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Financial News
BHP risks losing balance on regulatory tightrope - Financial Times
The European Commission's objections to BHP Billiton's $80bn hostile bid for Anglo-Australian mining rival Rio Tinto will spill into the public domain this month with the regulator tipped to demand the sale of iron ore assets as a prerequisite for ...

Russia-China $25bn Loan Talks set to Re-Open - Oilvoice.com
Russia 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 ...

Austral Pacific Announces Interim Results - Oilvoice.com
A one-off $3.3 million write-off has seen listed exploration company Austral Pacific post a $2.93m before tax loss in its third quarter. Austral Pacific yesterday filed its Q3 interim accounts. Austral Pacific chief executive officer Thompson Jewell ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

The Credit Crunch Squeezes Municipal Bonds - US News and World Report
Municipal bonds help cities, hospitals, museums, and universities raise cash to build bridges, new dormitories, and wards. They are generally considered some of the safest investments available. But the subprime sludge that has muddied so much of the ...

Home owners hit by mortgage rate rises - Daily Telegraph
HSBC, Woolwich - which is part of Barclays - and Yorkshire Building Society announced rises of up to 0.5 percentage points on some of their most competitive mortgages. Experts expect a "torrent" of lenders would follow suit because banks are nervous ...

HUD offering new program to prevent foreclosures - Atlantic City Press
The U.S. Department of Housing and Urban Development has begun offering a new program to help homeowners facing the risk of foreclosure. Starting this month, Hope for Homeowners will refinance the mortgages of qualifying homeowners having trouble ...

Give the people share of bailout, readers propose - Atlantic City Press
These are tough times, no doubt about it. The economy has slowed dramatically, Wall Street is in crisis and many of us are struggling to pay our bills. Now, Congress and President Bush have approved a $700 billion bailout - oops, they call it a ...

Home, sweet home - Meganmcardle.theatlantic.com
I don't know what to make of the fact that housing sales were apparently doing better in September , before the main crisis hit. Just clearing out some foreclosed inventory, buyer capitulation, or some actual signs of stabilization? I'm not sure it ...

Economic Problems Threaten Central and Eastern Europe - BusinessWeek
First, the financial crisis hit the U.S. Second, the fallout made its way across the Atlantic to Europe. Now, the credit crisis has its sights set on Central and Eastern Europe (CEE) — to date, the fastest growing region of the Old World. Yet this ...

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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
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