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Find out if your rental home is in foreclosure - MSNBCRenting a home in our valley is not what it used to be. Last month we showed you the man investigators say took advantage of people about to lose their homes. He also took advantage of renters. The Secretary of State's Office says Matt Marlon ...
REAL ESTATE - News-Democrat• 357 Breckenridge Drive; from Timothy R. Downing; to Ana-Maria Reyes; $132,000. • 22 Birdie Drive; from Mark E. Sauerwein and Linda K. Sauerwein; to Steven T. Lang and Michelle L. Lang; $225,500. • 400 S. 16th St.; from Clay Weygandts and Lang ...
Just in case you missed it... - Insurancetimes.co.uk31 December Former Biba chairman and CII president Simon Bolam is awarded an MBE in the New Year honours list. Bolam said that he was “very surprised ...it is not often that the insurance industry gets recognised at any level, especially in the ...
UPDATE 1-Reinsurance rates up on hurricanes, credit crisis - ReutersLONDON, Jan 5 (Reuters) - Hefty insurance claims from 2008 disasters such as hurricanes Ike and Gustav and crimped market capacity as a result of financial markets' losses have raised reinsurance prices, a leading brokerage said on Monday. Guy ...
Pending Home Resales Fell 4% in November, More Than Forecast - BloombergBy Bob Willis Jan. 6 (Bloomberg) -- Fewer Americans signed contracts to buy previously owned homes in November as credit markets seized up and a deteriorating labor market signaled the housing slump will extend into a fourth year. The index of ...
Court news - Hendricks County FlyerNathan Adam Daniel, Danville and Kisha Rachelle Zigler, Brownsburg. Anthony J. Dick, Plainfield and Kimberly A. Ehmen, Indianapolis. Travis Lee Fields, Carbon and Lindsey Sue Buck, Brownsburg. Nathan Andrew Finlay, Danville and Sarah Elizabeth Baker ...
AFC has lion’s share of football’s best this season - Buffalo NewsThe AFC is the dominant conference in the NFL. That’s the conclusion to draw from the 2009 NFL All- Pro team, selected by this voter for both the Associated Press and Pro Football Weekly. The AFC has 15 of the 24 spots on the team, counting the ...
Year-end Facts - Safe HavenFor the holiday week, the S&P500 jumped 6.8% ('08 decline 38.5%) and the Dow gained 6.1% (down 33.8%). The broader market also rallied sharply into year-end. The small cap Russell 2000 jumped 6.1% (down 34.8%) and the S&P400 Mid-Caps rose 7.1% (down ...
A roll call of some who died in 2008 - Columbus TelegramFrom the summit of Everest, the top of the world, to the intricate workings of the human heart. From outer galaxies to the dungeons of Stalin’s gulag. Sir Edmund Hillary was the first man to stand atop the world’s highest mountain. Dr. Michael ...
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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