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Beaumont Hospitals to announce turnaround plan - Detroit Free PressBeaumont Hospitals, long one of the Detroit area’s most financially healthy hospital systems, will announce a financial turnaround plan today, it said in a statement. The hospital system declined further details prior to a 2 p.m. news conference ...
Novi-based Trinity Health finishes bond deal - Detroit Free PressTrinity 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 ...
Trinity Health bond deal to help expansion - Detroit Free PressTrinity Health completed a $492 million municipal bond deal late Tuesday that allows it to refinance costlier debt and expand hospital projects at its Michigan and Idaho hospitals. The Novi-based health system is watching the market in hopes of ...
Business Survey: Small Firms Worry Most About Lack of Customers - HispanicBusiness.comThe bad news has been circulating for months. The credit crunch is a killer for small businesses. They can't get short-term loans to help them meet their payrolls. The banks won't say yes to a firm that wants to finance a new addition. The economic ...
Chemtrade Logistics Income Fund more than doubles third quarter net ... - CNW GroupTORONTO, Nov. 4 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced results for the three months ended September 30, 2008. Continuing high prices for sulphuric acid resulted in significant increases in revenue and earnings for ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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