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TREASURIES-Bonds ease on lower-than-expected jobless claims - ReutersNEW YORK, Aug 21 (Reuters) - U.S. Treasuries fell on Thursday after lower-than-expected weekly jobless claims data, although price drops were limited by continuing worries over the health of financial companies and the mortgage market. The number of ...
Lone Star Funds to buy IKB, German victim of US subprime mortgage ... - Los Angeles TimesFRANKFURT, Germany (AP) _ German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German company's biggest shareholder said ...
US OKs Metlife buy of residential mortgage assets - ReutersWASHINGTON, Aug 21 (Reuters) - U.S. antitrust authorities have given approval for a unit of insurer MetLife Inc (MET.N: Quote , Profile , Research , Stock Buzz ) to acquire a residential mortgage business from First Tennessee Bank N.A., the Federal ...
Breaking up is hard to do - don't make it harder with bad financial ... - Boston GlobeThere's one thing to be said about celebrity train-wreck marriages: Folks like Alex Rodriguez, Phil Collins, and Morgan Freeman can afford to make big fat divorce settlements, and move on. That's not so true for most people. Tough economic times are ...
Stocks open lower on financial sector worries - Seattle Post IntelligencerNEW YORK -- Stocks are falling in early trading amid growing anxiety over the financial sector, particularly mortgage financiers Fannie Mae and Freddie Mac and the investment bank Lehman Brothers Holdings Inc. Another rise in the price of oil also ...
Shares of Masco fall as building permits decline - MSN MoneyCentralNEW YORK (AP) - Shares of Masco Corp., a home improvement and building products company, fell Thursday after word that new building permits declined and a Wall Street analyst issued a negative report on the sector. The New York-based Conference Board ...
Fannie, Freddie rescue plans leave many anxious - ForbesA government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions in preferred shares of the mortgage finance giants as assets. Speculation has been building on Wall Street ...
Stocks point lower on financial sector worries - Chicago Sun-TimesNEW YORK -- Wall Street headed for a lower open Thursday amid growing anxiety over the financial sector, particularly mortgage financiers Fannie Mae and Freddie Mac and the investment bank Lehman Brothers Holdings Inc. Another rise in the price of ...
Fannie, Freddie shares stabilize - Miami HeraldWASHINGTON Shares of troubled mortgage finance companies Fannie Mae and Freddie Mac stabilized Thursday in late morning trading, reversing three days of double-digit declines. Shares of the two companies - which together hold or guarantee half the U ...
Anxiety Over Fannie, Freddie Rescue - CBS News(AP) A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions in preferred shares of the mortgage finance giants as assets. Speculation has been building on Wall ...

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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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