Altoona Mortgage Rates and Information Online from competing Lenders
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You should get to know ... CARMIE RENDA - Des Moines RegisterOwner, Bordo's Eatery & Sauce, West Des Moines; owner, Olde Town Tap, Altoona; and vice president of Mortgage Loans, City State Bank, Norwalk Job description: As a loan officer, I help people accomplish their dreams of home ownership. I also find ...
Demolition halted; plans for site remain mystery - Tribune-DemocratEBENSBURG — Codes enforcement officials on Wednesday halted demolition of a building on land the state sold to Altoona-based developers. Meanwhile, long-term plans for the five-acre site near the intersection of routes 219 and 22 still are under ...
'Hope Now' Hot Line Frustrates Borrowers Needing Help Now - BusinessWeekA telephone hot line run by the Hope Now Alliance , a public-private partnership launched by the White House in October as a lifeline for homeowners facing foreclosure, appears to be leaving many callers more frustrated than hopeful. The hot line’s ...
Home Prices Across PA Tumble, Study Finds - Yahoo FinanceHARRISBURG, Pa., Sept. 9 /PRNewswire/ -- As policy makers in Washington, D.C., scrambled yet again over the weekend to contain our national financial crisis -- this time through a government takeover of mortgage giants Fannie Mae and Freddie Mac ...
RSS Feed: Local News - Tracy PressJust when I thought the presidential race was about to heat up in a good way, I learn that there are a few people out there who can’t stand the heat and just need to get out of the kitchen. It’s sickening how the John McCain/Sarah Palin double ...
Political Punch - ABC News BlogsJake Tapper is ABC News' Senior National Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. Friday afternoon in Kettering, Ohio, Sen. Joe Biden, D-Del., took ...
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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