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Sign up for the Gamasutra Daily Newsletter! - GamasutraIn-Depth: The Top 5-Selling Games Of 2008 So Far [11.17.08] As part of Gamasutra's comprehensive new U.S. sales analysis following October NPD results, we've extrapolated the top 5 selling video games of 2008 so far in the region, from Smash Bros ...
Russia-China $25bn Loan Talks set to Re-Open - Oilvoice.comRussia is set to re-open talks with China within the coming week to secure $25 billion in loans, for two cash-strapped Russian energy companies, in exchange for guaranteed long-term crude oil supplies in the opposite direction. The initial round of ...
2008 (2665) - Dakota Voice► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...
Bad Day For Midway - ForbesSumner Redstone 's videogame publisher Midway Games had a doozy of a day, losing 12% of its market value with the billionaire wrapped up in talks with his creditors. The capital may have been needed to pay back borrowed money used to keep National ...
Strapped Redstone tries to renegotiate $1.6-billion loan - Los Angeles TimesWith pressure mounting on media mogul Sumner Redstone to dig his way out of his own credit crisis, the billionaire's privately held firm, National Amusements Inc., was scrambling Friday to renegotiate a $1.6-billion bank loan. The company faces a ...
Redstone Won't Sell More Stock; Lender Talks `Smooth' (Update2) - BloombergNov. 13 (Bloomberg) -- Sumner Redstone said he has no plans to sell more stock in Viacom Inc. or CBS Corp., and that talks to restructure debt at his National Amusements Inc. ``are proceeding in a smooth and constructive manner.'' Redstone's closely ...
Redstone's woes are shareholders' too - CNN MoneyLOS ANGELES (Fortune) -- After his own personal mini-meltdown caused him to sell some of his shareholdings in CBS and Viacom, Sumner Redstone said this week that the situation is under control and that he won't be selling any more. Meanwhile, media ...
Profligate Executive Owes Billion To 55 Lenders - GawkerIt's almost enough to make you feel sorry for the belligerent old Viacom and CBS owner: Sumner Redstone is facing the sort of debt that would send most people into a nervous breakdown. First he has to weasel out of paying an $800 million Bank of ...
446 acres in Port St. Lucie may be rezoned for 1,800-home development - Palm Beach PostThe Port St. Lucie City Council gave preliminary approval at Monday night's meeting to rezone 446 acres from agricultural land to a planned 1,800-home development. The property is south of Midway Road between McCarty and Shinn roads. The property's ...
Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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