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Henry Paulson Video Gallery - CNBC
CNBC's Hampton Pearson has the latest on Paulson's new plan for the economy and Obama's economic team. Feedback on the Treasury Secretary's statement on the rescue plan update, with CNBC's Dennis Kneale and Michelle Caruso-... Paulson Q&A, Pt. 1 ...

Records: Sunday, Nov. 23 - Chippewa Herald
Powerball – Saturday: 17, 19, 26, 32, 45. PB: 14. PP: 4. Next drawing: Wednesday, $15 million. Megabucks – Saturday: 8, 29, 34, 38, 39, 46. Supercash – Saturday: 4, 6, 12, 20, 31, 35; Friday: 6, 7, 26, 28, 29, 38. Badger 5 – Saturday: 3, 9 ...

Illinois' bad joke - Chicago Tribune
If Illinois were a country, it would be Iceland. That's the country whose high-flying economy collapsed recently, the first to fail in the global economic slump. Crowds, angry at the government's failure to prevent the crisis, have taken to the ...

Foreclosure Response - WZZM 13
GRAND RAPIDS (WZZM) - Foreclosure rates continue to rise in West Michigan. The Community Research Institute at Grand Valley State University reports foreclosures in Kent County went up 28% in the first half of this year. CRI released a similar report ...

Pirates Lose to Monarchs, 3-1 - OurSports Central
Buy sports tickets at CTC! Find cheap MLB baseball tickets , NFL football tickets , NBA basketball tickets , PGA golf tickets , NASCAR Race tickets , college sports tickets , concert tickets and theater tickets . Buy NFL Tickets , MLB Tickets , NBA ...

Developer says Grace Fellowship owes rent, operating expenses - Nashua Telegraph
NASHUA – A developer has sued a downtown church, alleging breach of contract for failing to live up to the terms of a lease. At issue: three parcels near the Nashua River that have long been eyed for redevelopment. The developer, 34 Franklin St ...

Mortgage rates fall after government's pledge - WLS
A dramatic drop in interest rates is good news for home buyers. Credit appears to be flowing following the government's pledge on Tuesday to give $800 billion to new loan programs. Interest on a 30-year fixed rate mortgage dropped more than a half a ...

Deeds Sept 11th thru 20th 2008 - Cecil Whig
George and Althea Williamson to Lisa L. Mauriello, 244 Nesbitt Road, Colora, $0, September 11. George and Althea Williamson to Lisa L. Mauriello, parcel 721, Nesbitt Road, Colora, $0, September 11. Barry M. Tigue to Diane M. Evangelista-Tigue, 1790 ...

Mortgage officer guilty of fraud - Columbus Dispatch
A loan officer was convicted yesterday for his role in a scheme that defrauded more than 200 people and 20 banks, but an appraiser who worked with him was acquitted of all charges in the case. After about eight hours of deliberations, a federal jury ...

LETTER: Reassured by Barrows' position on gift card proposal - Norton Mirror
I want to thank Rep. Jay Barrows for having the guts to say no to a constituent who contacts him to propose a bad idea. Dennis Naughton writes (letters, Norton Mirror, Nov. 21) of an e-mail he sent to Rep. Barrows proposing legislation that would ...

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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