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Just the Facts... - Safe Haven
For the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...

Pomeroy continues its turnaround - Cincinnati.com
Hebron-based Pomeroy IT Solutions posted its second consecutive quarterly profit in the third quarter, boosted in part by renegotiated contracts and job cuts. On Wednesday, Pomeroy reported third-quarter net income of $1.8 million, or 15 cents per ...

Fitch Ratings Downgrades 5 Classes of JPMCC 2004-PNC1; Assigns ... - Earthtimes
CHICAGO - (Business Wire) Fitch Ratings downgrades and assigns Rating Outlooks to J.P. Morgan Chase Commercial Mortgage Securities Corp., commercial mortgage pass-through certificates, series 2004-PNC1, as follows: --$6.9 million class K to 'BB ...

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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