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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

Chase home equity loans news:

Stocks slump after dismal jobs data - MSNBC
NEW YORK - Wall Street slid Friday after news of a rapidly weakening job market had investors fretting the U.S. was in for a long, deep and increasingly painful recession. The Labor Department's report that employers slashed 533,000 jobs in November ...

Capital One buying Chevy Chase Bank for $520M - Boston Globe
NEW YORK— Capital One Financial Corp. said Thursday it will acquire Chevy Chase Bank for $520 million in cash and stock, as it continues to bolster its deposit base to help fund operations amid the ongoing credit crisis. Fresh off receiving $3.56 ...

TEXT-S&PBULLETIN: Cap One Rtg unafctd by Chevy Chase acquisition - Forbes
Dec 4 - Standard & Poor's Ratings Services said today that its ratings on Capital One Financial Corp. (Capital One; BBB+/Stable/--) are not affected by the announcement that it plans to acquire Chevy Chase Bank, FSB (BBB-/Stable/--), due to the terms ...

Pioneer Natural, Cabot Oil, Casey’s, Copart: U.S. Equity Movers - Bloomberg
Dec. 4 (Bloomberg) -- The following companies had unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 4 p.m. in New York. Energy shares plunged after Merrill Lynch & Co. said oil prices may fall below ...

GM Board Reviewing Wagoner’s Plan to Save Automaker (Update1) - Bloomberg
Nov. 30 (Bloomberg) -- General Motors Corp. ’s board is meeting in Detroit to discuss a rescue plan to present to Congress in two days that may determine if Chief Executive Officer Rick Wagoner can save the company and keep his job. Directors ...

Efforts are under way to head off foreclosure - Philadelphia Daily News
At least four huge U.S. mortgage companies and two federal agencies are trumpeting programs to combat the home-foreclosure epidemic that is crippling the economy. But will they work? They are among a slew of efforts, but "none of them have really ...

5 Stealth Financial Stocks to Beware - Smart Money
Bubbles love banks . To properly chase house and stock prices to unsustainable highs, buyers need big dollops of cheaply lent cash. House buyers congratulate each other for using "other people's money." Stock buyers convince each other that prices ...

JPMorgan axes 9200 Washington Mutual jobs - The Age
JPMorgan Chase & Co said it will cut about 9200 jobs at the former Washington Mutual, which on Sept 25 became the largest US bank to fail. The cuts amount to more than 21% of the workforce at Washington Mutual, which ended June with 43,198 employees ...

9,200 WaMu jobs to be axed - Straits Times
NEW YORK - JPMORGAN Chase & Co on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual, which on Sept 25 became the largest US bank to fail. The cuts amount to more than 21 per cent of the workforce at Washington Mutual ...

JPMorgan to Axe 9,200 Washington Mutual Jobs - CNBC
JPMorgan Chase said Monday it will eliminate about 9,200 jobs at the former Washington Mutual , which on Sept. 25 became the largest U.S. bank to fail. The cuts amount to more than 21 percent of the work force at Washington Mutual, which ended June ...