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Mall safe despite owner's struggles Glenbrook would draw buyers, stay ... - FortWayne.com
Glenbrook Square’s owner is teetering on the verge of bankruptcy, but retail experts say the Fort Wayne mall probably will keep its doors open. If owner General Growth Properties Inc. declares bankruptcy, Glenbrook would likely be sold and continue ...

Consider the source when buying gift cards - Evening Star
Gift cards are a popular holiday purchase, but buyers and recipients should remember the cards are only as good as the issuer. Federal law does not require retailers and other gift-card issuers to honor the cards in the event of bankruptcy because ...

Glenbrook owner warns of bankruptcy - Evening Star
The Glenbrook Square Mall property was assessed by Allen County at $185 million. The mall’s owner, General Growth Properties, is fighting the assessment. Shoppers continue to pack the parking lots and crowd the corridors of Fort Wayne’s Glenbrook ...

Mall safe despite owner's struggles - Fort Wayne Journal Gazette
Glenbrook Square’s owner is teetering on the verge of bankruptcy, but retail experts say the Fort Wayne mall probably will keep its doors open. If owner General Growth Properties Inc. declares bankruptcy, Glenbrook would likely be sold and continue ...

A Hanging Offense - Wall Street Journal
Yesterday we noted a story about liberals, prompted by the election of Barack Obama, making sudden shows of patriotism after shunning such displays for the past eight years. We wondered if the same thing had happened on the other side--that is, if ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Foreclosures hit record in August as housing prices fell - Evening Star
(Bloomberg) - U.S. foreclosure filings rose to a record in August as falling home prices made it harder to sell or refinance homes to pay off the mortgage, RealtyTrac Inc. said. Owners of 303,879 properties, or one in 416 U.S. households, got a ...

Glenbrook owner eyes bankruptcy General Growth Properties has $958M in ... - FortWayne.com
The Illinois company that owns Glenbrook Square warned this week that its debt coming due next month and through 2009 could force it to declare bankruptcy. Investors responded by dumping their stock in General Growth Properties and wiping out 75 ...

Debts put mall owner in doubt - Fort Wayne Journal Gazette
Locally General Growth owns and operates Glenbrook Square, northeast Indiana’s largest indoor mall, on Fort Wayne’s north side. CHICAGO – General Growth Properties Inc. shares plummeted Tuesday after the mall owner warned it faces solvency ...

Today's Mortgage Terms starting with E

Equity: The difference between the current market value of a property and the total debt outstanding against the property.

Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

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