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Execs' posh retreat after bailout angers lawmakers - Seattle Post Intelligencer
Former CEO of AIG Martin Sullivan, center, waits to testify later today before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008, as lawmakers probe the role of insurance giant AIG in the ...

New Panic is proof of big league crisis - Financial Times
Monday’s fresh outburst of panic on global markets was final proof that as financial crises go, we are now in the big league. Comparisons with the dotcom bubble or even the Asian crisis of 1997 are inadequate. We must think of 1987 or 1929. With ...

Congress scolds former AIG executives over crisis - North County Times
Former CEO of AIG Martin Sullivan, center, waits to testify later today before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008, as lawmakers probe the role of insurance giant AIG in the ...

Federal bailout lacks control of home loans to aid owners - Boston Globe
The federal bailout may do little to help struggling homeowners because the US government will not have direct control of many of the home loans that need reworking to avoid foreclosure, economists and housing analysts say. Under the plan, the ...

Commentary: Bailout should treat the root cause, not the symptoms - CNN
Editor's note: Jesse L. Jackson Jr., a Democrat, has represented the second district of Illinois since 1995. He is a national co-chairman of Barack Obama's campaign. Jackson voted against the bailout plan presented in the House on Monday. For a ...

AP/Lawrence Jackson - Killeen Daily Herald
WASHINGTON – After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republican opposition softened. Senators loaded the ...

No show' Weller may get chance on bailout vote - Chicago Tribune
WASHINGTON - Unlike every other House member, Rep. Jerry Weller will never be blamed for voting the wrong way on the rejected $700 billion bailout bill for dealing with the nation's economic crisis. But he will get a chance. The Illinois Republican ...

Bailout passes Senate, House foes soften - Washington Post
Minority Whip Roy Blunt, R-Mo., left, followed by House Minority Leader John Boehner, R-Ohio, center, Rep. Eric Cantor, R-Va. walks on Capitol Hill in Washington, Monday, Sept. 29, 2008, prior to addressing the media. (AP Photo/Lawrence Jackson ...

Leisure Living: Prices holding up in ski areas - Kansas City Star
Ski season's coming, and with it the traditional flurry of sales in second-home markets in mountain resort towns in the West. Locals are hoping this season reverses the downhill slide in sales caused by the national housing recession and tight credit ...

Mortgage fraud ringleader sentenced to 13 years - Forbes
A Kansas City businessman was sentenced to 13 years in prison for a $17 million mortgage fraud scheme that included buying a home owned by former Jackson County Executive Katheryn Shields and her husband. Raymond Zwego Jr. will also pay nearly $5.6 ...

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Advent Evans Given Le Roy Ravenswood Sandyville
Cottageville Gay Kenna Millwood Ripley

Today's Mortgage Terms starting with G

  • Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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