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Brutal retail downturn rains on Macy's holiday parade - Pantagraph
When Macy’s Inc. paid $11.5 billion to acquire rival May Co. in 2005, investors asked whether consolidation could save the department store, or just prolong its decline. So far it looks more like the latter. The company lost $30 million in the ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Retail Downturn Rains on Macy's Parade - Wall Street Journal
When Macy's Inc. paid $11.5 billion to acquire rival May Co. in 2005, investors asked whether consolidation could save the department store, or just prolong its decline. Macy's CEO Terry Lundgren, left, at Herald Square, says the retailer's size is ...

Calif. Fire Crews Aided by Easing Winds - San Francisco Gate
US working on plan to help homeowners refinance 10.23.08 Family of San Mateo boy killed by runaway roofing truck files suit 10.23.08 5 dead when fishing boat sinks off Alaska; 4 saved 10.23.08 Stevens jury reports chaos; Judge urges calm 10.23.08 ...

U.S. Foreclosure Filings Up 71 Percent in Third Quarter - FOX News
Nationwide, nearly 766,000 homes received at least one foreclosure-related notice from July through September, up 71 percent from a year earlier, said foreclosure listing service RealtyTrac Inc. By the end of the year, RealtyTrac expects more than a ...

THE ECONOMY IN TURMOIL - San Francisco Gate
Americans binge on credit in a mania of speculation and consumption until the debt-fueled bubble bursts. Wall Street has a meltdown, the mania turns to hysteria, and the economy goes haywire. SF Gate polls are strictly surveys of those who choose to ...

2008 Election - Oregonian
Diane McKeel will take a seat on the Multnomah County Board of Commissioners in January, after a narrow come-from-behind victory. McKeel, the executive director of the West Columbia Gorge Chamber of Commerce, said she will spend the next two months ...

Borrowers get a lifeline - Modesto Bee
There may be a way out of trouble, after all, for thousands of Northern San Joaquin Valley borrowers struggling with risky housing-boom mortgages from Countrywide Financial Corp. A legal settlement announced Monday by Countrywide's new parent company ...

Remember 2004? It ain’t over. - Atlanta Journal Constitution
Go vote. As the polls were closing on election day four years ago, I sat with a group of George W. Bush campaign officials and supporters listening to reports of exit polls delivering the bad news. Bush was defeated. John Kerry had won the presidency ...

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Today's Mortgage Terms starting with R

  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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