Word: mortgagee
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After living in their two-story, Mediterranean-style house in Orange County, Calif., for almost 18 years, Norm Bour, 51, and his wife Peggy, 57, are refinancing for the fourth time. Not only will they lower their house payments by $200, but the Bours will also tap into their equity...
Hundreds of libraries across the nation turn over lists of recalcitrant borrowers to companies like Unique Management Services, an Indiana-based collection agency that specializes in libraries. Forget to return that book for more than 120 days, and even your credit rating can take a hit. A Boise, Idaho, family...
After all, for most of the year caretakers live a good life, working in houses in scenic settings that are not all that different from the comfortable middle-class existence they enjoyed before retiring. Except now the mortgage payments, property taxes and maintenance expenses are someone else's problems.
Rockower and Krugman may, of course, be proven wrong, and the real estate market could continue to climb for some time to come. As with stocks, bonds and other investments, it's often difficult to make blanket statements about the entire real estate market, especially since home prices vary wildly...
Christian businesses were once easy to spot only if they belonged to the $4.2 billion industry of producing and marketing Bibles, CDs and other explicitly Christian products. Large corporations with Christian foundations--the Curves fitness chain, Chick-fil-A, Servicemaster--have quietly tucked religious principles in mission statements or employee...