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Plane facts: GM cutting back fleet - Detroit NewsGeneral Motors Corp. has been thinning its corporate jet fleet. Ford Motor Co. continues to explore ways to curtail travel expenses. And Chrysler LLC doesn't even own planes anymore. The CEOs of Detroit's Big Three didn't mention those facts this ...
Buzz: Down payment assistant programs doing brisk business - Record SearchlightShasta County has run out of money. The city of Redding is scrambling to find more. Welcome to DAP circa 2008. DAP stands for down payment assistant program and with home prices plunging and mortgage rates low, interest in this aid is booming. Shasta ...
People of modest means hitched hopes on Little Lake Street - San Diego Union-TribuneIt produced easy money for speculators and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. NELVIN C. CEPEDA / Union-Tribune A "repo" bus tour through Otay Ranch stopped recently on Little Lake ...
Regulators shut down Downey Savings and Loan - Mojave Daily NewsWASHINGTON - Federal regulators on Friday shut down two big thrifts based in Southern California, saying they fell victim to the acute distress in the housing market in that state. The failures of Downey Savings and Loan Association, based in Newport ...
Area home sales fall 7 percent in October - Buffalo NewsHomes sales across Erie and Niagara counties slid 7 percent last month compared to October 2007, but local buyers and sellers are still bucking national trends of double-digit drops. “It’s down, but it’s a small negative compared to what’s ...
Heavy Lake-Effect Snow Blankets Great Lake States - FOX NewsERIE, Pa. — As much as 2 feet of snow fell around parts of the Great Lakes region Monday, making driving hazardous and closing some schools. Cold wind picked up moisture from the lakes to produce lake-effect snow that piled up on the eastern and ...
Woman leaves red ink behind - Buffalo NewsNorma Winkowski of West Seneca worked herself up from near bankruptcy years ago to — she boasts — an “impeccable credit rating now.” For those trying to escape financial quicksand, Winkowski says it can be done –but with a bit of discipline ...
Alexandria native joins MidSouth Bank - Alexandria Daily Town TalkBATON ROUGE -- Kimberly Stephens has joined MidSouth Bank as Vice President and Commercial Loan Officer at its Jefferson Highway location in Baton Rouge. In her new role, Stephens will be serving existing commercial clients and developing new ...
Street of risk and loss - San Diego Union-TribuneIt produced easy money for specula-tors and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. Few streets in the county have witnessed as dramatic a turnaround as Little Lake. Nestled in the heart ...
More Utah homeowners are facing foreclosure - Daily HeraldAs the deepening financial crisis and growing unemployment in Utah County compounds the problem of foreclosures, a worrying trend is emerging among those considered to be most at risk, according to a real estate research consultant. "When someone is ...
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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