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Credit crunch, economy squeeze U.S. phone companies - San Diego Union-Tribune
NEW YORK – U.S. phone companies, once regarded as resilient to economic crises, are feeling the pinch of this downturn as frozen credit markets stall the mergers and investments they need to grow and compete against cable services. Phone companies ...

Pharma, big biotech may avoid credit ills, report says - San Diego Union-Tribune
NEW YORK – The credit crunch could prove to be a boon for large pharmaceutical and biotechnology companies based on their limited exposure to the debt markets, according to two reports from analysts. Drug makers have stayed out of the “cheap debt ...

Work Outs Good for Banks, Too - Voiceof San Diego
The settlement struck to end 11 states' lawsuits against Countrywide Financial Corp. adds another model for lenders to look at when trying to deal with their portfolios of troubled mortgage debts. That was what Paul Leonard, director of the Center ...

A rising tide of ‘underwater’ homeowners - MSNBC
The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults — the very misfortune that touched off the credit crisis last year. The ...

Nearly 1 in 6 home owners 'under water' - Chicago Sun-Times
The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults — the very misfortune that touched off the credit crisis last year. The ...

A home page for bidding on foreclosures - Los Angeles Times
Internet sales of distressed homes offer a convenient way to buy, but also a host of unknowns: Faraway investors won't know what they're buying into. Some firms see a place for an online market in distressed properties. Drawn by the convenience ...

Subscriber Log In - Wall Street Journal
Accounting Advertising Airlines Autos Banking Chemicals Computer Hardware Computer Software Consumer Products Defense & Aerospace Energy Broadcasting & Entertainment Financial Services & Insurance Food & Tobacco Hospitality Industrial Goods ...

Viewer Stories: Retirement Prospects Dim - WSB-TV Atlanta
I would have had my house paid off by retirement and I am 59. I had to refinance another 30 years so my payment would be low enough so I could eat and go to work. Diane from Orlando, Fla. I lost my home a few years ago after divorce. Living paycheck ...

New foreclosure laws changing landscape for service members - Navy Compass
In these difficult financial times, the uncertainty of the housing markets may be the most trying on military families. Both Congress and the State legislature are taking actions to relieve the impact of foreclosure on families across the state and ...

Contra Costa sues major Wall Street institutions over alleged bid ... - Inside Bay Area
Contra Costa sued nearly every major Wall Street financial institution Wednesday, arguing they conspired to fix bidding on its municipal bond investments, costing the county perhaps millions of dollars in higher interest payments, fees and credit ...

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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.

    View all Terms
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