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Court cases surge as Utahns cope with economic woes - Salt Lake TribuneA bad economy historically means more business for the courts. "If you go back over the last 15-20 years, whenever there's a downturn ... you generally see an increase in civil filings," said state Courts Administrator Daniel Becker. Sure enough ...
How To Cope With The Flood Of Foreclosures? - ForbesDespite soaring foreclosure rates, President Bush and other Republicans have not made this a top priority, and Treasury Secretary Henry Paulson has refused to draw on the $700 billion rescue fund to help homeowners, saying that saving financial ...
Local groups step up efforts to prevent foreclosures - Daily HeraldIf you're going to have difficulties making your mortgage payment because you've just lost your job, suffered a major illness or lost an income-generating spouse, don't wait until you're several months delinquent before taking any action. There is ...
HuffPost Readers Blog The Meltdown - Huffingtonpost.comWe've pulled together a selection of some of the standout stories to share with the rest of our readers -- both to do our part to document the downturn and to make sure that everyone out there feeling the financial pressure knows that they are not ...
Tata to seek state aid to save Corus jobs - Financial TimesIndia’s Tata Steel is seeking government assistance in the Netherlands and the UK to help cut working hours at its Corus subsidiary as the group’s European operations try to cope with a 30 per cent fall in production. Kaushik Chatterjee, Tata ...
Debt-hit Dublin pubs seek bankruptcy protection - WTOP RadioDUBLIN, Ireland (AP) - Dublin 's premier pub-running company won bankruptcy protection Friday in a surprising sign that Ireland 's credit crunch is pushing even the most liquid of businesses to the breaking point. High Court Justice Brian McGovern ...
Annus horribilis’ for Tata - Gulf TimesNEW DELHI: It has been the year India’s House of Tata would rather forget, capped by the militant attack on the iconic Taj Mahal Palace Hotel, the symbolic jewel in their corporate empire. In January, the family-led conglomerate was on top of the ...
Lower Mortgage Rates Are Not the Answer - Wall Street JournalOn Tuesday, the government announced an $800 billion plan to stimulate the economy by buying $600 billion worth of mortgage-backed assets and $200 billion in consumer-debt securities. The intent is to make it easier for consumers to buy cars, pay for ...
Mumbai attacks cap 'annus horribilis' for Tata - Times of IndiaNEW DELHI: It has been the year India's House of Tata would rather forget, capped by the militant attack on the iconic Taj Mahal Palace hotel, the symbolic jewel in their corporate empire. In January, the family-led conglomerate was on top of the ...
Walsh needs to return to earth and safely land BA deal with Iberia - Daily TelegraphThe Aviation Club of the UK felt a bit less clubby than normal yesterday lunchtime. The comments made at the Pall Mall venue by Fernando Conte, chairman of Iberia, should have made Willie Walsh feel distinctly uncomfortable. Until Tuesday, Conte ...
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