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U.K. takes over Royal Bank of Scotland - International Herald TribuneLONDON : The British government took control of Royal Bank of Scotland on Friday after investors shunned the lender's share sale, paving the way for a larger government role in Britain's banking sector. Investors only signed up for 0.24 percent of ...
Laurel Cove developers seek new lenders - Nashville TennesseanThe developers of the Laurel Cove golf course community in Williamson County are planning to refinance after the bankruptcy of lender Lehman Brothers Holdings Inc. Tentara Partners and Legacy Properties will turn to private investors to complete the ...
A Hanging Offense - Wall Street JournalYesterday 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 ...
GAP bridges home crises - Nashville TennesseanIn March 2006, Teresa Burns glimpsed at a murky future. While attending a U.S. Department of Housing and Urban Development event, Burns learned that Tennessee had been identified as a high-risk state for real estate foreclosures. "They showed this ...
Should you panic over the stock market? - Everett HeraldTuesday was a day when it was easy to watch the minute-by-minute swings on Wall Street markets and wonder whether it's time to panic. The day saw a quick succession of events. While the U.S. stock markets were closed Monday for Martin Luther King Jr ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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