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Today's Mortgage Terms starting with O Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal. View all Terms

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Pressure on Citigroup builds, shares fall below $4 - Associated Press
NEW YORK (AP) -- Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the ...

Citigroup's options dwindle as shares under $4 - Associated Press
NEW YORK (AP) -- Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company. As the banking giant's shares slid below $4, analysts said Friday it may be ...

Banking crisis hitting home - Taunton Gazette
The Wall Street banking crisis isn’t just affecting the big players. “There’s no good news,” said Edward E. Sousa, vice president of and commercial loan officer for Bridgewater Savings bank. And, he added, “It’s starting to hit home ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. The presidential candidates are in Music City, Nashville, Tenn. for their second debate, in a Town Hall format. The Dow fell another 500 points ...

Free Market Capitalism Is Still the Best Path To Prosperity - Richmond Times-Dispatch
We live in a world in which our economies are interconnected. Prosperity and progress have reached farther than any time in our history. Unfortunately, as we have seen in recent months, financial turmoil anywhere in the world affects economies ...

Leverage Is an 8 Letter Word - Safe Haven
Leverage is an eight-letter word, which the markets now regard as twice as bad as the two four-letter words debt and pain (or fill in your own four-letter words). This week I try to give some insight into what is happening in the credit markets, some ...

Update: Kagen opposes automakers' bailout; others from state open to ... - Green Bay Press-Gazette
Senate proposals to rescue the carmakers appear stalled because key Republicans oppose using more taxpayer money to rescue companies they consider badly managed. Congress approved $25 billion in federally subsidized loans through the Energy ...

TheStar.com | Business | GM Canada's pension plan troubled before ... - Toronto Star
G eneral Motors pensioners in Canada are seeking advice from a leading pension lawyer as the embattled automaker holds out its hand for help from the American and Canadian governments. Mark Zigler of Koskie Minsky LLP, whose firm has represented ...

Just the Facts... - Safe Haven
For the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...

Rep. Steve LaTourette seeks help from President Bush to stop National ... - Cleveland Plain Dealer Blog
Evan Vucci/Associated Press Treasury Secretary Henry Paulson, left, testifies before the House Financial Services Committee this morning. Federal Reserve Chairman Ben Bernanke is at right. Updated 6:54 p.m. WASHINGTON -- National City Bank weathered ...