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Mum in £190,000 loan fraud - Wigan TodayA mother convicted of a "cynical" mortgage fraud has narrowly avoided jail. Jennifer Tart supplied false information in order to land the £191,000 loan. The 34-year-old single mother, who has a degree in accounting, claimed she had relied on the ...
Central bank faulted for low pay, irrelevant studies - Globe and MailG Montcler from Canada writes: Thank heavens for the Central Banks of the US, UK and EU. Anyone following the sayings of the Bank of Canada is courting disaster. If this were the private sector, heads would roll but this is Ottawa on the Rideau so ...
In Memory of WECT General Manager Karl Davis - WECTClick here to read all the recent local news that matters most. On behalf of everyone at WECT, we'd like to thank you for your many expressions of sympathy. We'd like to share some of the kind words that have been expressed. If you would like to ...
Latest News - dBusinessNews.comIronScale Is the First Fully Automated Managed Server Hosting Solution SACRAMENTO - IronScale is the world's first fully automated managed ... Language Line Services Urges Country to Prepare for Census Prediction of Minorities Becoming the Majority ...
Military Active-Duty - OpEdNews.comSandy Shanks: Classic military blunders (3 comments) During the modern era there have been numerous military blunders made by commanders-in-chiefs. I have chosen three because each has turned the tide of civilization, two in a positive sense, one in ...
MARHedge San Francisco 2006 - MARStewart Massey is a member of The College of Wooster's Board of Trustees where, since 1992, he has been the Chair of the Investment Committee and a Member of the Executive Committee. Ohio-based Wooster College has been ranked as having the highest ...
Lodi's annual Home and Garden show returns bigger than ever - Lodi News-SentinelThe Lodi Home and Garden Show is making it's 11th appearance at the Lodi Grape Festival Grounds this weekend, and show coordinators promise it's going to be the biggest yet. More of this story... A Better Insulation Company A.C.T. Retractable Screens ...
Fire alarm: The cost - NewsdayBack in the 1930s when Coram was little more than a wide spot in a woodsy country road, its volunteer firefighters held Halloween dances and chicken barbecues to pay off the firehouse mortgage. Seventy years later, with about $5 million in annual tax ...
Bush Appointments - OpEdNews.comJohnPeebles: Before Plame there was Susan Lindauer (3 comments) Before Valerie Plame was outed, Susan Lindauer was forcibly subjected to psychiatric treatment and detention. Her crime: revealing the neocons' lies about Iraq. To avoid negative ...
Turning Stay-at-Home Skills Into Career-Track Assets - Wall Street Journal(See Corrections & Amplifications item below .) When Elizabeth Montanez decided to return to work after 12 years at home with her four children, she faced a problem: Her resume ended at 1994. Although the Fairfield, Conn., mother had been busy ...

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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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