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John McCain on the mortgage crisis: "Any assistance must be temporary" - Salon
"It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers." Editor's note: John McCain addressed the mortgage crisis at the Orange Country Hispanic Small Business Roundtable on ...

FTI Consulting Identifies Key Drivers Affecting Corporate Borrowers ... - PR Newswire
BALTIMORE, Jan. 31 /PRNewswire-FirstCall/ -- FTI Consulting, Inc. (NYSE: FCN) , the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, has identified several key drivers that it expects will ...

Just Saw This Attack Ad on TV Here in North Carolina - ABC News Blogs
The ad can be watched HERE . The script: "Fannie Mae. Freddie Mac. Dodd. Frank. Raines. Johnson. Pelosi. Barack Obama. They defended Fannie and Freddie. AWOL on reform. "Raines and Johnson ran Fannie, pocketing hundreds of millions of dollars. Fannie ...

How did it all happen? - Meganmcardle.theatlantic.com
As I write this, the dow is down 430 points, below 10,000 for the first time in four years. Tyler Cowen has published his list of what went wrong, with which I largely concur. Another way to think about it is as a series of cognitive errors that ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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