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Business past, business present? - Monroe Evening News
- Evening News photo by KIM BRENT Headlines of today's state of affairs are reminiscent of those some 70 years ago. One area business, Martin's Shoe House in Monroe, has weathered the times and seen its share of history. Greg Martin (left) and his ...

Prudent steps in hard times - News-Star
Monroe Mayor Jamie Mayo, in announcing a plan to hold down spending through the end of the fiscal year, continues to demonstrate the strong fiscal discipline that has allowed the city to build up a hefty rainy day fund. Good thing. It looks like rain ...

Pecanland owner receives extension to pay $900M debt - News-Star
General Growth Properties Inc. of Chicago, which owns Pecanland Mall in Monroe, is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer ...

Michigan tries to slow foreclosures - Detroit News
LANSING -- Scrambling to do something about Michigan's rampant home foreclosure problem before the holidays, Gov. Jennifer Granholm and lawmakers are working on a flurry of bills to ease the squeeze on cash-strapped homeowners. Various measures would ...

Condos and Houses - Baltimore Sun
My fiancee has her name on three separate mortgages for two different commercial buildings with her ex-husband. According to the divorce decree, her ex-husband has until August 2009 to refinance the mortgages. He wants to do an assumption, which will ...

Displaying items 1-12 of 1779 - Morning Call
WASHINGTON (AP) _ The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably ...

Vacation rental listing startup HomeAway manages to land $250 million ... - Chicago Tribune
Vyto Treciokas will cut you a deal on a room at the Terra Motel on the Berlin Turnpike, but he won't rent by the hour. It's a tough choice. He can go a week without a single guest, but a man's got his standards. Once the choice for truckers,... James ...

Financial and Business Services - Chicago Tribune
WASHINGTON (AP) _ The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably ...

Viewer Stories: Retirement Prospects Dim - WSB-TV Atlanta
I left active duty as a Navy Lieutenant in 1983, got an MBA from UCLA in two years and then worked on Wall Street for 20 years, while actively participating in the Navy Reserves until retirement in 2007. During my peak earning years, I saved and ...

Pecanland Mall owners face financial trouble - News-Star
General Growth Properties, which owns Pecanland Mall in Monroe, warned this week that it may need to file for bankruptcy. Company spokesman David Keating didn't return a call from The News-Star on Thursday and Pecanland Mall manager Randy Barnett ...

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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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