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Citigroup plans a leaner future, cuts 53,000 jobs - Newsweek
Recommended (6) Citigroup to Buy Wachovia Banking Operations Factcheck.org: Who Really Caused the Economic Crisis? Forbes: What Billionaires Say About the Wall Street Crisis Forbes: What Happened to Lehman and Merrill Lynch? Mortgages: Why Fannie Mae ...

Creative Cost-Cutting Tactics For Small Biz - Forbes
With credit locked up and consumers on the sidelines, small businesses should be sleuthing for any and all ways to shave expenses. Chopping heads only gets you so far--slice into muscle and you may be too hobbled to ride the rebound. "Many think that ...

New alarm over economy as retail sales plummet - Seattle Post Intelligencer
WASHINGTON -- The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. Confronting ...

Ala Moana Center owner may default on debt, file bankruptcy - Honolulu Advertiser
Shares in General Growth Properties Inc., owner of Ala Moana Center and Ward Centers, plummeted yesterday after the company said it may file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The nation's second ...

BPI Energy Signs Carbon Credit Marketing Agreement With Blue Source - Earthtimes
CLEVELAND - (Business Wire) BPI Energy Holdings, Inc. (NYSE Alternext US: BPG) , an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced that it has ...

BPI Energy Receives Notification From NYSE Alternext Regarding ... - CNBC
CLEVELAND, Nov 18, 2008 (BUSINESS WIRE) -- BPI Energy Holdings, Inc. (NYSE Alternext US: BPG), an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced ...

Glenbrook owner warns of bankruptcy - Evening Star
The Glenbrook Square Mall property was assessed by Allen County at $185 million. The mall’s owner, General Growth Properties, is fighting the assessment. Shoppers continue to pack the parking lots and crowd the corridors of Fort Wayne’s Glenbrook ...

NFL Notebook - Tulsa World
Kelly may become more involved: The Washington Redskins envision rookie wide receiver Malcolm Kelly from Oklahoma, who has had knee problems all season, helping at some point in the final six games. Rookie wide receiver Devin Thomas has displayed ...

Suthers cracks down on mortgage ads - Denver Business Journal
Three Colorado mortgage brokers have reached settlements with state Attorney General John Suthers to end what Suthers called the “deceptive use of teaser rates in mortgage-loan advertisements” in Denver newspapers. The agreements were part of a ...

Paul Domowitch: Wall Street woes could affect a team near you - Philadelphia Daily News
While Wall Street's woes are making life miserable for us poor saps on Main Street, you'll be happy to know they're also causing some discomfort for the NFL's 32 teams, particularly those with new stadiums or ones still under construction. Cowboys ...

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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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