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GLENS FALLS - The Nature Conservancy is close to finalizing a plan for 161,000 acres of Adirondack forestland it bought from Finch, Pruyn & Co. in June 2007. "We gave ourselves 18 months to sort out what our priorities are for the property," said ...

AmTrust ordered to improve finances - Cleveland Plain Dealer Blog
AmTrust Bank of Cleveland is under fire from federal regulators for not having enough money in reserves, and it has been ordered to not make any new loans for land acquisition, development or speculative residential construction. The bank, which was ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Local mall operator says it's at risk for default - Boston Globe
The mall operator whose portfolio includes such local shopping centers as Natick Collection (above), Faneuil Hall Marketplace , and Providence Place warned that it faces solvency trouble. Shares of General Growth Properties Inc. fell yesterday after ...

What is the single most important ramification of the election? - Atlanta Journal Constitution
Before I tackle this week’s topic, I must first congratulate Barack Obama. Even the election of a man with whom I deeply disagree makes me proud to be an American. I will probably object to his policy priorities, but the ascendance of our first ...

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 ...

Brookdale Announces Third Quarter 2008 Results - Marketwatch
- Occupancy at the end of the quarter was 90.3%, up 1.3% from the end of June to the end of September. - Average occupancy for the third quarter was 89.7%, versus 88.9% for the second quarter of 2008. - Revenue for the third quarter was $482.3 ...

Share comments - Palm Beach Interactive
I’ve stayed largely silent on the William Ayers controversy because, while associating with someone of that nature is completely reprehensible, I’m not altogether convinced it’s a poltically effective attack. (I also wish McCain was putting a ...

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I t begins to sound a bit naughty -- all this talk about the need to "stimulate" the economy, as if we were discussing how to make a porn film. I don't mean to trivialize our economic difficulties or the need for effective government intervention ...

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Today's Mortgage Terms starting with E

  • Equity: The difference between the current market value of a property and the total debt outstanding against the property.
  • Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

    View all Terms
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