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Sir John Major is in danger of becoming a national treasure - Daily TelegraphListening to Sir John Major on the radio these days is like settling into a nice warm bath. With his polite but pointed criticisms of the Gulf war and his pronouncements on sport, the monarchy, and life in general, the man is in imminent danger of ...
Movers roundup: Limited Brands, Citi Trends - ForbesNEW YORK (AP) - Shares of Limited Brands Inc. rose on Thursday, after the operator of Victoria's Secret and Bath & Body Works reported second-quarter results ahead of expectations. NEW YORK (AP) - Shares of Citi Trends Inc. rose on Thursday, a day ...
David Prosser's Outlook: Gas storage: the energy policy we somehow ... - The IndependentWhat folly it must have seemed to us Britons back in the Eighties and Nineties when our continental friends were spending so much taxpayers' money building gas storage facilities. Basking in our own seemingly never-ending supplies of North Sea gas ...
Donald Trump to be Ed McMahon's Landlord - Gothamist.comYou've heard about Ed McMahon's home being foreclosed in Beverly Hills ? Well, now Donald Trump is swooping in to help out the former Tonight Show sidekick. Trump, who doesn't know McMahon--"I grew up watching him on TV"--told the LA Times it would ...
Doors open for home buyers - Modesto BeeThis three-bedroom, bank-owned home on Nadine Avenue in south Modesto, with a list price of $99,900, has had 40 offers to purchase. Police shoot, kill man who stomped baby to death Gang members apologize after stabbing wrong man in Modesto 4 women ...
Poinciana Home Sales Barely Increase - The LedgerPOINCIANA | Despite a slight increase in the sales of existing homes in this community of more than 70,000 residents, it's not enough to suggest that the real estate slump is coming to an end. In fact, according to Realtor Dahrlene Zeanwick, with ...
Foreclosures boost Bay Area home sales - Silicon ValleyBargain-hunting home buyers scooping up foreclosure properties deserve credit for some rare good news about the battered Bay Area housing market: Home sales in the region were better last month than they were a year ago, the first time that's ...
FHA helps new buyers - LeaderRUTHERFORD (Aug. 21, 2008) — News stories about a mortgage crisis and tightening credit shouldn’t keep homebuyers from looking into purchasing, say members of the real estate industry. They’re sponsoring a seminar next month to educate ...
SFGate: Daily Dish - San Francisco GatePop star Ricky Martin is the father of twin boys, born to a surrogate mother. Martin, 36, who is currently single, plans to take a long break from show business to raise the kids. In a statement, the "Livin' La Vida Loca" singer-turned-humanitarian's ...
US vs.THEM: Developers painted rosy pictures of Poconos - Pocono RecordPocono home builders and Realtors have aggressively courted buyers from metropolitan New York for years. The pitch for the Poconos includes utopian promises of a better life — inexpensive luxury homes, communing with nature, and an easy commute to ...

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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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