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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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Cochran home equity loans news:
Financial News
Columbia Bancorp Reports Third Quarter 2008 Financial Results - CNBC
THE DALLES, Ore., Oct 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- Columbia Bancorp (Nasdaq: CBBO), the bank holding company for Columbia River Bank, today announced its third quarter 2008 financial results. In response to the unprecedented economic ...

WaMu outlook weak but soothes some investors - Guardian Unlimited
NEW YORK, Sept 12 (Reuters) - Washington Mutual's plans for another big write-down, along with its declaration that it has enough capital to survive, soothed some investors and analysts who feared the housing crisis might cripple the lender. The ...

Wells Fargo's Wachovia Bid Sparks Feud With Citigroup (Update2) - Bloomberg
Oct. 3 (Bloomberg) -- Wells Fargo & Co. offered $15 billion for Wachovia Corp., setting up a contest with Citigroup Inc. for control of the embattled North Carolina lender. Citigroup demanded Wells Fargo abandon the takeover, claiming it breaches an ...

Fed Takes Control of AIG With $85 Billion Bailout (Update4) - Bloomberg
Sept. 17 (Bloomberg) -- The U.S. government took control of American International Group Inc. in an $85 billion bailout to prevent the bankruptcy of the nation's biggest insurer and the worst financial collapse in history. The Federal Reserve will ...

The Obama Generation - He's No Pied Piper - Common Dreams
He's been called an empty suit. A hack. A panderer. He's faced absurd allegations that he has no specific policy initiatives, no meaningful experience, and no fighting spirit. But of all these distortions, the one that galls me the most is the ...

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