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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

Franklin home equity loans news:

Signature Bank to Present at the J.P. Morgan Tenth SMid Cap Conference - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that its management plans to present its corporate story at the upcoming J.P. Morgan Tenth SMid Cap Conference. The conference ...

Pimco, Franklin, GM Bondholders May Lose 75% for Aid (Update3) - Bloomberg
Nov. 26 (Bloomberg) -- General Motors Corp. may ask unsecured debt holders Franklin Resources Inc. and Pimco Advisors LP to accept as much as two-thirds less than the face value of their bonds as the automaker cuts debt in a bid to win U.S ...

Pimco, Franklin GM Debt Value May Fall 75% in Aid Bid (Update1) - Bloomberg
Nov. 26 (Bloomberg) -- General Motors Corp. may ask unsecured debt holders Franklin Resources Inc. and Pimco Advisors LP to accept as much as two-thirds less than the face value of their bonds as the automaker cuts debt in a bid to win U.S ...

Local builders tell of headaches with FDIC - Houston Chronicle
Local builders who had loans with defunct Franklin Bank SSB worry that the Federal Deposit Insurance Corp. could cost them business because of its cumbersome bureaucracy. Bank regulators seized Franklin nearly three weeks ago and arranged for Houston ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

New home construction hits a wall - Raleigh News & Observer
Permits for new homes are lowest in a decade; the drop foreshadows job and revenue losses Triangle homebuilders are parking their bulldozers as sales of homes in the region continue to plummet -- a trend that could mean more job losses and tighter ...

The Coming Recession - Reason.com
As this issue of reason goes to press, the dollar is at a record low against the euro, oil is more than $100 a barrel, consumer prices are up 4 percent from a year ago, and Federal Reserve Chairman Ben Bernanke is cutting interest rates so often that ...

History says La. insulated from ills - Alexandria Daily Town Talk
The real estate market is a buyer's market for the first time in six years, helping to keep agents in Central Louisiana busy during otherwise slow economic times. Rod Noles, president of Noles-Frye Reality in Alexandria, said the numbers for the past ...

Beyond the Bailout State - Huffingtonpost.com
On a December day in 1932, with the country prostrate under the weight of the Great Depression, ex-president Calvin Coolidge -- who had presided over the reckless stock market boom of the Jazz Age Twenties (and famously declaimed that "the business ...

Highlights from history: How America went from 'nation of renters ... - Marshall Democrat-News
Editor's note: Nationwide, the housing market crisis is spreading throughout the economy. Staff writer Kathy Fairchild has been doing research on how the crisis is affecting Saline County, how the situation developed and what people can do to weather ...