Creighton Mortgage Rates and Information Online from competing Lenders

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Your Monday Morning News Update with Paul Adler - KYTV
WASHINGTON (AP) - An Associated Press review of regulatory documents finds that the Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed. The review shows the government ...

REAL ESTATE - News-Democrat
• 2000 S. 11th St.; from Beverly Elge, trustee; to Gregory Harris; $30,000. • 318 W. Cleveland Ave.; from Christy L. Hancock and Roger L. Hancock; to Paul Steigerwald; $75,000. • 6 Pageant Court; from Mary J. Daugherty; to John Brown and Kylee ...

Banks Aim To Help Struggling Homeowners - CBS News
(CBS/AP) JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure. JPMorgan's expanded program aims to help avoid ...

Meltdown 101: Bankruptcy won't help borrowers much - San Diego Union-Tribune
For most people, trying to negotiate changes in their loan with help from a housing counselor or lawyer is a far better option. While bankruptcy judges can reduce or eliminate certain kinds of debt, they aren't allowed to alter the total amount owed ...

Wells Fargo Repeats as Manufactured Housing Community Lender of the ... - PR Newswire
SAN FRANCISCO, April 24 /PRNewswire-FirstCall/ -- For the second consecutive year, the Manufactured Housing Institute has named Wells Fargo & Company NYSE: WFC as the Manufactured Housing Community Lender of the Year for 2008. This National Industry ...

Midwest States Cut Spending in a Hurry as Region's Economy ... - Wall Street Journal
State and local governments across the Midwest are cutting back on sheriffs' costs, programs for the poor and even a popular blues festival, as the region's once-thriving economy hits the skids. In the past few days alone, Chicago's city council ...

Financial crisis heralds era of "new seriousness" - Boston Globe
LONDON (Reuters) - Power tools roar as an army of workmen rushes to ensure Europe's largest city-center shopping mall opens on time, but marketing executives say the crisis in global financial markets has accelerated a trend among consumers to reject ...

Companies forecast growth; uncover new avenues for business amid ... - Albany Business Journal
“A lot of our customers are using us an alternative source to their own labor,” says Mark Miller, president of Americlean. The tough economy is creating opportunities for companies in some industries, giving them impetus to spend more next year ...

Bankers survey: Half against buying unsecured debt - Arlington Heights Daily Herald
OMAHA, Neb. _ A survey of bank CEOs in 10 Midwestern and Plains states shows almost half strongly oppose the Federal Reserve's plan to buy unsecured commercial paper to alleviate the U.S. credit crisis. About 36 percent of bankers strongly supported ...

Economic slowdown hits Iowa, data show - Des Moines Register
A recession that economists say has taken hold of the nation is now gripping Iowa. A new report designed to signal changes in Iowa's economy shows growing weakness in employment, with increasing softness in manufacturing. Iowa has lost 2,400 factory ...

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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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