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Beazer Shares Drop on Report of Eighth Straight Loss (Update1) - Bloomberg
Dec. 2 (Bloomberg) -- Beazer Homes USA Inc. , the U.S. homebuilder under investigation by the Justice Department, fell 8 percent in New York trading after the company reported a loss five times larger than analysts had projected. The fiscal fourth ...

COURTS: Judge: Lender should have first dibs in condo foreclosure sale - Lockport Union-Sun
An existing order by a state Supreme Court justice says the mortgage-holder on Victorian Village condominiums should have first dibs on the proceeds of any foreclosure sale. State Supreme Court Justice Ralph A. Boniello III already ruled that Graham ...

Brown Offers 1 Billion Pound Mortgage Loan Guarantee (Update2) - Bloomberg
Dec. 3 (Bloomberg) -- Prime Minister Gordon Brown said the U.K. government will guarantee interest payments worth up to 1 billion pounds ($1.5 billion) owed by homeowners struggling to keep up with mortgages, an effort to prevent home repossessions ...

A Look At Beazer from Quarter-to-Quarter - Seekingalpha.com
Beazer Homes ( BZH ) is busy fixing many things: Restating financials from over a multi-year period, dealing with multiple justice department investigations, crafting a new mortgage origination agreement with Countrywide/Bank of America ( BAC ...

Saved by the loan arranger - The Sun
GORDON Brown’s mortgage rescue package is a masterstroke. It will give help to thousands at the very moment they need it. This is a far more productive use of government money than frittering away billions on state jobs which aren’t needed. The ...

David Gregory in line to succeed Tim Russert on ‘Meet the Press’ - News Muckety
David Gregory is in talks with NBC News to become the next moderator of “Meet the Press,” the popular Sunday news show. If the deal is consummated, the baby-faced White House correspondent and fill-in “Today” show host will face an enormous ...

Patrick names Superior Court judge to Mass. SJC - Boston Globe
BOSTON— Gov. Deval Patrick on Monday nominated Suffolk Superior Court Judge Ralph Gants to fill a vacancy on the Supreme Judicial Court, citing the jurist's "intellectual horsepower" and "reverence for justice" as reasons to add him to the state's ...

Veteran judge nominated for SJC - Boston Globe
Governor Deval Patrick today nominated Superior Court Judge Ralph Gants to be an associate justice of the Supreme Judicial Court. "Judge Gants brings a powerful combination of strong intellect and real world understanding. He has been a thoughtful ...

AP sources: Patrick to name Gants to Mass. SJC - Worcester Telegram & Gazette
BOSTON— Gov. Deval Patrick has chosen a veteran Suffolk Superior Court judge to fill a vacancy on the state's highest court, according to a pair of administration officials briefed on the choice. Ralph Gants would replace Supreme Judicial Court ...

Homeowners to get two-year mortgage interest 'holiday' if their income ... - Daily Mail
Homeowners will be spared the threat of repossession under a new government-backed scheme to guarantee mortgages, Gordon Brown announced this afternoon. Under a deal agreed with Britain's eight major lenders, who cover 70 per cent of all mortgages ...

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Today's Mortgage Terms starting with R

  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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