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News about Mortgages:
Sevierville business owner sentenced for sales tax evasion - WATESevierville business owner Robert Victor Diefenbach pleaded guilty Tuesday to four counts of sales tax evasion. He was granted judicial diversion and sentenced to eight years of supervised probation. Knoxville company Atmospheric Glow Technologies ...
Money Is the Real Green Power: The Hoax of Eco-Friendly Nuclear Energy - Common DreamsNuclear advocates in government and the nuclear industry are engaged in a massive, heavily financed drive to revive atomic power in the United States-with most of the mainstream media either not questioning or actually assisting in the promotion ...
Can a touch of pink help turn reliably conservative state blue this ... - Washington BladeGay rights advocates and gay-supportive members of Congress say they remain uncertain whether two important gay rights bills can clear the Senate before lawmakers adjourn in the fall to devote their efforts to the upcoming presidential and ...
Corrections and clarifications - Milwaukee Journal SentinelAn article Wednesday about a proposed merger of Milwaukee County justice facilities incorrectly stated that the House of Correction is in County Supervisor Paul Cesarz's district. It is in Supervisor Mark Borkowski's district. An item in the Life ...
D-FW Top Public Companies - Dallas Morning NewsThe corporate landscape in Dallas-Fort Worth is in the midst of its biggest shakeup since the fallout from the tech bust five years ago. The proof is in the turnover in our list of the biggest publicly traded companies. For this year's list, which is ...
Conservative PAC at odds with Ramsey over primary - WATEA photographer who took photos for Tim Barnes' state Senate campaign contends Sen. Rosalind Kurita's camp used one of the photos for a negative campaign ad without compensating or notifying her. Hydrogen-powered cars on a nationwide tour of 18 states ...
You're on your own - Arkansas TimesEarlier than usual, I leave it in the capable hands of blog readers. I have to check out of my San Francisco hotel and wander the streets until a red-eye flight at 1 a.m. I had a great stroll this morning through Chinatown, packed with throngs of ...

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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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