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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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European stocks close higher on US rally - San Francisco Gate
European stocks closed higher Tuesday, tracking a U.S. rally that recovered some of the previous day's sharp losses. Asian markets closed lower earlier in the day. The FTSE 100 closed 1.4 percent higher at 4,122.86, helped by a 12.5 percent jump in ...

UPDATE 1-General Growth gets two-week loan extension - Forbes
PHILADELPHIA, Nov 30 (Reuters) - Shopping mall owner General Growth Properties Inc said on Sunday it won a two-week extension on the maturity of $900 million in mortgage loans, giving it a reprieve as it talks to its lenders about a longer term ...

General Growth gets another debt extension - Forbes
NEW YORK, Dec 1 (Reuters) - Shopping mall owner General Growth Properties (nyse: GGP - news - people ) said on Monday it received an interim debt extension on $58 million in notes related to one of its operating units, giving the company another ...

UPDATE 2-General Growth hires bankruptcy counsel - Forbes
NEW YORK, Nov 19 (Reuters) - General Growth Properties Inc said it has hired law firm Sidley Austin as bankruptcy counsel as it negotiates with lenders for more time to restructure its $27 billion debt. The move does not mean that a Chapter 11 filing ...

Stock & fund quotes - ninemsn
Paulson backs away from buying mortgage assets * Best Buy slashes outlook, adds to economic woes * GM, Ford shares rise on bailout hopes * Intel falls after the bell after warns on fourth-quarter * Dow off 4.7 pct, S&P 500 off 5.2 pct ...

Business Tech - CNET News
All indications are that IT spending growth will be below the rate of inflation in 2009, thus budgets will actually decrease in real terms. If things get worse as many experts predict, it could get really ugly. Nevertheless, there are some technology ...

A Bottom Up Rescue Plan for the Auto, Bank and Mortgage Companies - OpEdNews.com
Obama keeps talking about bottom-up approaches to the economy. Here's how it could look for the big three auto companies and the banking and housing industries. This morning, on MSNBC's Morning Joe, Mike Todd, NBC's political director asked ...

Should the government bail out automakers, too? - Atlanta Journal Constitution
About five seconds after the $700-billion financial bailout passed, politicians asked about saving automakers, too. And then there were the “underwater” mortgage-holders. And really, would it be fair to let Circuit City die? The “where-does-it ...

A transcript follows. - Washington Post
Read today's column . About Pearlstein: Steven Pearlstein writes about business and the economy for The Washington Post. His journalism career includes editing roles at The Post and Inc. magazine. He was founding publisher and editor of The Boston ...

What must John McCain’s endgame strategy be? - Atlanta Journal Constitution
At this point, John McCain’s message must be entirely about buyer’s remorse. Barack Obama is the least-experienced presidential candidate in modern history, has never had to handle a crisis, and would take office in the middle of an economic ...