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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

Franklin home equity loans news:

Paulson to Take Over and Restructure Fannie, Freddie (Update5) - Bloomberg
Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson will use his authority to rescue Fannie Mae and Freddie Mac , likely placing the beleaguered mortgage-finance companies under government control as early as this weekend. The Treasury plans to ...

Paulson Intends to Use New Power to Restructure Fannie, Freddie - Bloomberg
Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson will use his authority to rescue Fannie Mae and Freddie Mac , likely placing the beleaguered mortgage-finance companies under government control as early as this weekend. ``Late yesterday I ...

In Defense of Subprime - Cornell Daily Sun
Both Sen. Obama and Sen. McCain have attacked everybody from hedge fund managers to oil companies for the doldrums that our economy is in. The root of all evil, as many would have us believe, is the subprime mortgage market and predatory lenders. Yet ...

September August July June May April March February January 2007 - Nypress.com
Well, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...

Boxer: Guilty of Mommyism! - Slate
The Cafe Milano Candidate: Would he make a good pick for the VP slot? Bill Richardson skirts the issue . ... 1:33 A.M. Big problem for pollsters: The rapid growth of cell-phone-only households . ... It's less clear that, if polls are increasingly ...

Andrew Sullivan, unreliable narrator. - Slate
I'm stunned by Deborah Orin-Eilbeck's death . I didn't know she was fighting cancer. She sent me an email only a couple of months ago cheerfully and sensibly disputing something I'd written arguing that Gov. Vilsack's candidacy would let Hillary skip ...

Billionaires Up, America Down - Common Dreams
When it comes to producing billionaires, America is doing great. Until 2005, multimillionaires could still make the Forbes list of the 400 richest Americans. In 2006, the Forbes 400 went billionaires only. This year, you'd need a Forbes 482 to fit ...

The Conservative Origins of the Sub-Prime Mortgage Crisis - Common Dreams
Hardly a day goes by without a news story about the accelerating number of foreclosures, an economic tsunami that is causing chaos in the housing and stock markets, the banking industry, and the global money markets, not to mention upending families ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Wednesday about a proposed merger of Milwaukee County justice facilities incorrectly stated that the House of Correction is in County Supervisor Paul Cesarz's district. It is in Supervisor Mark Borkowski's district. An item in the Life ...

Felony DUI hits (another) roadblock -- a big one... - Spokane Spokesman-Review
Despite a much-touted House compromise Monday on a bill to allow felony charges against frequent drunk- or drugged drivers, it looks like bill is about to evaporate in the state Senate. For all the wrangling and deal-making in the House, Senate ...