Balloon Payment ¿ A large, lump-sum payment on a loan, most often due at the end of a payback period, such as five or 10 years. Essentially, these loans do not
ECC Capital to Consolidate Facilities IRVINE, Calif. - ECC Capital Corp., a mortgage finance real estate investment trust, said Friday it will lay off 27 percent of its work force to cut costs and improve
Mortgage Scams and How to Fight Back If You've Been Swindled What should you do if the home loan you signed for isn't the one you received? Lew Sichelman addresses bait-and-switch schemes and offers information on where to go for help
Residents: Sign enforcers go too far "The intent of the warning is `hey, pick up the phone and talk to us,' " Warnings issued, but was work being done? MEGHA SATYANARAYANA meghas@charlotteobserver.com Charlotte zoning enforcers
College students burdened by credit card debt "It's expensive to market to people who have credit cards with other companies." WASHINGTON - Lavina Ramchandani, 20, got an American Express card two months ago so she could
Mortgage lending slowed in October (Reuters.co.uk) Underlying mortgage lending rose by 4.3 billion pounds in October, compared with a downwardly revised 4.7 billion pounds in September.read more...
September saw another drop in local home sales. We are headed into a tough time of year to sell a home in the Rochester area.
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