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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

Richmond mortgage loan news:

Foreclosure crisis hits Virginia - News-Virginian
RICHMOND — The number of foreclosures in Virginia more than doubled during the first 11 months of 2008, compared with all of 2007. Data analyzed by the Richmond Times-Dispatch show 27,938 foreclosures statewide in the 2008 period for all property ...

Surviving a layoff - Dothan Eagle
RICHMOND - Eight months pregnant, Keisha Snead got word in March that her job would disappear at the end of the day. Like thousands of others in the struggling economy, she was reduced to an uncomfortable status — unemployed. Job losses during the ...

Rescue me!: Foreclosures sweep through housing markets - TradingMarkets.com
There are some last-minute things you can do to save your home, said Nicole Caldwell, the vice president of professional services at Consumer Credit Counseling Service. "It's never too early to get help. Don't be afraid of talking to the mortgage ...

2009: The War on Capital(ism) Must Be Stopped - Seekingalpha.com
1 a (1): a stock of accumulated goods especially at a specified time and in contrast to income received during a specified period; also: the value of these accumulated goods (2): accumulated goods devoted to the production of other goods (3 ...

OTCPicks.com Stocks to Watch for Monday, January 5th AANB - Transworld News
OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets. In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for ...

Property shows: Sold on television - Daily Telegraph
Talk about busy. Not only is John Rennie filming 20 episodes of a new BBC property show, but he has journalism lectures to deliver, his finance column and podcast to write, an East End history to compile, and five Italian websites to maintain ...

U.S. Federal Reserve Meeting Minutes for December 16 (Text) - Bloomberg
Jan. 6 (Bloomberg) -- Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on December 16. A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal ...

Fed Sailing Into Treacherous Waters in 2009 - HispanicBusiness.com
The uncharted waters into which the Federal Reserve sailed in 2008 could become even more treacherous in the year ahead. Will the unprecedented measures that the Fed, the Treasury, the Federal Deposit Insurance Corporation and other authorities took ...

Wall Street enjoys upbeat start to 2009 - Oakland Press
NEW YORK (AP) — Wall Street started the new year with a big rally Friday, as investors, brushing aside a disappointing report on manufacturing, sent the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two ...

Moret: Louisiana Had Record Year For Economic Development - Bayou Buzz
The Year of 2008 was marked by political change, turmoil and hurricanes affecting much of Louisiana . However, according to Stephen Moret, the Secretary of Economic Development, 2008 produced a record year for Economic Development. Recently, the ...