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Mall safe despite owner's struggles Glenbrook would draw buyers, stay ... - FortWayne.comGlenbrook Square’s owner is teetering on the verge of bankruptcy, but retail experts say the Fort Wayne mall probably will keep its doors open. If owner General Growth Properties Inc. declares bankruptcy, Glenbrook would likely be sold and continue ...
Mall safe despite owner's struggles - Fort Wayne Journal GazetteGlenbrook Square’s owner is teetering on the verge of bankruptcy, but retail experts say the Fort Wayne mall probably will keep its doors open. If owner General Growth Properties Inc. declares bankruptcy, Glenbrook would likely be sold and continue ...
Consider the source when buying gift cards - Evening StarGift cards are a popular holiday purchase, but buyers and recipients should remember the cards are only as good as the issuer. Federal law does not require retailers and other gift-card issuers to honor the cards in the event of bankruptcy because ...
California Companies Take Courageous Step to Expand and Invest in ... - Biloxi Sun HeraldSACRAMENTO, Calif., Nov. 18 /PRNewswire/ -- Amid the current economic doom and gloom, there is a silver lining to new growth and economic development in some of the poorest sections of the state. The California Enterprise Development Authority (CEDA ...
California Companies Take Courageous Step to Expand and Invest - Newsblaze.comAmid the current economic doom and gloom, there is a silver lining to new growth and economic development in some of the poorest sections of the state. The California Enterprise Development Authority (CEDA) today announced bonds will be issued for ...
Water park in idea phase - Leaf ChronicleA week after Clarksville Mayor Johnny Piper announced his intention to include a water park in plans for a marina at a redesigned Fairgrounds Park, few new details have emerged. "I've committed to providing a nice water park with nice amenities to it ...
A Hanging Offense - Wall Street JournalYesterday we noted a story about liberals, prompted by the election of Barack Obama, making sudden shows of patriotism after shunning such displays for the past eight years. We wondered if the same thing had happened on the other side--that is, if ...
Congress Blames Treasury as Foreclosures Mount - Common DreamsBOSTON - A congressional banking leader Tuesday blew hot air and blame at the U.S. treasury secretary about the ongoing home foreclosure crisis, but neither made a commitment to help stressed homeowners. Congress is officially out of session, except ...
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 ...
JP Morgan, perhaps sensing shifting political wind, will refinance ... - Bloggingstocks.comIt's been said that the grace that Joe DiMaggio, The Yankee Clipper , exhibited was so encompassing that he seemed to move before the crack of the bat, to be perfectly positioned for an outfield catch. And of course hockey's Wayne Gretzky 's ...
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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