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News from Friday, November 21 - Santa Rosa Press DemocratGauchos nearly flawless in playoff opener 4 hrs ago Casa Grande's mean green machine rolls over Concord 4 hrs ago Cal runs circles around No. 2 Rutgers 4 hrs ago Mortgage rates drop for 3rd week 4 hrs ago Rookie Rose takes over vs. Warriors 4 hrs ago ...
$60 million sliced from state budget - Concord MonitorLawmakers chopped almost $60 million from the state's budget yesterday, with wide-ranging cuts hitting school building aid, environmental programs and hospital reimbursements. The cuts stripped back many of the new programs lawmakers cited as ...
Winthrop Realty Trust Q3 2008 Earnings Call Transcript - Seekingalpha.comGreetings and welcome to the Winthrop Realty Trust third quarter earnings release conference call. At this time, all participants are in a listen-only-mode. A brief question-and-answer session will follow the formal presentation. (Operator ...
Green Capital Hill and Green Capitol Hill Domains Set for Auction - EarthtimesCONCORD, Calif. , Nov. 18 /PRNewswire/ -- Due to economic downturns and company burnouts, there may be a new surge of companies in multiple fields, mainly: financial, mortgage, real estate, and investment institutions that need to revamp themselves ...
Bailout, please - Concord MonitorCould somebody please tell me where I can sign up for one of the government bailouts? I'm having quite a bit of financial difficulty right now, but just like all the others it really isn't my fault, so I want to jump on the bandwagon before the line ...
Low-speed chase leads to felony DWI charge - Buffalo NewsAn East Concord man facing felony driving while intoxicated charges triggered a low-speed chase to his home Thursday evening, state police said. Joseph C. Albrecht, 39, was driving on Route 240 in Concord and nearly collided with a state police ...
East Bay loses 3,000 jobs on October - Contra Costa TimesEast Bay employers have jettisoned nearly 22,000 jobs during 2008, leaving the region mired in its worst job market since the 9/11 terrorist attacks seven years ago, according to an ominous new report released on Friday. Adjusted for seasonal changes ...
Erie County Real Estate Transactions - Buffalo News• 31 Lanoche Court, Michael A. Young; Karen A. Young to Yijun Cheng; Li Li, $525,000. • 1 Cloister Court, Mary Michael Egan; Edmund A. Egan to Michael P. McGorry; Pamela M. McGorry, $466,000. • 73 Hampton Hill Drive, Nicholas D. Mecca; Efterpe ...
TRUMBULL COUNTY - VindicatorScott D. Dustman, 40, of 3962 Anderson Road, Leavittsburg, and Tammy L. Knepper, 36, of same. John R. Santiago, 40, of 7164 state Route 46, Cortland, and Pauline E. May, 51, of same. Brandon C. Salen, 27, of 1767 State Road, Warren, and Nina M ...
UC Raises, Loses Fortune - East Bay ExpressCal officials have been feverishly begging rich alumni for money in the last few months, launching a massive new fundraising campaign. And if the initial numbers are any indication, it seems to have worked. In the last few months, fundraisers have ...
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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