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2008 (2665) - Dakota Voice
► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...

This U-turn shows the Bank to be way behind the curve - Guardian Unlimited
Mervyn King will have the simplest task in the world next Wednesday when he unveils the Bank of England's quarterly inflation report. His statement should be short and concise: eleven words should suffice. "We made a total hash of things, and we are ...

Ford Still Shopping Mazda Stake; Tata Uninterested - BusinessWeek
Indian workers assemble a Tata car at the Tata Motors factory in Pune. ROB ELLIOTT/AFP/Getty Images In recent times, it seems, every time an auto brand is put up for sale India's Tata Motors ( TTM ) is mentioned as a possible buyer. In June, it was ...

Xstrata needs no refinancing, Q3 copper down 8 pct - Forbes
LONDON, Oct 21 (Reuters) - Mining group Xstrata (other-otc: XSRAF.PK - news - people ) Plc said on Tuesday it is well placed with financing and posted solid third-quarter production results, except in mined copper, its most important metal. Xstrata ...

Loans reach new depths - Age
Low-doc mortgages were sold to struggling consumers and now many are worse off, reports Tim Elliott. In late 2005, Mandy, a 55-year-old postal worker from the NSW Central Coast, heard an advertisement on her radio for a company called Professional ...

Grant to benefit homebuyers in 9 counties - Daily Independent
Ashland — A $100,000 grant from the U.S. Department of Agriculture should make the process of buying a home a little easier in Carter and Elliott counties, as well as other parts of eastern Kentucky. The grant, which was presented to Frontier ...

Northrim BanCorp Reports Third Quarter Profits of $1.6 Million, - MSN MoneyCentral
ANCHORAGE, Alaska, Oct. 23, 2008 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq:NRIM) today reported that net income was $1.6 million, or $0.24 per diluted share for the third quarter of 2008 after taking a provision for loan loss reserves of $2 ...

Peter Murray from toronto, Canada writes: Hmmmmm, - Globe and Mail
It seems that most people on here are arguing against Merrill an dnot the facts. U.S. subprime mortgages that ended 2 years ago. Canada 0% down, 40 year mortgages, unlimited portion of income set towards servicing debt ending now U.S. going into ...

Retailers brace for slower holiday shopping season - Orlando Business Journal
Local shopping malls and retail merchants, faced with the prospect of sluggish sales during the traditionally hectic holiday shopping season, are trying new strategies to lure in more foot traffic. For instance, Orlando Fashion Square is adding ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Are you trying to make sense of what’s happening here on Wall Street? Don’t worry–you aren’t alone. A lot of people even here are ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.

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