarkets.comThe ex-Big Dig bigwig and his estranged wife have run up an astronomical credit card debt, including more than $130,000 on her card, and have fallen behind on their mortgage payments by $17,000, according to their filings. Amorello, 50 -- who once ...
Briefs: Real estate school established in Southwest Florida - News-PressThe school will offer complete education in real estate, including appraisal, pre- and post-license sales, pre- and post-license broker, mortgage brokers and other national designation courses. Call 274-5588 for more information. Lee Architects ...
U.S. Stocks Rise, Led by Banks, Retailers; Amazon.com Jumps - BloombergDec. 3 (Bloomberg) -- U.S. stocks rose for a second day as a jump in online spending and a record increase in mortgage applications lifted retailers and banks, overshadowing concern the worsening recession will reduce demand for commodities. Amazon ...
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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