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Financial News
Uncle Sam: Not Too Big To Fail - Forbes
The Wall Street of my youth is a fond memory. I remember visiting Lehman Brothers (nyse: LEH - news - people ) at the company's town house on William Street. A handful of partners operated as investment bankers in a very quiet setting. Morris ...

If You Want Warren Buffett, First Call Goldman Sachs - Wall Street Journal
If it’s good enough for Goldman Sachs, it’s good enough for Warren Buffett. Warren Buffett has been approached by many firms for capital because his aura of stability and track record as a steady, successful investor offers other companies a ...

No Silver Bullets Here - Washington Post
To hear it from critics on the left and right, the Bush administration and legislative leaders were in such a rush to pass a "$700 billion bailout for Wall Street " that they failed to consider much simpler, cheaper, common sense approaches. In fact ...

Many pieces go flying from mortgage implosion - Dallas Morning News
WASHINGTON – Your taxpayer credit card is on the counter, all set to get the economy moving again. Caveat emptor – let the buyer beware. The value of the mortgage-backed securities the federal government is set to buy is hard to decipher when the ...

A trail of bad deals and good deeds - St. Petersburg Times
In 1985, a Miami accounting whiz named Bill Planes went to federal prison. His crime: Embezzling more than $140,000 from a troubled Hollywood mortgage company he had been hired to resurrect. His future prospects: Not so good, it seemed. The Miami ...

Obama: Aim for fundamental change - Detroit Free Press
QUESTION: The John McCain campaign has decided to pull its staff out of Michigan and concentrate on Ohio and some other states where they think it will be more valuable. ... Your reaction to that? Is it a surprise, and will we be seeing less of you ...

Washington: Area lawmakers split on bailout - Chattanooga Times Free Press
WASHINGTON — In the end, after a week of talking to pension managers, bankers and anxious constituents, Rep. Zach Wamp, R-Tenn., concluded that he had to reluctantly vote in favor of the $700 billion Wall Street bailout that passed Friday afternoon ...

The Billionaire Bailout Plans - Wall Street Journal
So Congress finally approved a bailout plan. Over the coming days, pundits and economists will debate the virtues and pitfalls of the $700 billion package. For comparison, I thought I’d serve up some of the alternative plans offered by a few ...

Credit Ratings - Chicago Tribune
NEW YORK (AP) _ Pessimism about a protracted economic downturn washed over the financial markets Thursday, sending stocks plunging and further tightening the credit markets. Reports on declining factory orders and a seven-year high in jobless claims ...

Wedding Revelations Amid Financial Crisis - Washington Post
Resize It's Wedding Week at washingtonpost.com, which means all your wedding resources in the form of live Q&As, articles and multimedia about that special day is pulled together on one convenient page . This year's edition features one story that I ...

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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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