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Bankruptcies & Foreclosures - The LedgerThe following businesses or individuals filed bankruptcy petitions in the U.S. Bankruptcy court in Tampa from Sept. 25-Nov. 12, 2008. Chapter 7 filings are for companies and/or individuals whose assets are being liquidated to pay creditors; Chapter ...
Commercial deed transfers from Nov. 3-30, 2008, edition - Star-BannerGPT Properties LLC to E.W. Cates Jr. Marion County: $4,000,000. On Top of the World Communities Inc. to Joseph Godbout. Candler Hills East: $166,000. Pulte Home Corp. to David Dunn. Cimarron: $187,935. James Estes to U.S. Bank NA Trust. Country ...
Oct. 10 - Journal InquirerWhen I was elected to Congress, I pledged to act in the best interest of my constituents and the nation, and I cast my vote with the families of eastern Connecticut first and foremost in my mind. Leadership from both parties urged their members to ...
McCain to Obama: “My country has never had to prove anything to me ... - Embeds.blogs.foxnews.comSPRINGFIELD, VA — John McCain took aim Saturday at remarks Barack Obama recently made in which the Democrat said his faith in America “was vindicated” when he won the Iowa caucuses. “We learn more and more about Senator Obama. He said the ...
Today's Mortgage Terms starting with F
Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.
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