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Labour trying to undermine rival HBOS bids–Salmond - Scotsman
ALEX Salmond increased the pressure on the UK government over the HBOS takeover yesterday, accusing Labour politicians of "leaking and briefing" in an attempt to undermine rivals to the Lloyds TSB bid. He also accused Gordon Brown, the Prime Minister ...

FACTBOX-Financial rescue plans by G7 and other countries - Forbes
United States - Oct 29 (Reuters) - Governments around the world are announcing rescue plans to support banks and unfreeze credit markets. Over $5 trillion has been committed to bailing out the financial sector, while regulatory reforms loom and signs ...

Lakeside owner deep in red ink - Macomb Daily
The tumbling economy lost another domino this week with the announcement that bankruptcy is possible for the corporate owner of Lakeside Mall, which owns 200 other shopping centers. General Growth Properties Inc., the nation's second largest mall ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.

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