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No. 15 Auburn tops UAB 91-62 - FOX News
BIRMINGHAM, Ala. — DeWanna Bonner scored 20 of her 29 points in the second half to help No. 15 Auburn beat UAB 91-62 Wednesday night. Bonner scored 12 straight points to key a 16-4 run that stretched the Tigers' lead to 18 points midway through the ...

No. 15 Auburn beats UAB 91-62 - FOX News
BIRMINGHAM, Ala. — DeWanna Bonner scored a game-high 29 points to lead No. 15 Auburn to a 91-62 rout of Alabama-Birmingham on Wednesday night. Bonner was 9-for-14 shooting and grabbed a game-high eight rebounds for the Lady Tigers (5-0), who shot a ...

How would you save the auto industry? - MSNBC
Leaders of the top U.S. automakers return to Capitol Hill this week to make a second bid for more than $25 billion in federal help. From left are Ron Gettelfinger of the United Auto Workers union, GM's Rick Wagoner, Chrysler's Robert Nardelli and ...

GM, Chrysler Likely to Need New UAW Accord on Trusts (Update1) - Bloomberg
Oct. 30 (Bloomberg) -- General Motors Corp. and Chrysler LLC probably will need a new agreement with the United Auto Workers for union-run medical trusts before the money-losing automakers can complete a merger, people familiar with the matter said ...

Washington bankruptcy filings rise 40% - Seattle Times
Individuals and businesses who can't pay their bills anymore and can't sell off assets to pay their debts typically seek protection from creditors in bankruptcy court. The court can give them a fresh start by releasing them from personal liability ...

Register for FREE - Wall Street Journal
When the hulking complex now known as the GM Renaissance Center was conceived in the wake of Detroit's 1967 riots, civic and business leaders hoped its construction along the Detroit River would help revive the city's downtown. These days it's the ...

GM-Chrysler Union Funds Said to Be Hurdle in Merger (Update1) - Bloomberg
Oct. 29 (Bloomberg) -- Merger talks between General Motors Corp. , the largest U.S. automaker, and Chrysler LLC face a possible hurdle in the union-run trusts created to manage retiree health benefits, people familiar with the matter said. A tie-up ...

GM, Chrysler likely to need new UAW accord on trusts - Windsor Star
General Motors Corp. and Chrysler LLC probably will need a new agreement with the United Auto Workers for union-run medical trusts before the money-losing automakers can complete a merger, people familiar with the matter said. That adds a hurdle for ...

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 ...

Student Loan Potpourri - Inside Higher Ed
If the air seemed to be going out of the multifaceted controversy over college student loans, Wednesday pumped it back up. The day produced three noteworthy developments: New York Attorney General Andrew M. Cuomo issued a new salvo in his six-month ...

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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