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One rule for Lloyds, one for everyone else, signals Darling - Scotsman.com
ALISTAIR Darling yesterday effectively slammed the door on a rival bid to keep HBOS an independent bank, when he set tough conditions on any alternative rescue deal. The Chancellor made it clear that the Treasury would not match its offer to buy ...

Barre Mayor Lauzon says insurance 'crisis' threatens city - Times-Argus
BARRE – Mayor Thomas Lauzon says "all bets are off" and "everything's on the table" as city officials scramble to avert a hyper-local health insurance crisis. Faced with a staggering 34 percent increase in health care premiums recently quoted by ...

2008 (2665) - Dakota Voice
► January 16 - January 23 (1) Navy torpedo boat PT 109 was rammed AUGUST 2, 1943, by a Japanese destroyer and sunk. The commander sustained permanent back injuries yet helped survivors swim miles to shore, which unfortunately was behind enemy lines ...

November 2008 - Posts - MSNBC Firstread
For the Thanksgiving holiday, we are suspending our morning note (including First Thoughts) for next week. Don't fret too much, though. We will still be doing updates as usual throughout the day on Monday, Tuesday and Wednesday. Patrick Gaspard will ...

Nick Robinson's Newslog - bbc
With one bound they were free. The Tories are no longer committed to matching Labour's spending plans. In a speech this morning David Cameron says that his party will take another look at what government should be spending in what is likely to be ...

Bank of Granite reports improved results - Greensboro Business Journal
Bank of Granite Corp. reports a loss of $271,000 for the third quarter, improving on the $22 million loss it posted a year earlier and the $3.4 million loss it had in this year’s second quarter. The bank said the down market for financial stocks ...

Safe as houses? - Globe and Mail
Chip Oatley from Assiniboia, Canada writes: The recession will not affect the whole country uniformly, just as the housing bubble burst will not affect everybody the same way. Yes, Vancouver will be hit hardest. But even there, Langley, Surrey ...

Big drop in N.H. home prices - Fosters Daily Democrat
Mike Ross/Chief photographer This 21⁄2 story colonial in Rochester is on the market while home sales in the state fell by 10 percent in the third quarter compared to a year ago, according to the New Hampshire Association of Realtors. DOVER — New ...

When will Americans say, 'Enough is enough?' - Portsmouth Herald
I'm scared. I work my full-time job, write this column and business stories, do handy-man yard work, teach adult education and still it is not enough. My wife works half-time so we can keep one parent home with our 3½-year-old daughter and 10-month ...

Exeter/Hampton area community calendar - Portsmouth Herald
Loading... n "UNDERSTANDING THE REVERSE MORTGAGE," a free educational seminar, with Heather L. Johnson of Your Home For Life, will be held at 10 a.m. Tuesday, Oct. 21 at Exeter Public Library, lower level meeting room, 1 Founders Park. Refreshments ...

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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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