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Foreclosures Hitting Hard in Indianapolis - WIBC.comIndianapolis ranks 9th on the list of cities hardest hit by foreclosures. One man is facing a sheriff's sale of the house where he grew up. Both of Charles Franklin's parents had medical issues before they passed away. Charles took out a mortgage on ...
Financial Crisis Is Absent From Agendas of Parties, Candidates - BloombergAug. 27 (Bloomberg) -- The U.S. is facing the worst financial crisis since the Depression. You would never know that from the Democrats' platform in Denver or its Republican counterpart, or from listening to Barack Obama or John McCain . While both ...
Harbor is a “crisis area” - Daily WorldThe foreclosure crisis afflicting the nation is hitting Grays Harbor hard. The state Housing Finance Commission has designated Grays Harbor County as one of the state’s crisis areas for home foreclosures, qualifying the county for additional state ...
Gold: Till Debt Do Us Part - Safe HavenThe Russians invade Georgia, raising fears of a proxy war with the U.S.. Oil through $150 a barrel? No. In fact, oil is $30 below its peak, hitting three month lows. And gold, a safe haven in times of geopolitical unrest, fell $60 an ounce in one day ...
2008 Election - OregonianHeather Courtney and David Manzo (right), of San Jose, get prepared for a long day of selling their "Barack-in-the-box" toys on the 16th Street Mall outside the Pepsi Center. DENVER -- I'm stuck outside the Convention Center, waiting for those oh-so ...
Hanger Orthopedic Group Files To Sell 13.6 Million Shares - FinancialWireAugust 25, 2008 (FinancialWire) Hanger Orthopedic Group, Inc. (NYSE: HGR) (Current Market Cap: US$412.44 Mil.) said it has filed a shelf registration statement to sell up to 13,608,730 shares of its common stock. ... August 25, 2008 (FinancialWire ...
Wanted: food stamp applicants - Raleigh News & Observer908,025 - Number of North Carolinians receiving food stamp benefits in September 452,627 - Number of North Carolinians the government estimates qualify for food stamps and don't get them SMITHFIELD - At 79, Earl Rudd is worn out and nearly broke ...
Billionaires Up, America Down - Common DreamsWhen it comes to producing billionaires, America is doing great. Until 2005, multimillionaires could still make the Forbes list of the 400 richest Americans. In 2006, the Forbes 400 went billionaires only. This year, you'd need a Forbes 482 to fit ...
BWAY Holding Company Announces Closure of Its Franklin Park, Illinois ... - PR NewswireATLANTA, March 7 /PRNewswire-FirstCall/ -- BWAY Holding Company NYSE: BWY, a leading North American supplier of general line rigid containers, today announced that it intends to close its Franklin Park, Illinois metal packaging manufacturing facility ...
Stocks rally - Portsmouth HeraldNEW YORK (AP) — Wall Street rallied once again Thursday as investors bet that companies hurt by the housing crisis will benefit from a government plan to help financially stretched homeowners and from another interest rate cut. The Dow Jones ...

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Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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