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Legg Mason stock rises 14 percent - Baltimore Sun
Legg Mason Inc. rose 14 percent in New York trading yeterday after the asset manager set aside an additional $470 million to cushion investors from losses in four money-market funds. Legg Mason said Monday that the fresh capital will be used to ...

Great Wolf still talking with lenders - Wisconsin State Journal
Great Wolf Resorts said Friday it remains in discussions with its lenders regarding an extension of Sunday's maturity date on a $76.8 million mortgage on its Mason, Ohio, resort property. The Madison company announced earlier this month in its ...

Cramer: Dow 7350 Was the Low - Street.Com
, MCD ( Cramer's Pick ) , KO , PG , DD , MRK , T Is the fix in? Do we have a bottom lurking -- a la Doug Kass' statements? I know that to get back to Dow 7350 -- the intraday low -- will take some real work, but Du Pont ( DD Quote - Cramer on DD ...

Bulls outlast bears in Wednesday grudge match - Marketwatch
NEW YORK (MarketWatch) - The financial sector bulls won a dramatic tug of war with the bears Wednesday, lifting financial stocks to a higher close as rising mortgage applications and comments from an influential money manager trumped weak economic ...

Water Tower Place - Chicago Tribune
General Growth Properties Inc. said late Sunday that its lenders have granted the heavily leveraged Chicago mall operator a two-week "interim extension" on $900 million of debt, allowing General Growth a bit of breathing room as it struggles to avoid ...

Despite slumping real estate market, Madison's newest cohousing ... - Wisconsin State Journal
Amid the toughest real estate market in a generation, a group of self-described amateurs has pulled off something of a miracle: selling all but three units in the 40-unit Arboretum Cohousing project. Long popular in Scandinavia but relatively new in ...

Cause and Effect - American Enterprise Institute
Although the media are full of talk that we face a "crisis of capitalism," the underlying cause of the financial meltdown is something much more mundane and practical--the housing, tax, and bank regulatory policies of the U.S. government. The ...

Home Value Highwire - WTOP Radio
WASHINGTON - If you want to buy in today's housing market, you may not be able to seal the deal or get a loan, unless you have cash and good credit. You need cash to close the deal. The days of zero-down are gone. That's the new reality of the ...

Ramius Sends Letter to Orthofix Shareholders - StreetInsider.com
NEW YORK--(BUSINESS WIRE)-- Ramius LLC ("Ramius") today announced that it has sent a letter to the shareholders of Orthofix International N.V. ("Orthofix" or "the Company")(NASDAQ: OFIX ), in which it outlined several opportunities that Ramius ...

Ramius Sends Letter to Orthofix Shareholders Believes Company Should ... - CNBC
NEW YORK, Dec 03, 2008 (BUSINESS WIRE) -- --Urges Board to Take Immediate Action to Improve Shareholder Value --Announces Intention to Solicit Shareholder Support to Call a Special Meeting of Shareholders for the Purpose of Replacing Up To Four ...

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Today's Mortgage Terms starting with T

  • Term: The period of time in which a loan must be paid off.
  • Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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