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Begging for Bailout Cash, U.S Cities Told to Go Fish: Joe Mysak - Bloomberg
Nov. 18 (Bloomberg) -- You can't blame U.S. cities for eyeing the federal government's open vault and asking for a bailout, too. Atlanta, Detroit, Philadelphia and Phoenix have all asked in recent days for some of the Troubled Asset Relief Program ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed 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 ...

Simon Property Group Incorporated - Chicago Tribune
The outlook for General Growth Properties Inc.appeared to go from bad to worse Wednesday after the beleaguered mall developer reported its third-quarter net loss widened. Amid writedowns, General Growth cut its profit target for the year, while ...

Pearson Lakes Art Center to dedicate new wing - Sioux City Journal
OKOBOJI, Iowa -- The Pearson Lakes Art Center will dedicate its new $1 million visual arts wing and a gifted collection Saturday as part of the University of Okoboji’s Winter Games XXVIII. The ceremony will begin at 11 a.m. The new visual arts wing ...

Maryann Haggerty and Elizabeth Razzi - Washington Post
Welcome 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 ...

Mall owner in liquidity crunch - South Florida Business Journal
General Growth Properties, a nationwide owner and manager of shopping malls, said in a Securities and Exchange Commission filing that it might be forced to file for Chapter 11 bankruptcy if it could not refinance nearly $1 billion in debt coming due ...

Collier foreclosures hit working class - Naples Daily News
In Collier County, it’s the more affordable communities that have been hurt the most. From Jan. 1 to Oct. 8, the county had 1,500 final judgments for mortgage foreclosures on single-family homes, with a total mortgage balance of more than $522 ...

New Push to Ease Debt - Inside Higher Ed
Taking an innovative tack to try to shrink student debt, a broad and surprisingly diverse coalition of student groups, lenders, parent associations and others has filed an unusual petition urging the U.S. Education Department to rewrite its ...

United States Steel Corp. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Welcome to the United States Steel Corporation third quarter 2008 Earnings Call and webcast. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time ...

MillerCoors discloses Milwaukee job cuts - Milwaukee Journal Sentinel
Nov. 5, 2008 | MillerCoors LLC has cut around 270 jobs throughout the newly formed joint venture, including 100 positions in Milwaukee, as part of its goal of achieving $500 million in cost savings over three years, a company spokesman said Wednesday ...

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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.

    View all Terms
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