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Financial News
Lehman Head Of Mortgages To Leave Firm - Wall Street Journal
Ted Janulis, the head of Lehman Brothers Holdings Inc.'s mortgage unit, is leaving the Wall Street firm. Mr. Janulis, global head of mortgage capital at Lehman, will retire next month, the firm said. Mr. Janulis, a member of the firm's senior ...

Segway Polo Nerds; Also: Your Mortgage Hardball E-Mails - CNBC
While the rest of you are glued to the so-called "sports" at the Olympics, like running and jumping and swimming and...trampoline...the REALLY hot sport of the moment is Segway Polo. Check out the logo! Apple co-founder Steve Wozniak is a player/fan ...

On Rodeo Drive, the economy's booming - Los Angeles Times
“The people we do business with aren’t affected by the economy,” says one salesman at a luxury retailer in Beverly Hills. Above, a Jimmy Choo store on Rodeo Drive. Gas, food and mortgage costs? Not a worry for these shoppers. Steve Thorne, 54 ...

Dollar Falls on U.S. Manufacturing Slump, Credit-Market Losses - Bloomberg
Aug. 21 (Bloomberg) -- The dollar fell against the yen on speculation a manufacturing industry contraction and credit- market losses will prompt the Federal Reserve to hold off from raising interest rates. The U.S. currency also slid against the euro ...

Palm Beach County home prices, sales fall again - Fort Lauderdale Sun-Sentinel
Price cuts still ruled in June as South Florida's housing slump trudged into its 30th month. Palm Beach County 's median price for existing homes was $334,300, off 12 percent from $377,900 a year ago, the Florida Association of Realtors said Thursday ...

Dollar Falls Against Yen, Euro Before U.S. Manufacturing Report - Bloomberg
Aug. 21 (Bloomberg) -- The dollar fell against the yen before a central bank report forecast by economists to signal manufacturing contracted, undermining the case for the Federal Reserve to raise interest rates. The U.S. currency also weakened ...

Folks about town - Columbia Star
Amy Stone, vice president of retail recruitment for City Center Partnership, has been appointed to the Board of Trustees for the University of South Carolina. Dr. Stephanie Y. Mitchem has been named director of USC's African American Studies Program ...

MAHONING COUNTY - Vindicator
Luther Griffiths, legal age, 3711 Indian Run, #12, Canfield, and Barbara A. Bero-Cole, legal age, 2575 Mount Vernon Ave., Youngstown. Mark B. Bretschneider, 51, of 16610 Lincoln Ave., Berlin Center, and Marjorie L.Healey, 48, of same. Theodore J ...

Commercial Deed Transfers for Aug. 11-Sept. 7 edition - Star-Banner
Dangelo Rental Properties LLC to RC Mobile Home Service Inc. Marion County: $215,000. Mercedes Homes Inc. to Lori Bridges. Marion County: $225,000. Kirk Boone Trust to Thomas Kerk Sanders. Marion County: $235,000. Space Coast Truss Inc. to Donald N ...

August 2008 - Posts - MSNBC Firstread
Obama answered "Yes" when a reporter from USA Today asked if he'd made up his mind on his VP choice. He didn't say who, and he demurred when asked if he'd told the individual. "Uh, that's all I'm going to comment on," he said, according to audio on ...

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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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