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Gem (Growing Equity Mortgage) Defined

Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan.

This definition is in context to Finance. See more contextual defintions for Gem (Growing Equity Mortgage).


Diamonds lose their lustre

Published September 4, 2008, 9:15 am, News 24 South Africa

Rough diamond prices have turned weaker as even well-heeled US buyers hold off on purchasing these ultimate luxury items.

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Dry times for hedge funds

Published September 4, 2008, 3:52 am, Asia Times

In olden days, explorers sailing the world's oceans in search of new profit opportunities navigated the unknown by means of looking to the heavens and guiding by the stars.

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Pueblo howling about return of college football

Published September 3, 2008, 3:49 pm, Rocky Mountain News

On Saturday, the CSU-Pueblo ThunderWolves will revive a football program that has been missing from the football-mad city for almost 25 years.

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60 events that'll catch your eye this fall

Published September 3, 2008, 12:04 pm, Creative Loafing Atlanta

This season has something for everyone...  Sometimes it's hard to tell when the seasons change down South. If the thermometer were your only guide, it might not feel like autumn until Thanksgiving. Luckily, Atlanta's cultural scene is rich enough to draw the line between summer and fall. From state fairs to Swan Lake, Oktoberfest to Halloween, David Byrne to James Bond, this season has something ...

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Pearlstein: Federal Loans for the Auto Industry?

Published September 3, 2008, 9:47 am, Washington Post

Washington Post columnist Steven Pearlstein was online Wednesday, Sept. 3 at 11 a.m. ET to discuss whether federal loans to help the auto companies retool themselves to build more fuel efficient cars are a good idea - or is this just another form of a bailout?

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Watch, Listen & Read: The month in media

Published September 2, 2008, 3:01 pm, USA Today

When Western Novelty, a distributor of kitschy products, decides to outsource customer service from Seattle, manager Todd Anderson (Josh Hamilton) must go to India "Eight heads for the price of one!" his boss crows to train his replacement in this funny gem of a workplace romantic comedy.

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Not everyone can celebrate Labor Day, the unofficial end to summer

Published September 2, 2008, 11:55 am, The Danville Advocate-Messenger

Labor Day is the first Monday in September created to give a day of rest to the working man and woman.

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(AFX UK Focus) 2008-09-02 10:26 DIARY - Key World Financial Events to Nov 12

Published September 2, 2008, 2:58 am, Interactive Investor

Sept 2 (Reuters) - For the World Elections diary double click on [VOTE/DIARY].

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September

Published August 31, 2008, 1:04 am, The Springfield News-Leader

Discovery Center's "Sea Life Rescue" features an on-site exhibit as well as an interactive video conference connection with staff from Mote Marine Laboratory and Aquarium in Sarasota, Fla. The exhibit continues through Sept. 11 at Discovery Center, 438 St. Louis St. Museum admission is $7; $6 for seniors and $5 for ages 3-12; free for ages 2 and younger. Hours are 9 a.m.-5 p.m. Tuesday-Thursday; ...

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In Business Q and A

Published August 29, 2008, 8:59 am, In Business Las Vegas

In his 14 years in investment banking, helping casino companies line up financing, Scott Butera made a career-changing discovery: He really enjoyed the gaming industry.

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