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Wall Street cloud darkens Lehigh Valley - Allentown Morning CallCitigroup : 70,000. Wachovia : 10,000. Merrill Lynch: 5,100. Some of the biggest names in finance have been forced to shed thousands of jobs from their banking, mortgage and brokerage arms amid the economic calamity roiling the world's markets. Even ...
Homeowners say no help from lenders - Tribune-ChronicleDAWN AGUIAR sits outside her Fremont home Thursday. She says she tried to work on her mortgage problem, but the lender talked down to me like I was a deadbeat. ( AHBECK/STAFF) Nov 25: Refugee center shifts focus to foreclosure intervention Latest ...
Supplies of ice melting chemicals tight - Milwaukee Journal SentinelDec. 1, 2008 12:38 p.m. | Nationwide supplies of ice melting agents remain tight and supplies could get even tighter if snowstorms like the one that is just now finishing up in southeast Wisconsin continue, according to Dan Carmichael, a sales rep ...
Some pond uses unsuitable - Vacaville ReporterI enjoyed the letter describing potential "off season" uses for the newly constructed water retention basins off Pleasants Valley ("Don't let ponds just sit there," Nov. 22). In 1979, a developer was allowed to construct an entire neighborhood inside ...
Poverty in Napa and The Family Trust - Napa Valley RegisterLast night I attended a dinner for a local organization known as The Family Trust. The Family Trust is an informal group of local businessmen started up 17 years ago to help out families in need in Napa. It was organized by Tom Lowenstein, Gary ...
How to request your own Homeland Security file... - Spokane Spokesman-ReviewVia the First Amendment Project, here's an easy-to-use website that walks you through requesting a copy of whatever dossier the Department of Homeland Security might have compiled on you so far. From the website: The Department of Homeland Security ...
State Supremes: unsubstantiated allegations of teacher sexual ... - Spokane Spokesman-ReviewIn a case where the 11 petitioners are all known as John Doe, the state Supreme Court ruled 6-3 this morning that unsubstantiated allegations of teacher sexual misconduct can be withheld from public disclosure. School districts can investigate any ...
American States Water Company Q3 2008 Earnings Call Transcript - Seekingalpha.comWelcome to the American States Water Company conference call discussing third quarter 2008 results. If you have not received a copy of this morning's new release announcing earnings for the quarter, please call 909-394-3600, extension 710 and one ...
Cities submit plans to use $13 million fighting foreclosures - Victorville Daily PressLocal cities have finalized plans for how they’ll use a combined $13 million awarded by the federal government to stabilize neighborhoods and ease the foreclosure crisis. The funding will come from the Housing and Economic Recovery Act, which ...
Family seeks answers, aid months after flood - Beacon NewsPLANO -- So many people have told the Lewis family to just give up and start all over again. But to Brian and Angie Lewis and their seven children, starting over begins when they get their home back. Two months ago, the heavy rains that socked the ...
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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