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3 charged in lawyer James DiMartino's slaying - Newsday
Three people have been arrested in the murder of James DiMartino, a Nesconset lawyer who was found fatally shot in a Commack parking lot last month, police said Monday. One of the suspects, Ronald Thornton, 37, is considered a business partner ...

Hudson City Bancorp, Inc. Did Not Participate in Capital Purchase ... - Earthtimes
Author : Hudson City Bancorp, Inc. PARAMUS, N.J. , Nov. 17 /PRNewswire-FirstCall/ -- Hudson City Bancorp, Inc. (Nasdaq: HCBK), announced today that it did not participate in the Capital Purchase Program (the "CPP") that was established as part of the ...

NOTICE OF FORECLOSURE SALE: Case No. 08-CV-515 - Hudson Star-Observer
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee, in trust for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series ARSI 2006-M3, Plaintiff, vs. DENNIS L. GATZKE and JANE DOE, unknown spouse of ...

LaGrange reviews budget cuts, maintains 0% spending increase - Daily Freeman & Sunday Freeman
It was a very difficult process for everybody up here," said Wagner. The town's revenues have dropped considerably. Countywide, mortgage revenues are down 30%. Wagner anticipates a 27% drop in mortgage tax for LaGrange, to $550,000. "We're hopeful we ...

Our View: Country, state take left turn on Nov. 4 - Hudson Star-Observer
Tom, so by your standards, you hate old white war POW's and women since you voted for Obama. I truly hope that I can assume that your comments on Obama are tongue in cheek? It is, right? If not, I feel for you when you have that overwhelming ...

Milan residents looking at 36% increase in town taxes - Daily Freeman & Sunday Freeman
MILAN - Jean Stewart has three children, a 14-year-old son and 16- and 12-year-old daughters. She is worried about her family's immediate bills and their future bills as their children prepare to go to college. "My food bill has doubled. My ...

More bank regulation a certainty - Reuters
NEW YORK (Reuters) - If markets are to regain a semblance of sanity, financial sector regulation must be tightened or overhauled to ensure that excesses that led to the global market crisis are not repeated soon, or ever. At the Reuters Global ...

Broadway Financial Corporation Receives $9 Million Investment from U.S ... - MSN MoneyCentral
Chairman and CEO, Paul C. Hudson, stated, “ We initiated CPP investment transaction to raise capital to support our continued growth. ” The Company issued senior preferred shares that pay a cumulative dividend rate of five percent per annum for ...

News, sports, living, entertainment and political columns - Bridgeton News
• New Jersey Devils vs. Washington Capitals • New Jersey Devils vs. Washington Capitals • New Jersey Devils vs. Washington Capitals In this video commentary, Assembly members Anthony Chiappone (D-Hudson), Pamela R. Lampitt (D-Camden), members ...

Fitch Places 6 Classes of WBCMT, Series 2007-WHALE 8 on Watch Negative ... - Businesswire.com
CHICAGO--( BUSINESS WIRE )--Fitch Ratings places six classes of Wachovia Bank Commercial Mortgage Trust (WBCMT), series 2007-WHALE 8, commercial mortgage pass-through certificates on Rating Watch Negative as follows: -- $10,138,000 ...

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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