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Thomson Financial News - ForbesGaming group Crown has raised A$1.6 billion from banks to repay debt that had been due to expire in August 2010. 'In the current environment you've just got to be prudent and get the job done,' Crown investor relations manager Geoff Kleemann said ...
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Pinnacle Entertainment Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.comGood morning everyone and thank, welcome to our third quarter 2008 earnings conference call. Earlier this morning we released our third quarter and year-to-date 2008 financial results. If you do not have a copy of the announcement and would like one ...
Jetride Inc. Grounded - Morning NewsSPRINGDALE -- Not quite six years after it started, Jetride Inc. (formerly known as Pinnacle Air LLC), has surrendered its flight operating certification to the Federal Aviation Administration. On Monday, all planes were officially grounded and the ...
Transcript: Color of Money Book Club - Washington PostPersonal finance columnist Michelle Singletary hosted an online discussion with author Laurence Shatkin and editor Sue Pines , the brains behind "150 Recession-Proof Jobs," on Thursday, Nov. 20 at Noon ET . I'm so pleased to have Sue and Laurence ...
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A transcript follows. - Washington PostRead Michelle's past Color of Money columns or check out her past Book Club picks . Michelle Singletary: Good afternoon to you all. I'm so pleased to have Sue and Laurence here to answer any of your career-related questions. And with umemployment up ...
MarketGraphics head pitched for HUD post - Nashville Business JournalA Nashville housing analyst is being pushed as a candidate for President-elect Barack Obama’s cabinet. Some State Democratic leaders are backing Edsel Charles for the nation’s top housing job as secretary of Housing and Urban Development. Charles ...
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Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms