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Governor's Race talks Economy - WANE-TV
HUNTINGTON/FORT WAYNE, Ind. (WANE) - Both Mitch Daniels and Jill Long Thompson were in northeast Indiana Thursday, but for different reasons. Thursday morning in Fort Wayne, Jill Long Thompson unveiled her plan to lower Indiana's high foreclosure ...

RBA buys record $840m in mortgage-backed bonds - The Age
Australia's central bank bought a record $840 million of mortgage-backed bonds, joining the government's bid to bolster confidence in the market. The Reserve Bank of Australia acquired the home-loan bonds in nine and 13-day repurchase agreements ...

Ex-exec ponders mortgage calamity - Fort Wayne Journal Gazette
Profile Dick Waterfield Title: Former chairman of Waterfield Mortgage Co. Inc. Age: 63 Family: Married to Marni McKinney; father of Randy, who lives in New York; Richard, who lives in California; and Jill, who lives in Zurich, Switzerland ...

Wayne Swan should insist banks pass on full rate cut: Turnbull - The Australian
MALCOLM Turnbull has challenged Wayne Swan over interest rates, accusing the Treasurer of having "run up the white flag" on whether banks should pass on any official rate cut in full. Mr Turnbull said today that if the Reserve Bank cuts official ...

Australian share market soars on Wall Street optimism - News.com.au
Investors poured back into the market, buoyed by belief that the US Congress will pass the $US700 billion Wall Street bailout and that interest rates will fall by up to 0.5 percentage points next week. The All Ordinaries surge was further boosted by ...

Frontenac Mortgage Investment Corporation Approved on FundSERV - CNW Group
SHARBOT LAKE, ON, Oct. 1 /CNW Telbec/ - Frontenac Mortgage Investment Corporation (FMIC) announces it is available for purchase through FundSERV Inc. Investment advisors and brokers can buy and sell FMIC shares on behalf of their clients using the ...

RBA set to cut rates - The Age
The Reserve Bank is tipped to cut its benchmark interest rate by 50 basis points to 6.5% within the next hour, although any relief for mortgage holders may be limited as banks struggle with soaring funding costs amid a global credit squeeze. Interest ...

Reserve opts for big cut - Brisbane Times
Australia's official lending rate has been cut for a second consecutive month but mortgage-holders may not get the full relief as banks struggle to raise funds in overseas money markets. The Reserve Bank cut its key cash rate by a full percentage ...

Deed transfers from Oct. 6-Nov. 2 edition - Star-Banner
John Sanders to Jlotto Land Group LLC. Marion County: $80,000. J.H. Lybass Jr. Family LLC to T. Paul Bulmahn. Marion County: $800,000. Lifepointe Village Summerfield LLC to Lifepointe Village, Village View LLC. Marion County: $968,000. Ferguson ...

Govt must do more for struggling homeowners: ACTU - Australian Broadcasting Corp.
The ACTU says the Government should be doing more to help struggling homeowners as part of its response to the recent financial uncertainty. Treasurer Wayne Swan last week announced a $4 billion investment in residential mortgage-backed securities to ...

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Today's Mortgage Terms starting with T

  • Term: The period of time in which a loan must be paid off.
  • Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
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