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A bear of a year - Dallas Voice
Furry and fine studs team up for the Dallas Eagle Bear-of-the-Month calendar to raise money for AIDS Services of Dallas Vincent Duncan: Dallas Eagle Bear of 2008 Hails from: Northwest Arkansas. Arrived in Dallas: In 2001. I was always visiting a ...

A Closer Look at Barack Obama's Cabinet - Jossip.com
With Barack Obama bringing an unprecedented level of color to the Oval Office – that is, any at all – many people were hoping his cabinet appointments would reflect the president-elect's diverse background. Those people are going to be ...

Lots of new faces on list of area's top 10 lenders - Sacramento Bee
Over the past two years, Wells Fargo Bank and Bank of America have remained the top two mortgage lenders in the Sacramento region but much of the rest of the market has been upended, according to La Jolla-based research firm MDA DataQuick. Of the ...

Cambridge family homeless after fire - Star Courier
Mid-afternoon on New Year’s Eve, Tim and Dianna McKune were at Wal-Mart in Kewanee, shopping for their New Year’s Eve party, when 16-year-old T.J. called to say the house was on fire. “I said, ‘Don’t call me; call 911!’” said Mr. McKune ...

Realtors in Tiers report hopeful signs - Star-Gazette
Despite a decrease in the number of homes sold statewide and in the Southern Tier during November, the median sales prices held firm and in some cases moved up -- more proof that the local real estate market is healthier than what is being reported ...

Robert Kelly: Good riddance, 2008 - Salem News
If so, go stand in the corner. These words are not meant for you. Enjoy your moment and leave the rest of us alone as we pout and watch the year 2008 recede in memory united by one sentiment: "Goodbye and get out!" The year past featured a seemingly ...

Vegas beer pong competition gets (almost) serious - WTOP Radio
LAS VEGAS (AP) - Don't let the smell of beer and the rock music fool you: Beer pong is a serious game. Some dare say a sport. Granted, they tend to be grinning and drinking when they say it. There was plenty of both going on this weekend at the World ...

Beer pong competition gets (almost) serious - Katu.com
LAS VEGAS (AP) — Don't let the smell of beer and the rock music fool you: Beer pong is a serious game. Some dare say a sport. Granted, they tend to be grinning and drinking when they say it. There was plenty of both going on this weekend at the ...

Beer Pong: From college campuses to 'world championship' - Star-Press
LAS VEGAS — Don’t let the smell of beer and the rock music fool you: Beer pong is a serious game. Some dare say a sport. Granted, they tend to be grinning and drinking when they say it. There was plenty of both going on this weekend at the World ...

LI men win World Series of Beer Pong - Newsday
LAS VEGAS - Don't let the smell of beer and the rock music fool you: Beer pong is a serious game. Some dare say a sport. Granted, they tend to be grinning and drinking when they say it. There was plenty of both going on this weekend at the World ...

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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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