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Investment Sales - New York Observer
Macklowe Properties Chairman Billy Macklowe. Hot damn! The Real Deal is reporting that Deutsche Bank is suing Macklowe Properties "to foreclose on $482 million in principal loaned to develop the Drake Hotel site at Park Avenue and 56th Street ...

Mortgage Lenders Plus.com Shows More than 10 Million FHA Loan ... - PRWeb
Mortgage Lenders Plus.com Shows More than 10 Million FHA Loan Borrowers May Be Eligible for Rebates FHA loans allow borrowers to finance and refinance their homes. Mortgage Lenders Plus.com has released a new column to show how some of those ...

The Conservative Origins of the Sub-Prime Mortgage Crisis - Common Dreams
Hardly a day goes by without a news story about the accelerating number of foreclosures, an economic tsunami that is causing chaos in the housing and stock markets, the banking industry, and the global money markets, not to mention upending families ...

Student Loan Potpourri - Inside Higher Ed
New York Attorney General Andrew M. Cuomo issued a new salvo in his six-month investigation into relationships between colleges and lenders, this time aimed at university athletics departments. Cuomo sent subpoenas or information requests to 39 ...

Stimulus package heads to Bush - Raleigh News & Observer
Voting yes: Democrats G.K. Butterfield, Bob Etheridge, Mike McIntyre, Brad Miller, David Price, Heath Shuler and Mel Watt, and Republicans Virginia Foxx, Robin Hayes, Walter Jones, Patrick McHenry and Sue Myrick WASHINGTON - Congress passed an ...

Foreclosures rose 75% in 2007 - Deseret News
The number of U.S. homeowners entering the foreclosure process climbed 75 percent in 2007 from a year earlier, as mortgages became more difficult to refinance and falling property values made it tougher to sell. Despite the increasingly difficult ...

Commercial brokers plan merger - Raleigh News & Observer
The acquisition of Trammell Crow is likely to bolster CB Richard Ellis Group's Triangle presence. CB Richard Ellis, which has 17 brokers and five property managers in Raleigh, manages a portfolio of about 4.1 million square feet locally, said Butch ...

The Credit Crunch Squeezes Municipal Bonds - US News and World Report
Municipal bonds help cities, hospitals, museums, and universities raise cash to build bridges, new dormitories, and wards. They are generally considered some of the safest investments available. But the subprime sludge that has muddied so much of the ...

Bumpy Ride Ahead for Bankers - Inside Higher Ed
After years of operating in a favorable political environment, student loan companies woke up November 8 knowing that changes in Washington would probably mean trouble for their industry, which has enjoyed a close working relationship with ...

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Today's Mortgage Terms starting with H

  • Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
  • Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
  • Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

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