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Car fire on 94 at 121st - Milwaukee Journal Sentinel
Nov. 21, 2008 6:53 a.m. | A car fire is backing up the commute on westbound I-94 near 121st St. Here's the look from the DOT camera . The fire is causing major delays. The trip from downtown to Moorland Rd ., normally a ten minute drive, was taking ...

Tom Acitelli - New York Observer
Probably the biggest story in the Manhattan office market at the close of 2008 is sublease space. A lot of it's spilling onto the market, a stark indicator of what belted the office market, long the nation's healthiest, off its pedestal just a few ...

A Hanging Offense - Wall Street Journal
Yesterday we noted a story about liberals, prompted by the election of Barack Obama, making sudden shows of patriotism after shunning such displays for the past eight years. We wondered if the same thing had happened on the other side--that is, if ...

Church hierarchy stalled priest ousters, Weakland testifies - Milwaukee Journal Sentinel
Nov. 20, 2008 2:34 p.m. | Now-retired Archbishop Rembert Weakland, in a videotaped deposition released today, said his attempts to oust sexually abusive priests from the priesthood was stalled by a protective church hierarchy despite his pleas for ...

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 ...

Minorities in loan crush: Hopeful home owners hit hard by credit ... - New York Daily News
Bronx homeowners and homebuyers are having more trouble obtaining credit than their counterparts in any other borough, with black and Hispanic buyers suffering the worst, according to a new report. The Bronx saw the largest drop in the number of home ...

'NO-BAILOUT' BLUES - New York Post
A federal plan to bail out homeowners struggling to make subprime mortgage payments is anything but a freeze-for-all: While it saves some New Yorkers from deepening debt, their next-door neighbors are left to drown. In Jamaica, Queens, Evelyne ...

PEACOCK PARTY - New York Post
THE Peacock network is looking for space so it can expand its wings. Our media spies say NBC is seeking 300,000 feet of "incremental" space to add to its current office digs, which include its headquarters at 30 Rockefeller Plaza. You might recall ...

McCain gives up on his mortgage plan - Salon
About two weeks ago, John McCain, in a high-profile speech, unveiled his response to the mortgage crisis. Despite the seriousness of the challenge, the GOP presidential nominee unveiled a classic YOYO policy: "You're on your own." As the New York ...

Big Greed On Small Street - BusinessWeek
In the tsunami of news regarding the economic crisis and government bailout, the narrative that has formed largely follows the line of a greedy Wall Street swindling the victims of Main Street. So, it was with great interest that I read a brief ...

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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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