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Give MBNA credit

Give MBNA credit Shares of the nation's premier credit-card issuer look notably undervalued. April 11, 2005: 7:10 PM EDT By Michael Sivy, CNN/Money contributing columnist NEW YORK (CNN/Money) - Investors have become increasingly nervous about the market's future. Fears about terrorism, high oil pri... : Give MBNA credit

Housing Starts Rise to Nearly 21-Yr High

By Kristin Roberts WASHINGTON (Reuters) - A jump in starts on single-family housing pushed total U.S. housing starts to a nearly 21-year high in January, but other data released on Wednesday were not as robust. Home mortgage applications dipped last week and industrial production was flat in January as warm weather dampened demand for heating and dragged down utilities output. Many analysts, and U.S. housing industry officials, said housing starts in January indicated solid economic growth i... : Housing Starts Rise to Nearly 21-Yr High

Graduated-payment mortgage (GPM)

A mortgage loan requiring lower payments in early years than in later years. Payments increase each year until the installments are sufficient to pay off the loan.... : Graduated-payment mortgage (GPM)

Why do I need homeowners insurance?

For most of us, our home is the single biggest asset we will invest in. Homeowners insurance provides coverage for your personal belongings, coverage for damages to the structure of your property, and liability coverage which pays for bodily injuries and property damage to other people if you are liable.... : Why do I need homeowners insurance?

Freddie Mac '04 Profit Drops More Than 40 Pct

WASHINGTON (Reuters) - Freddie Mac (FRE.N: Quote , Profile , Research ) , the second-largest U.S. home financing company that is pushing to emerge from a scandal-marked era and repair its bruised reputation, on Thursday reported 2004 profit dropped more than 40 percent. Freddie earned $2.8 billion, or $3.78 per share, in 2004, compare... : Freddie Mac '04 Profit Drops More Than 40 Pct
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