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News about Mortgages:
What's behind door No. 1 for Stroger? Extra $740 million - Chicago Sun-TimesIt took some backroom negotiations for Cook County President Todd Stroger to score enough votes to give his cousin, chief financial officer Donna Dunnings, blanket authority to refinance about $3 billion in existing debt and borrow an additional $740 ...
Cook County Board gives Stroger the OK to borrow $3.75 billion - Chicago TribuneDespite opposition from three Democrats and one Republican, Cook County commissioners on Wednesday gave Board President Todd Stroger 's administration authority to borrow $3.75 billion. If all of the bonds are issued, the amount of money needed each ...
Budget battle heats up at Cook Co. Board - WLSCHICAGO (WLS) -- Just months after raising the county's sales tax significantly, the Cook County Board approved a nearly $4 billion bond issue that includes borrowing millions to keep the county operating. Critics call Cook County Board President ...
Global financial storm hits Australian economy - World Socialist Web SiteThe deepening financial turmoil in the United States and worldwide is sending tremors through the Australian banking system and share market, and shattering what remains of the claims that the local capitalist economy would be protected by booming ...
The Conservative Origins of the Sub-Prime Mortgage Crisis - Common DreamsHardly a day goes by without a news story about the accelerating number of foreclosures, an economic tsunami that is causing chaos in the housing and stock markets, the banking industry, and the global money markets, not to mention upending families ...
You're on your own - Arkansas TimesEarlier than usual, I leave it in the capable hands of blog readers. I have to check out of my San Francisco hotel and wander the streets until a red-eye flight at 1 a.m. I had a great stroll this morning through Chinatown, packed with throngs of ...

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Today's Mortgage Terms starting with T
Term: The period of time in which a loan must be paid off.
Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
View all Terms |