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What Mervyn didn't say - bbcThe slightly odd thing about Mervyn King's speech last night is that it didn't address the issue of what the central bank, the Bank of England , could do better next time. King's analysis of what went wrong is spot on, as always. In a nutshell our ...
Sarah Palin attacks over Barack Obama's link to a '60s radical - Los Angeles Times BlogsWith exactly one month until election day, will Bill Ayers , the anti-Vietnam War radical who helped found a bomb-planting protest group, morph into what some observers earlier had predicted -- the Willie Horton of the 2008 presidential campaign ...
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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