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News about Mortgages:
Gillett trying to refinance debt - Sports Business JournalLiverpool FC co-owner George Gillett is trying to refinance $75 million of personal debt that pledges his interest in the soccer team as collateral, according to sources familiar with the situation. The money is due late next month unless the three ...
Office, hotel sectors feel the heat - Delaware OnlineWASHINGTON -- The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis -- one that could turn out the lights on malls, hotels and storefronts nationwide. The same events poisoning the housing market are ...
US economy sinks deeper as layoffs mount - PR InsideWASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke pleaded Thursday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the United States deeper into recession. Beaten ...
Realogy PIK bond holder group led by Icahn related fund; trustee, High ... - Financial TimesA disgruntled group of Realogy’s USD 582m 11%/11.75% senior PIK bond holders filed suit against the company Friday in Delaware Chancery Court, according to court documents. The complaint was filed by indenture trustee Bank of New York Mellon and ...
VeraSun Energy Receives Final Bankruptcy Court Approval for Debtor-In ... - Yahoo FinanceSIOUX FALLS, S.D., Dec. 4 /PRNewswire-FirstCall/ -- VeraSun Energy Corporation announced that the U.S. Bankruptcy Court has entered orders granting final approval for debtor-in-possession (DIP) financing totaling $196.6 million, including $93.6 ...
PhillyDeals: PhillyDeals: Highway tolls a possible topic at Obama ... - Philadelphia InquirerPresident-elect Barack Obama and the National Governors Association are meeting here today in Old City. So what can Obama offer cash-hungry Gov. Rendell and his cronies before they go home to face tight budgets and angry, scared citizens? "As part of ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
6 governors ask feds to help automakers - USA TodayWASHINGTON — Six governors, including Michigan Gov. Jennifer Granholm, asked the U.S. Treasury on Thursday to speed aid to the auto industry, saying it faced "unimaginable challenges." The letter from Granholm and the governors of Delaware ...
Is the era of easy credit over for the long haul? - AZCentral.comAn inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels. But sitting ...
Benefits could snag GM deal - Delaware OnlineMerger 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 may require GM and ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
View all Terms