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BofA could move jobs to Charlotte - Atlanta Business Chronicle
Bank of America will likely relocate 650 jobs from the bank’s namesake skyscraper in Midtown Atlanta to Charlotte, N.C., unless the building gets a major renovation. BentleyForbes Group , owner of Bank of America Plaza, and attorneys representing ...

Obama’s first crisis: the economy - Atlanta Journal Constitution
WASHINGTON — President-elect Barack Obama’s pre-inaugural “honeymoon” could turn into a major headache. Unlike those preceding him in office, Obama is being forced into swift action on the economy with a financial crisis and the specter of ...

General Growth Interim Chief Metz Replaces Bucksbaum (Update3) - Bloomberg
Oct. 27 (Bloomberg) -- General Growth Properties Inc., the Chicago-based shopping-mall owner whose shares have fallen 95 percent this year, replaced Chief Executive Officer John Bucksbaum , who resigned yesterday, with interim CEO Adam S. Metz ...

Street of risk and loss - San Diego Union-Tribune
A "repo" bus tour through Otay Ranch stopped recently on Little Lake Street, where more than half the houses on one block have gone into foreclosure in the past three years. Background: More than 23,600 homes in the county have been subjected to ...

County votes heavy turnout - Hope Star
Hempstead County voters went to the polls today in droves, a prospect portended for the past two weeks as early voting took on seemingly record proportions, and local voters joined the nation in finalizing their political choices for 2008. Polls ...

Bailout goes from necessary to nightmarish - Atlanta Journal Constitution
That $700 billion financial sector bailout that I supported — and do still, but with an exit strategy — is a nightmare in the making. Look what’s happened since the first of the month: Atlanta Mayor Shirley Franklin, smelling a bailout handout ...

Real Estate Notes - Atlanta Business Chronicle
An Atlanta-based condominium developer is now battling legal issues on two of its Atlanta projects. Mezzo Development LLC, a division of Tivoli Properties Inc. , filed a lawsuit Nov. 12 in U.S. District Court in Atlanta against Turner Construction Co ...

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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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