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GM to sell remaining Suzuki stake - Financial TimesGeneral Motors is to sell its 3 per cent stake in Japan’s Suzuki Motor for Y22.4bn ($231m), in an effort to shore up its fast-dwindling cash reserve. The carmaker warned this month that it would approach the minimum $11bn to $14bn it needs in cash ...
More consumers fall into bankruptcy - Akron Beacon JournalThe economy's deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...
Bankruptcy filings up - over 100,000 in October - San Francisco GateTara Siegel Bernard,Jenny Anderson, New York Times Plummeting home values, dwindling incomes and the near disappearance of credit have proved a potent mixture. While all the usual reasons that distressed borrowers seek bankruptcy - job loss, medical ...
More Americans slipping into bankruptcy - International Herald TribuneThe deep troubles of the U.S. economy are pushing a growing number of already struggling Americans into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near ...
Downturn Drags More Consumers Into Bankruptcy - Blueridgenow.comThe economy’s deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...
Tom Acitelli - New York ObserverProbably the biggest story in the Manhattan office market at the close of 2008 is sublease space. A lot of it's spilling onto the market, a stark indicator of what belted the office market, long the nation's healthiest, off its pedestal just a few ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd 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 ...
Maryann Haggerty and Elizabeth Razzi - Washington PostWelcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi. Maryann has been with The Post for 18 years and has served as real estate editor for ...
Panda refinances West Texas manure-to-ethanol facility - Dallas Morning NewsPanda refinances West Texas manure-to-ethanol facility 11:00 PM CDT on Monday, October 13, 2008 By ELIZABETH SOUDER / The Dallas Morning News esouder@dallasnews.com Panda Ethanol Inc. said Monday it has refinanced building a manure-to-ethanol ...
Greenspan denies blame for crisis, admits 'flaw' - Washington PostHouse Oversight and Government Reform Committee member Rep. Elijah Cummings, D-Md. asks questions of the panel during a hearing of the committee on Capitol Hill in Washington, Wednesday, Oct. 22, 2008. (AP Photo/Lawrence Jackson) (Lawrence Jackson ...
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.
View all Terms