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Obama girls get to see their new White House rooms - Post-Bulletin
WASHINGTON -- Malia and Sasha Obama got a tour of their new White House digs from Jenna and Barbara Bush on Tuesday and checked out potential schools, capping a busy few days looking into their new life in the nation's capital. President George W ...

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 ...

McCain housing proposal: Easier said than done - Washington Post
Republican presidential candidate, Sen. John McCain, R-Ariz., smiles as he is greeted during a rally for him and Republican vice-presidential candidate, Alaska Gov. Sarah Palin, at Lehigh University in Bethlehem, Pa, Wednesday, Oct. 8, 2008. (AP ...

McCain: No there there for Obama - Boston Globe
In his first post-debate appearance, John McCain promoted his plan to have the federal government directly buy mortgages and refinance them at lower interest rates to help beleaguered homeowners. "We need to act quickly and decisively," he told ...

Barack Obama's, John McCain's economic plans aimed at swing states ... - Dallas Morning News
WASHINGTON – When Barack Obama announced his latest batch of ideas to help the economy this month, he chose an appropriate setting: Toledo, a city struggling with high unemployment and the biggest house-price declines in Ohio. When John McCain ...

JPMorgan Swap With Alabama Drawn Into Criminal Probe (Update2) - Bloomberg
Oct. 29 (Bloomberg) -- The U.S. Justice Department is investigating a derivative trade between the state of Alabama and JPMorgan Chase & Co. as part of a nationwide criminal probe. The Justice Department subpoenaed documents about a so- called ...

Even major players feel serious squeeze as revenue drops, debts rise - Las Vegas Sun
Casino companies’ earnings are plummeting by double digits. Debt costs are rising for many companies. And their customers are spending less. In the financial world, in this economy, those are the trend lines of doom. Indeed, a few smaller operators ...

Cautious reception for mortgage plan - Allentown Morning Call
Use the home in question as their primary residence. Prove they were worthy of credit when they took the original loan. Have provided a down payment on the home. Local housing and banking experts are reacting cautiously to John McCain 's proposal to ...

Credit cards woes coming to a head - Allentown Morning Call
Bankruptcy attorney Michael McCrystal sees it all the time: A homeowner fearing foreclosure begins charging the groceries, the gasoline and the other day-to-day expenses to a credit card, hoping to stay afloat as long as possible. ''That's how people ...

Duneland School Board Election pits Barkow against Custer - Chesterton Tribune
Today candidate coverage in the Chesterton Tribune highlights the candidates running for the at-large seat on the Duneland School Board. The candidates are incumbent Janice Custer and challenger William Barkow. Both live in Chesterton. The other ...

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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.

    View all Terms
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