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Today's Mortgage Terms starting with O

Origination Fee:

Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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Financial News
State grant to help fund mountain fiber optic study - Access North GA
DAHLONEGA - Communications in the mountains of northeast Georgia could be getting a boost thanks to a state grant, one of several announced by Gov. Perdue and the OneGeorgia Authority. The Development Auhority of Lumpkin County is getting $192,000 to ...

European stocks down on profit-taking - Associated Press
LONDON (AP) -- European stock markets fell Wednesday as investors booked recent profits despite further advances on Wall Street and most Asian markets. Expectations that the European Union will call on its 27-members to boost spending by over $150 ...

NYT scribe: No bailout for Tesla-buying 'centimillionaires*' - The Register
A New York Times columnist has launched an attack on the idea of electrocar poster-child firm Tesla Motors receiving "bailout" federal loans, saying that the company's products are toys for the super-rich. Tesla says that the only reason it wants the ...

Our troubled economy - Minneapolis Star Tribune
S ouring loans and a weakening economy are taking an increasingly heavy toll on the nation's banks -- and Minnesota institutions aren't faring much better. Nationally, earnings for insured banks plunged 94 percent, falling to just $1.7 billion in the ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. That has been the mantra of CEOs up and down Wall Street throughout this year’s financial crisis. Lehman Brothers Holdings’ Dick Fuld used ...

Hong Kong shares end morning up 3.6 pct; China property counters soar ... - Forbes
HONG KONG (XFN-ASIA) - Share prices finished the morning sharply higher led by China stocks after Beijing unveiled aggressive monetary easing measures. China banks outperformed on expected lending growth, while mainland property developers soared ...

Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe Haven
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

Tom Acitelli - New York Observer
Yowza! In an email time-stamped 6:38 a.m., The Real Estate Group New York declared that Manhattan was now, for all intents and purposes, a tenant's market going forward. "Landlords are feeling a lot of pressure this month," Daniel Baum, the firm's ...

New businesses - Providence Journal
BANAI ENTERPRISES LLC: A: Tawab Banai, 287 Armistice Blvd., Pawtucket 02861. Subway restaurant. October 24 Sayer, Regan, Thayer & Flanagan, LLP: P: Richard N. Sayer, 617 Paradise Ave., Middletown 02842. Law practice. Mastech, Inc.: P: Steven J ...

Lost auto jobs pegged at 15,000 - Globe and Mail
david tarbuck from Ukraine writes: It is not clear how much of the $25 billion Canada will end up footing?? Nor clear to Whom? The answer to that one ought to be NO! Thank you but Canada will decide independently on how/what/when and most important ...

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