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Today's Mortgage Terms starting with R

Refinancing:

The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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Richmond refinance mortgage news:
Financial News
Insurance shares slump, with Hartford down 29 pct - Forbes
Shares of Hartford Financial Services Group Inc. and other life insurers fell Wednesday as investors grew more concerned about the sector's large exposure to commercial mortgage investments and the variable annuity business. Shares of Hartford ...

Fed officials: Housing is basis for recovery - Inrich.com
The U.S. economy is not likely to recover until the housing market stabilizes, according to experts from the Federal Reserve Bank of Richmond. And the housing industry is still in distress, though the Richmond area is faring better than most. The ...

Tough times for real estate agents, bankers - Northwest Herald
During the boom times, Jan Leider liked to take five vacations a year. Now, the president of Northwest Mortgage Services takes one. Leider's Crystal Lake business is off. She is selling about half the number of mortgages that she did during the first ...

November 2008 - Weblogs.baltimoresun.com
His Eminence James Francis Cardinal Stafford criticized President-elect Barack Obama as “aggressive, disruptive and apocalyptic,“ and said he campaigned on an “extremist anti-life platform,” Thursday night in Keane Auditorium during his ...

More Business - San Francisco Gate
Neighborhoods with affordable home prices, a historical popularity with minority home buyers, and a lot of new construction have been more prone than others to spikes in foreclosures, according to a Chronicle analysis of housing and census data ...

Steven Pearlstein - Washington Post
Washington Post columnist Steven Pearlstein was online Wednesday, Oct. 15 at 11:00 a.m. ET to discuss the stock market's return to a state of relative calm and where we go from here. About Pearlstein: Steven Pearlstein writes about business and the ...

ROI Capital completes $118 million in new loans - CNW Group
TORONTO, Sept. 22 /CNW/ - ROI Capital Ltd. (ROI) is pleased to announce the recent closing of seventeen new private placement loans along with seven follow-on loans to existing ROI portfolio companies. With the completion of these loans, ROI has ...

Obama, McCain play who’s the socialist - Politico.com
CINCINNATI, OHIO — A week after each candidate’s tax plan took center stage at the third presidential debate, the candidates continued to spar over Barack Obama’s comment that his plan would “spread the wealth around.” At a Wednesday press ...

Dropping Anchor: Bank's stock plummets, but officials optimistic about ... - Wisconsin State Journal
Madison's largest home-grown bank is smarting. Stung by a series of problem loans -- including $48 million in a bankrupt downtown Milwaukee condo project -- AnchorBank has seen its stock price plummet and its balance sheet deteriorate. Shares of ...

Gillard flags childcare rethink - Australian Broadcasting Corp.
Education Minister Julia Gillard has indicated the Government may seek tighter controls over the childcare industry in the wake of yesterday's collapse of ABC Learning. Ms Gillard has blamed the Howard Government for letting the private childcare ...

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