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Financial News
November 2008 - Weblogs.baltimoresun.com
Whenever chaos rules the economy and financial markets, I try to find financiers who have fended off the storm and resisted the temptations that brought down their competitors. It's always a bit of a risk. The company that appears strong today may be ...

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 ...

Novi-based Trinity Health finishes bond deal - Detroit Free Press
Trinity Health completed a $492-million municipal bond deal late Tuesday that allows it to refinance costlier debt and expand projects at its Michigan and Idaho hospitals. The Novi-based health system is watching the market in hopes of moving ahead ...

Granholm to release $150 million for banks to loan out - Detroit Free Press
She also said she'll ask lawmakers to allow a 90-day freeze on home foreclosures to give homeowners time to refinance their loans with lenders. Granholm also warned, just five weeks into the budget year that began Oct. 1, of more state budget cuts by ...

U.S. Stocks Post Biggest Post-Election Drop on Economic Concern - Bloomberg
Nov. 5 (Bloomberg) -- The stock market posted its biggest plunge following a presidential election as reports on jobs and service industries stoked concern the economy will worsen even as President-elect Barack Obama tries to stimulate growth ...

U.S. Stocks Drop on Economic Concern; Nucor, Boeing Retreat - Bloomberg
U.S. Stocks Drop on Economic Concern; Nucor, Boeing Retreat By Elizabeth Stanton Nov. 5 (Bloomberg) -- U.S. stocks fell as reports showing the most private-sector job losses in six years and a slump in service industries spurred concern the economy ...

Media News - Mediabistro.com
The Los Angeles Times plans to cut 75 jobs, or 10 percent of its news staff, a response to the world financial crisis that is exacerbating already painful advertising declines at U.S. newspapers. The cuts are comparable in scale to some that the ...

US foreclosure filings up 71 percent in 3Q - Buffalo News
The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007, according to data released Thursday. Nationwide, nearly 766,000 homes received at least ...

George Voinovich calls Barack Obama a 'socialist' - Cleveland Plain Dealer Blog
"He is left of Teddy Kennedy. With all due respect, the man is a socialist." Ohio's senior senator, a Republican, made his comments Thursday to a reporter for The Daily Sentinel in Pomeroy, Ohio. He was visiting the Meigs County Republican Party ...

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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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