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Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Sometimes it takes a world-wide economic meltdown to remind you of how good you had it. It was just so for THL — former Thomas H. Lee ...

Independent HBOS fight 'gaining pace' - Scotsman
THE fight to save HBOS as an independent bank is still on, one of the two "banking knights" hoping to ride to its rescue told The Scotsman last night. Sir Peter Burt, HBOS's former deputy chairman, said the battle to stop the proposed takeover by ...

Labour trying to undermine rival HBOS bids–Salmond - Scotsman
ALEX Salmond increased the pressure on the UK government over the HBOS takeover yesterday, accusing Labour politicians of "leaking and briefing" in an attempt to undermine rivals to the Lloyds TSB bid. He also accused Gordon Brown, the Prime Minister ...

Full text: Letter to Lord Stevenson - BBC UK News
1. Following your conversation with Peter Burt we (George Mathewson and Peter Burt), are writing to outline our thoughts in relation to the proposed takeover of HBOS PLC by Lloyds TSB Group PLC. We are sure that you recognise the need for the HBOS ...

Obama's plan to change the economy - Salon
In the past quarter-century, there has probably never been a better time for a presidential candidate to charge into downtown Manhattan and make a speech arguing for more regulation of the financial industry. The moral authority of market ...

Owings Mills - Fort Lauderdale Sun-Sentinel
Drew Lenear in Owings Mills asks, "How much do [rain] surpluses help carry over when faced with a dry month later in the year?" That depends. During the winter, extra rain or snow is more likely to soak in and recharge soils and water tables. In ...

Mortgage rules crack down on fees, late changes - Cleveland Plain Dealer Blog
Federal housing officials unveiled today the first major mortgage reform in 30 years -- a move that will crack down on junk fees and prohibit lenders from making last-minute changes to home loan documents. So important is the overhaul that the ...

Bank of China sniffs HBOS - bbc
Bank of China , the giant Chinese bank, is the mystery bank that Jim Spowart and European American Capital hope will make an offer for HBOS to stymie the takeover bid from Lloyds TSB. It would be quite an event were it to happen. If Bank of China ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.

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