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Cops raid local investment firm - SignalThe owner of a local investment company raided Friday by detectives refused to give details about the early morning incidents. Detectives with the Los Angeles County Sheriff Department's Commercial Crimes Bureau detectives were responding to concerns ...
Police Arrests - Orlando SentinelA 15-year-old boy was found not guilty late Friday of murdering a 23-year-old electrician near the Florida Citrus Bowl in 2006, but a jury convicted him of four lesser offenses. Corey Steplight's family rejoiced, while the family of victim Marcus ...
Max Abelson - New York ObserverIn what will surely go down as one of the most splendid flips in the history of ultra-posh New York City real estate, the young hedge fund executive Scott Bommer and his wife Donya, once an anchor for "Good Day Philadelphia," have sold their duplex ...
1984 Republican Party Platform - CNNThis year, the American people will choose between two diametrically opposed visions of what America should be. The Republican Party looks at our people and sees a new dawn of the American spirit. The Democratic Party looks at our nation and sees the ...
Scent Sales Slip ...Again - HappiIt was another year of steady launches and a few high notes, but by the numbers, 2007 was just so-so, according to analysts tracking the fine fragrance market. According to Port Washington, NY-based NPD Group, prestige fragrance sales fell one ...
Sentinel Exclusive: Orlando arena project forges ahead - Orlando SentinelHotelier Harris Rosen has given up his battle against a new Orlando Magic arena, even as the city approved $340 million in financing for the project Monday. The International Drive hotel magnate couldn't find many people willing to sign his petition ...
Property in Florida: How the sun-kissed Florida dream fell apart - Daily TelegraphTurn the clock back four or five years to Florida's boom years in 2003 and 2004. Back then, Britons returning from Orlando were just as likely to have bought a holiday home as a Mickey Mouse corkscrew. Boom and bust: the attractions of Florida in the ...
Cong walkout over rejection of adjournment motion - TribuneReacting strongly to the decision of Punjab Vidhan Sabha Speaker Nirmal Singh Kahlon disallowing the adjournment motion demanding a discussion on the financial position of the state, the Congress staged a walkout from the Punjab Assembly, staying ...

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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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