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UPDATE 2-AbitibiBowater to close plants, cut jobs - ReutersNEW YORK, Dec 4 (Reuters) - AbitibiBowater Inc (ABH.N: Quote , Profile , Research , Stock Buzz ) (ABH.TO: Quote , Profile , Research , Stock Buzz ), the largest North American newsprint maker, said it would slash production and eliminate 1,100 jobs ...
New mortgage woes ahead - NorthJersey.comWASHINGTON — The full scope of the housing meltdown is not clear, and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...
FDIC's Bair warns investors fighting loan changes - WTOP RadioWASHINGTON (AP) - Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a "backlash" from Congress, the head of the FDIC said Thursday. Sheila Bair, the chairman of the ...
North American Shares Gain - ForbesStocks in North America posted modest gains Thursday, following steeper rallies in Europe and Asia as Western Hempishere investors outside the United States digested developments that might signal an end to the recent downturn. Americans took the day ...
ProLogis Closes $104.7 Million Portfolio Financing for ProLogis North ... - Denver PostDENVER, Dec. 2 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), a leading global provider of distribution facilities and services, announced today that it has closed a $104.7 million, secured financing with a large institutional investor on behalf of ...
Overview: Rate cuts fail to lift grim mood - Financial TimesA series of aggressive interest rate cuts by European central banks failed to lift the mood in financial markets on Thursday as investors continued to fret about the global economic and corporate outlook. Government bond yields on both sides of the ...
Bankrate shares rise 5.4 percent after analyst upgrade - Miami HeraldShares of consumer finance website operator Bankrate gained Monday following an analyst upgrade, even as the broader market slumped on worries about consumer spending during the holidays. Bankrate stock advanced $1.46, or 5.4 percent, to $28.94 in ...
North South directors quizzed - StuffSniping remarks from stockholders questioned several of the company's loans and a number of related party transactions, while others queried payments for legal and insolvency advice. Independent director Rick Bettle deflected the criticism ...
General Growth secures two-week loan extension - San Antonio Business JournalGeneral Growth Properties Inc. , the owner of two major shopping centers in San Antonio, has reached an agreement with its syndicate of lenders for a two-week extension on mortgage loans totaling $900 million. The parties are continuing discussions ...
Mall owner General Growth is working to avoid bankruptcy - Fort Worth Star-TelegramTexas Tech: Red Raiders still dealing with fallout from loss to Oklahoma Human element is a bug in BCS system Britney Spears 'Circus’ act sends her comeback off course Hundreds expected at Arlington City Hall to support special street sign toppers ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
View all Terms