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General Growth Properties may seek bankruptcy protection - San Antonio Business JournalGeneral Growth Properties Inc., the owner of two major shopping centers in San Antonio, says it might be forced to seek bankruptcy protection from its creditors as it struggles to refinance debt. The company’s stock tumbled as much as 70 percent in ...
Foreclosures in California on steep rise - San Francisco GateFriday, October 24, 2008 The news of the unrelenting rise came on the same day that the head of the Federal Deposit Insurance Corp. told Congress that the government should do more to help those at risk of defaulting on their mortgages. Statewide ...
Lawmakers do deserve a little credit - Houston ChronicleAUSTIN — It may be small comfort for those of you who have just opened your 401(k) quarterly statements to know that Texas, as Gov. Rick Perry reminded us the other day, has at least been spared the worst of the housing mortgage mess. Indeed, many ...
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TO CHANGE NY - New York PostWE have to take a re alistic view of New York state's budget. The budget presented to me when I took office last month was too big and too bloated, assuming about 5 percent growth in our state economy. It followed what was really the growth of ...
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More Primary Articles - Nashua TelegraphDOVER – New York Sen. HIDALGO, Texas – As they race between Ohio and Texas in advance of their March 4 primary showdown, Sens. Barack Obama and Hillary Clinton are squaring off over who has the answer to the nation's spiraling foreclosure crisis ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
View all Terms