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Big Three automakers to submit plans to Congress - Baxter BulletinGeneral Motors Corp., Ford Motor Co., and Chrysler LLC would refinance their companies' debt, cut executive pay, seek concessions from workers and find other ways of reviving their staggering companies. U.S. automakers are struggling to stay afloat ...
7 Tips to a Healthier Thanksgiving from Jillian Michaels - FOX News1. Don’t hit the party hungry, otherwise you’ll overeat. Try to have something before you go. 2. Incorporate exercise into your travel plans. Bring easy to carry exercise equipment along with you on the trip such as a resistance band or workout ...
Ameren Corp. Q3 2008 Earnings Call Transcript - Seekingalpha.comAmeren Corporation (AEE) Q3 FY08 Earnings Call November 4, 2008, 10:00 AM ET Executives Douglas Fischer - Director of IR Gary L. Rainwater - President, Chairman, and CEO Warner L. Baxter - EVP and CFO Charles Naslund - Chairman, President and CEO of ...
You mess in our backyard ... - Arkansas TimesMost interesting news from Stephens Media , if you're into the newspaper business. CABOT - Stephens Media Group today announced the purchase of five Central Arkansas newspapers from Magie Enterprises Inc., a family-owned publishing company that has ...
Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
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