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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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Financial News
Zacks Bull and Bear of the Day Highlights: MEMC Electronic Materials ... - MSN MoneyCentral
MGIC Investment Corp ( MTG ) Stock Quote , Chart , News , Add to Watchlist MGIC is the largest private mortgage insurer in the U.S., offering private mortgage insurance across the country, the District of Columbia, and in Puerto Rico through its ...

New Orleans home-loan program builds slowly - New Orleans Times-Picayune
After months of dickering and false starts, the centerpiece in New Orleans' strategy of clustering people in viable neighborhoods is finally off the ground with forgivable loans for first-time homebuyers. A handful of low- to moderate-income families ...

Delta, Northwest airlines post traffic declines - Milwaukee Journal Sentinel
Dec. 4, 2008 2:50 p.m. | Delta Air Lines Inc. today reported November traffic declines for both its Delta and Northwest Airlines units. For the Delta operations, revenue passenger miles in the United States dropped 10.5% compared to November 2007 ...

State business highlights 11/27 - Daily Herald
SALT LAKE CITY -- Hotel occupancy rates -- a key indicator of the health of the state's tourism industry -- declined nearly 5 percent in Utah last month compared with last year. Figures from the Rocky Mountain Lodging Association show the statewide ...

Oxygen Funding Helps Orange County Businesses Through the Credit ... - Earthtimes
LAKE FOREST, Calif. - (Business Wire) Oxygen Funding Corporation ( www.oxygenfunding.com ) is a growing factoring company that provides cash flow solutions to businesses in Southern California. Oxygen Funding provides cash to qualified clients with ...

BC-UT--Economy-Court Filings,1st Ld-Writethru/338 - Daily Herald
SALT LAKE CITY -- The lagging economy appears to be driving up civil court filings in Utah. Mortgage foreclosures and liens were up 111 percent between July and October compared to the same period last year. A court analysis also indicates that the ...

Market Slows, but Kennedy Funding's $3.614 Million Loan Keeps ... - PR Newswire
CITY OF LAKE FOREST, Calif., Dec. 2 /PRNewswire/ -- Kennedy Funding, a leading direct private lender based in Hackensack, NJ, has closed a loan for $3,614,000 to Rancho Portola Investments, LLC. The loan is to help the developer continue work on a ...

Business is slow, even at the foreclosure auction - Austin American-Statesman
Still, about 100 people stood in a cold wind outside the Travis County courthouse on Tuesday morning to look for good deals amid scores of homes being auctioned because their owners could not keep up with the mortgage payments. With a pocket full of ...

Sheriff: Law requires processing foreclosures - Pocono Record
Monroe County Sheriff Todd Martin says his office has no choice but to continue processing the record high number of local home foreclosure notices. "I'd love to see some type of relief," Martin said Tuesday. "None of us want to see people getting ...

Court cases surge as Utahns cope with economic woes - Salt Lake Tribune
A bad economy historically means more business for the courts. "If you go back over the last 15-20 years, whenever there's a downturn ... you generally see an increase in civil filings," said state Courts Administrator Daniel Becker. Sure enough ...

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