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Tom Acitelli - New York ObserverProbably 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 ...
Peak Oil, Cars, and Depressions - Seekingalpha.comAs the global economy heads into terra incognita and the stock market tries to prove it has seen the worst my thoughts, for whatever they are worth, are: 1. Some economic observers such as John Thane , the CEO of Merrill Lynch, and JC Penney’s CEO ...
TSX losers and winners since the June peak - Globe and MailAs the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. What is the worst-performing stock on the S&P/TSX ...
McCain, a candidate who embraces opposites - International Herald TribuneAt the presidential debate in Nashville last Tuesday, Senator John McCain made his case for fiscally conservative, smaller government, calling for an "across the board" spending freeze and denouncing what he described as Senator Barack Obama's ...
Mortgage rescue: Where McCain and Obama stand - Herald NewsThe politics of housing have changed in four years. In 2004, George W. Bush campaigned on a platform of increasing homeownership, especially among minorities. He wanted the government to insure zero-down payment mortgages. “In changing times ...
Obama Overhaul of Finance Rules May Lead to Clash With Industry - BloombergNov. 5 (Bloomberg) -- Now that Barack Obama has won the White House, his campaign to overhaul a financial industry imperiled by its worst crisis in seven decades begins. The president-elect has vowed a top-to-bottom examination, focusing on ...
What about the economy Obama, McCain? - NewsdayThere was a surreal quality to the presidential debate Tuesday night that was very discouraging. Even as both candidates went about their scripted, well-rehearsed routines, they all but ignored the 800-pound gorilla stalking around the room: the ...
Mall's demise could doom community - CNN MoneyNEW YORK (CNNMoney.com) -- With thousands of stores closing in the economic downturn, the increase in empty space at the nation's shopping malls is leaving a hole in the hearts of once-vibrant communities. In some cases, one-quarter or more of ...
Housing hot issue in 2008 election - Nashua TelegraphThe politics of housing have changed in four years. In 2004, George W. Bush campaigned on a platform of increasing homeownership, especially among minorities. He wanted the government to insure zero-down payment mortgages. "In changing times ...
McCain, Obama push hard on records, vision for nation - Boston GlobeSpeaking directly to undecided voters, Senator John McCain challenged rival Barack Obama last night in their second debate on his reform vision for the country, asserting that Obama's record belied his rhetoric on lowering taxes, reining in ...
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