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Irish impact: Clausen is biggest key to success - NBC SportsJust days before Notre Dame kicks off the 2008 season versus San Diego State, we give you a Top 25 ranking of Irish impact players this season. This is not a ranking of the best players on the roster (if it were, David Bruton would be No. 1), but ...
World's richest got richer - Macon Daily(Pic)- Some of the top 10 from Forbes list of "400 Richest Americans" are (clockwise from top left) Bill Gates, Warren Buffett, Paul Allen, Lawrence Ellison, Michael Dell, and Robson Walton. (Information from Forbes World's Richest People list) Pic ...
Roll Back the Reagan Tax Cuts - Common DreamsOur bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a ...
Unstoppable Obama - Common DreamsWhen did you begin to think that Obama might be unstoppable? Was it when your grown feminist daughter started weeping inconsolably over his defeat in New Hampshire? Or was it when he triumphed in Virginia, a state still littered with Confederate ...
INDUSTRY NEWS & PEOPLE January 2008 - Business Travel ExecutiveThe Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...
Gresham Computing Wins CAIB’s Prestigious Diamond Award - PR.comGresham Computing plc was the proud recipient of the Diamond Award from the Caribbean Association of Indigenous Banks (CAIB) at its annual conference November 12-15, 2007 in Georgetown, Guyana. This award recognizes organizations who have through ...
SUSD bond wins (UPDATED: 6:05 a.m.) - RecordSTOCKTON - Only 15 minutes after the polls closed Tuesday night, Measure Q campaign director Don Parsons looked at the early returns, smiled and said unwaveringly, "It's over." Indeed, the Stockton Unified School District's $464.5 million bond won ...
Don Walton: Hang on -- 2008 will be a wild ride - Lincoln Journal StarProbably a tough year ahead with the Middle East a threat to fly off its hinges and always the possibility of danger at home. But there’s some real fun ahead. The Olympic Games in Beijing. Wide-open pennant races. Virginia Tech v. the 3-0 Huskers ...
IN THE SPOTLIGHT - Harvard Business ReviewAs we're finding out the hard way through disasters like the mortgage meltdown, yesterday's approaches to strategy simply cannot power the economies or businesses of the 21st century. Description: Rapid growth and globalization have created many ...
Fortenberry shows independent streak - Lincoln Journal StarLast week, Rep. Jeff Fortenberry voted to override President Bush’s veto of a major appropriations bill and supported the Democratic majority’s mortgage reform plan. Not only did that separate him from most of his Republican colleagues, he also ...

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Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
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