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GLOBAL MARKETS WEEKAHEAD-Dollar resurgence and emerging decline - Guardian UnlimitedLONDON, Sept 7 (Reuters) - Investors are likely to be wrestling this week with two new factors that have arisen to complicate an already tricky environment -- a sharp about-face in currency trading and signs of trouble in emerging markets. They will ...
Local IndyMac layoffs reach 128 - Sacramento Business JournalPa. sues nation's biggest payday lender IndyMac announces 52 percent increase Regulators take over IndyMac Bank in one of nation's largest bank failures Putnam to acquire 50-percent stake in PanAgora from Lehman IndyMac Federal Bank has let go 128 ...
Our Three-Decade Recession - Common DreamsThe news media and the government are fixated on the fact that the U.S. economy may be headed into a recession -- defined as two or more successive quarters of declining gross domestic product. The situation is actually much worse. By some measures ...
Wall Street holds on to gains after Fed decision - Daily OklahomanNEW YORK (AP) -- Wall Street posted a sizable advance Wednesday after the government reported a larger-than-expected increase in orders for big-ticket manufactured goods that indicated the economy could be stronger than some investors thought. Brody ...
Universal Technical Institute Announces Interim Chief Financial ... - PR NewswirePHOENIX, Feb. 11 /PRNewswire-FirstCall/ -- Universal Technical Institute Inc. (NYSE: UTI) , a provider of technical education training, today announced that Eugene S. Putnam, Jr. assumed the role of Interim Chief Financial Officer of the Company. Mr ...
Bayer ''Raises the Roof'' for a Good Cause - CSR Wire(CSRwire) SOUTH CHARLESTON, W.Va. - During the first week of May, employees at Bayer MaterialScience's South Charleston, W.Va., facility and Bayer CropScience's Institute, W.Va., plant will join with Habitat for Humanity of Kanawha & Putnam County ...
MARHedge San Francisco - 13th Annual Institutional Investment ... - MARUniversity of California at Los Angeles After serving as assistant and associate professor at Harvard University, Edward E. Leamer joined the University of California at Los Angeles in 1975 as Professor of Economics and served as Chair from 1983 to ...
Kass: 11 Good Omens - Street.Com"It's a couple of years ago, I'm having lunch with one of my favorite people, Greg, who runs Mega, a $2.5 billion long-short equity hedge fund. Greg is the best! He is about 60 years old, worth at least a half a billion dollars, with a formidable ...
Two new Investors Group partner funds - CNW GroupIncome production, precious metals investing opportunities are focal points WINNIPEG, April 25 /CNW/ - Investors Group is adding two new funds: IG Putnam U.S. High Yield Income Fund and IG Mackenzie Global Precious Metals Class(*). Investments that ...

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Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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