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Financial News
Billionaire Zaleski looks to refinance debts - Financial Times
Romain Zaleski, the Franco-Polish financier whose portfolio of Italian banking shares has plummeted in value in recent months, is in talks with Italian banks about refinancing part of his €5.5bn debts as he struggles to weather the fall-out from ...

Zaleski looks to refinance part of €5.5bn debts - Financial Times
Romain Zaleski, the Franco-Polish financier, is in talks with banks about refinancing part of his Italian investment company's €5.5bn ($7bn) in debts after its portfolio of Italian banking shares plummeted in value in recent months. Mr Zaleski has ...

Luxottica Group and Oakley Complete Merger Becomes Effective ... - PR Newswire
MILAN, Italy and FOOTHILL RANCH, Calif., Nov. 14 /PRNewswire/ -- Luxottica Group S.p.A. (NYSE: LUX) , a global leader in eyewear, and Oakley, Inc. (NYSE: OO) , a worldwide specialist in sport performance optics, announced today the completion of the ...

More misery on the Mersey - The Sun
LIVERPOOL’S inability to win at home has led to their Premier League challenge fizzling out early. And now you can back them to NOT win there again until next season. This time last year Anfield was a fortress, with the Reds unbeaten at home in the ...

European stocks hit five year low - Al Jazeera
European share prices have tumbled to their lowest close in more than five years amid fears that frozen credit markets are ushering in a global recession. Panic-selling hit markets particularly hard on Friday, as European governments continued their ...

INDUSTRY NEWS & PEOPLE March 2007 - Business Travel Executive
The NBTA Foundation has announced the retirement of four members from its Board of Trustees and the appointment of their successors. The four outgoing Board members are Fay Beauchine, Carlson Companies; Mathias Friess, Virgin Blue; Susan Jacobs, Visa ...

Auto industry troubles leave UAW workers and suppliers struggling and ... - Cleveland Plain Dealer
Joshua Gunter/The Plain Dealer Auto workers and employees of suppliers to the car manufacturers are fearful that their jobs could disappear in the current economic climate in which car sales in the U.S. have declined from 16 million-plus per year ...

INDUSTRY NEWS & PEOPLE July 2007 - Business Travel Executive
The Association of Corporate Travel Executives has named Jerome Drevon-Barreaux, global travel manager for Capgemini, as the new regional chair of ACTE Europe. A more than 10 year veteran of the business travel industry, Drevon-Barreaux directs a T&E ...

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Today's Mortgage Terms starting with S

  • Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
  • Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
  • Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
  • Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.

    View all Terms
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