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Help for the homeless - Battle Creek EnquirerAs Michigan's unemployment rate nears record highs, officials also anticipate more people slipping into homelessness. "It's rough," said Scott Myers, 45, an unemployed resident of a Battle Creek homeless men's shelter, who said not even local fast ...
Car fire on 94 at 121st - Milwaukee Journal SentinelNov. 21, 2008 6:53 a.m. | A car fire is backing up the commute on westbound I-94 near 121st St. Here's the look from the DOT camera . The fire is causing major delays. The trip from downtown to Moorland Rd ., normally a ten minute drive, was taking ...
Living next-door to emptiness in the burbs - St. Petersburg TimesAngie Harris, 36, takes her children Tamiah, 4, left, and Allure, 2, on a recent outing through her Tanglewood Preserve neighborhood in Gibsonton. Harris has few neighbors. GIBSONTON — She knew it would be awhile before they had next-door neighbors ...
Buffett's Berkshire Boosts Stake in ConocoPhillips (Update3) - BloombergNov. 14 (Bloomberg) -- Warren Buffett 's Berkshire Hathaway Inc. became the largest shareholder in oil producer ConocoPhillips and took a stake in manufacturer Eaton Corp . in the third quarter as stock markets tumbled. Berkshire had more than 83 ...
State of the Phoenix Real Estate Market Address - Transworld NewsTo members of Congress, President Bush, President-Elect Obama, fellow Americans, and current and future residents of the Phoenix area, the state of the Phoenix real estate market is “weary but hopeful.” Numerous challenges including an onslaught ...
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 ...
November 2008 (25) - Sacramento BeeThe Sacramento-area housing market did it again. Thanks to continually falling prices and a large supply of bank repos, sales held strong in October. That makes it a seventh month in which sales in the region have been stronger than the same time ...
Church hierarchy stalled priest ousters, Weakland testifies - Milwaukee Journal SentinelNov. 20, 2008 2:34 p.m. | Now-retired Archbishop Rembert Weakland, in a videotaped deposition released today, said his attempts to oust sexually abusive priests from the priesthood was stalled by a protective church hierarchy despite his pleas for ...
Matter of Record, November 17 - Wichita Falls Times Record NewsJo Nash vs. Kelly Wilson, 2131 Ave. F, $200,000.00, V3305 P885. Gary Writtenhouse vs. Jeff Prine, 1511 Nunneley Pl., #5, $1,248.37, V3306 P576. Workman, Tammy Michele, Wichita County, Chapter 7, Date Filed Oct. 29, Case No. 08-70448. Frazier, Phillip ...
Real-Time News - Newark Star-Ledger• New York Jets vs. New England Patriots • New York Jets vs. New England Patriots • New York Jets vs. New England Patriots Gov. Jon Corzine today endorsed Hillary Clinton for secretary of state under President-elect Barack Obama and did nothing ...
Today's Mortgage Terms starting with F
Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.
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