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BofA could move jobs to Charlotte - Charlotte Business Journal
Bank of America Corp. will likely relocate 650 jobs from the bank’s namesake skyscraper in midtown Atlanta to Charlotte unless the building gets a major renovation. BentleyForbes Group , owner of Bank of America Plaza in Atlanta, and attorneys ...

Tulare County real estate market hit by historic losses - Visalia Times-Delta
New real estate figures released for Tulare County this week present an ever-grimmer picture of the local fallout caused by the nationwide housing-market slump and economic downturn. Foreclosures are up, home values continue to slide, and one out of ...

The racing is over for the season but F1's off-track action is hotting ... - Daily Telegraph
However, off-track, another battle is coming to a head and the prize at stake is even bigger – the future of F1 itself. The sport is dominated by billionaire investors and wealthy car companies, but the harsh realities of the economic downturn have ...

Russia-China $25bn Loan Talks set to Re-Open - Oilvoice.com
Russia is set to re-open talks with China within the coming week to secure $25 billion in loans, for two cash-strapped Russian energy companies, in exchange for guaranteed long-term crude oil supplies in the opposite direction. The initial round of ...

Expert: Foreclosures ripped through some places like hurricanes - Visalia Times-Delta
WASHINGTON — It wasn't long ago that the downturn in housing was mainly focused in specific cities with artificially inflated prices. But the mortgage lending crisis that has pushed the nation's financial services sector into a meltdown has spread ...

Debts due piling up for public companies - Denver Post
Consumers aren't the only ones struggling to juggle their debts coming due against the cash they have on hand during a tight credit market. At least 18 public companies in Colorado will have to figure out how to repay or refinance more than $6 ...

NIBC considers using Dutch bank guarantee plan - Reuters
AMSTERDAM, Nov 14 (Reuters) - Dutch merchant bank NIBC is considering making use of an interbank loan guarantee plan from the Dutch government, which could make it the first Dutch financial to do so, NIBC's Chief Executive said on Friday. "We're ...

7 Ways for Obama to Save the Housing Market - US News and World Report
The Great Housing Bailout of 2009 is coming. The recent announcement by Fannie Mae, Freddie Mac, and Citigroup that they plan to reduce mortgage payments for hundreds of thousands of borrowers facing foreclosures may well be just the beginning of ...

Business Notes - Lexington Herald-Leader
Delta to cut 40 flights a dayat Cincinnati airport next year Delta Air Lines plans to cut 12 percent of flights, or about 40 a day, out of the Cincinnati/Northern Kentucky International Airport , as the company restructures its hub, the airline said ...

Buy Real Estate Now - Forbes
On Halloween, Radar Logic published a new compendium of housing for the year ending in August. The results were frightening: House prices have held up in just a precious few cities (Milwaukee, up 3%; Columbus, flat; Charlotte, down 3%). All the big ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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