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British holiday hotspot goes under - Times Online
THE global financial meltdown finally hit where it hurts last week, as two popular holiday resorts collapsed into insolvency. The La Manga Club, a resort in southern Spain favoured by football clubs including Manchester United, as well as tennis ...

Street of risk and loss - San Diego Union-Tribune
It produced easy money for specula-tors and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. Few streets in the county have witnessed as dramatic a turnaround as Little Lake. Nestled in the heart ...

People of modest means hitched hopes on Little Lake Street - San Diego Union-Tribune
It produced easy money for speculators and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. NELVIN C. CEPEDA / Union-Tribune A "repo" bus tour through Otay Ranch stopped recently on Little Lake ...

Voices of the Evacuated - Santa Barbara Independent
del.icio.us. Trace Robinson's home at 356 East Mountain Drive was still standing as of this morning, but many Mountain Drive homes burned to the ground. Trace Robinson and her family lived at 356 East Mountain Drive, next to the Tea Gardens, where ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Feds Urge Lenders To Refinance - CBS News
The federal government has started a program to encourage mortgage lenders to refinance high-interest subprime loans rather than foreclosing. Wyatt Andrews reports. Flash Player is required to view video on CBSNews.com Windows Media Player is ...

Stocks rise in U.S. despite weak GDP figures - International Herald Tribune
PARIS : Stocks rose in the United States following a robust rally in Asia as several central banks joined the Federal Reserve in lowering their official interest rates. The Dow Jones index climbed 0.7 percent and the Nasdaq was up 0.6 percent. The S ...

Wall Street rises after report on economy - International Herald Tribune
Stocks on Wall Street were higher Thursday, swinging across a wide range as investors weighed a painful report on the nation's economy against signs that the flow of credit had been restored. The Dow Jones industrial average was about 180 points ...

Remarks by the President at Signing of H.R. 3648 - ChristianNewsWire
THE PRESIDENT: Thank you all for coming. Welcome to the White House. I'm pleased to sign a bill that will help homeowners who are struggling with rising mortgage payments. The Mortgage Forgiveness Debt Relief Act of 2007 will protect families from ...

Valhi Reports Third Quarter 2008 Results - Earthtimes
Author : Valhi, Inc. DALLAS , Nov. 5 /PRNewswire-FirstCall/ -- Valhi, Inc. (NYSE: VHI) reported a net loss of $23.2 million , or $.20 per diluted share, in the third quarter of 2008 as compared to a net loss of $52.7 million , or $.46 per diluted ...

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Today's Mortgage Terms starting with T

  • Term: The period of time in which a loan must be paid off.
  • Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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