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Bookmakers put on spurt as Greeks make challenge - Times OnlineLadbrokes and William Hill, Britain’s biggest bookies, both jumped against a falling market on talk that Opap, the partly state-owned Greek gaming company, was about to move in on their turf with a bid. Opap, the largest gaming company in Europe ...
Tea Fire Takes Conejo Road Residents by Surprise - Santa Barbara Independentdel.icio.us. Outside San Marcos High School’s Red Cross shelter Friday, sitting with homeowners’ insurance agents under make shift tents, people whose homes burned to the ground Thursday night were grappling with reality. A handful of those who ...
Losing it all: Subprime loan mess slamming doors on homebuyers in ... - Lynchburg News and AdvanceYou wouldn’t expect a $1 million home on Easy Street on Smith Mountain Lake to end up in the same situation as a $20,000 house from inner-city Lynchburg. One was built as a lakeside mini-mansion in 2006. It has 5,200 square feet, granite ...
Voices of the Evacuated - Santa Barbara Independentdel.icio.us. Trace Robinson's home at 356 East Mountain Drive was still standing as of this morning, but many Mountain Drive homes burned to the ground. Trace Robinson and her family lived at 356 East Mountain Drive, next to the Tea Gardens, where ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd 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 ...
2008 (2665) - Dakota Voice► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...
CapeCodToday Blog Chowder - Cape Cod Today"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...
Will cheap stocks trigger a slew of hostile takeovers as bigger ... - CNBCTreasury Secretary Henry Paulson defended his decision to change how the $700 billion bailout fund is used, telling CNBC it was forced by the spreading credit crisis. I want to talk about anger. Anger may just tank the TARP. It’s everywhere, from ...
Gambling industry avoids worst of downturn - Financial TimesDownturn, what downturn? That was the defiant message coming out of bookmaker William Hill on Monday, as it offered evidence that the economic misery starting to grip the nation is for now leaving some parts of the gambling industry relatively ...
An Invitation to Our Readers - BusinessWeekEarlier this year, we launched a new and innovative feature on BusinessWeek.com to prominently highlight the insights of our readers. Called In Your Face , it calls attention to the most substantive comments left on our site by our readers. Not only ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms