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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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Mercer home equity loans news:
Financial News
Prosecutor: Exec used company as 'piggy bank' - Seattle Times
A former Seattle software executive used his company as a "personal piggy bank" while overstating its revenues to attract $50 million in private investment, a prosecutor said Friday. Paul Thomas Johnston, founder and chief executive of startup ...

Money Crisis: Anxiety for credit-sensitive businesses - Packet Online
Members of the greater-Princeton financial and business community have been as riveted as the rest of the nation by the struggle in Congress to pass a $700 billion economic package. The measure, which has been described as both a “bailout” and a ...

October September August July June May April March February January ... - Nypress.com
Home ...

Local banks: ‘We’re all making money’ - Tribune-Democrat
Allan Dennison, president and CEO of AmeriServ Financial, hasn’t seen his customers with as much interest in the business of banking for more than eight years. In 1999, the curiosity and concern about financial institutions was generated by the Y2K ...

Felony DUI hits (another) roadblock -- a big one... - Spokane Spokesman-Review
For all the wrangling and deal-making in the House, Senate Majority Leader Lisa Brown said Tuesday night, the Senate hasn't had time to consider the multi-million dollar proposal. Although there are procedural ways for lawmakers to bring up budget ...

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