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Carlsberg Cuts Forecast, Will Close British Brewery (Update2) - BloombergNov. 5 (Bloomberg) -- Carlsberg A/S , the Nordic region's largest brewer, lowered its full-year earnings and sales forecast and said it will cut jobs and close a U.K. plant amid ``deteriorating'' markets in northern and western Europe. Sales this ...
Carlsberg trims the froth - The AgeCarlsberg, the Nordic region's largest brewer, lowered its full-year earnings and sales forecast and said it will cut jobs and close a UK plant amid "deteriorating" markets in northern and western Europe. Sales this year will rise 7% excluding ...
Public safety, no more taxes, and CIRSSD - Hibbing Daily TribuneHIBBING — Six Hibbing residents wanting to be part of city leadership fielded questions about the economy, economic development and city services during a series of forums Tuesday. The debates focused on council candidates for Wards A, D and E. The ...
Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
View all Terms