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FEMA to unveil new flood-plain maps of Kalamazoo County - Kalamazoo GazetteKALAMAZOO TOWNSHIP -- Representatives from the Federal Emergency Management Agency and the Michigan Department of Environmental Quality will host an open house Monday to present preliminary flood-plain maps of Kalamazoo County and provide current ...
Budget cuts, surge in foreclosures create squeeze at South Florida ... - Fort Lauderdale Sun-SentinelChilly weather may start driving more people to South Florida shelters this week, but the struggling housing market and decaying economy guarantee they'll have more trouble finding a place to sleep. Shelters in Broward and Palm Beach counties are at ...
Layoffs and Downsizing - Chicago TribuneBenco Manufacturing is laying off 34 workers at its plant in Belle Plaine, citing the troubled auto industry. The company, which makes a variety of parts for auto makers, announced the layoff on Monday. It blames a decline in demand for the job cuts ...
Matter of Records November 24 - Wichita Falls Times Record NewsTarget Nat’l Bank vs. Barbra Delany, 5105 Rock Point, $3,073.72, V3307 P44. Midland Funding vs. Tori Richerson, 4408 McCrory, $2,085.75, V3307 P46. Target Nat’l Bank vs. Becky K. Goolsby, 1610 Fillmore, $5,106.50, V3307 P54. Union Square FCU to ...
The Doiley Lady 72-year-old crochets her way into your heart - News-DemocratBELLEVILLE -- Real men may not eat quiche, but many cannot resist buying Pat Barhorst's hand-crocheted doilies. Stop your snickering. It's true. And, who can blame them? Once they lay eyes on the Belleville woman's dainty furniture decorations made ...
IN BRIEF: News around Downriver - News-HeraldThe Detroit Zoo will be open from 10 a.m. to 4 p.m. daily through March 31, though it’ll be closed on Christmas and New Year’s Day. Winter visitors often find that when the temperature drops, many of the animals become more active outdoors. There ...
US, Euro stocks soar on Citigroup rescue - ninemsnWall Street and European stock markets soared on Monday as investors cheered a massive bailout for US banking giant Citigroup and the prospect of more government money to ease the pain of recession. Citigroup shares, which slumped last week to ...
The Mitchell Report: What Have We Learned in the Past Year? - Bleacherreport.comIn what seems to have been a blur, the Mitchell Report was released almost a year ago. A year ago, baseball had come seemingly face to face with its dark, twisted, and contorted past that saw salaries grow the size of Barry Bond's head and witnessed ...
Open Thread - News BustersFor general discussion and debate. Possible talking point: Thanksgiving Eve. With the economy and stocks in the dumps, and socialism on the march, what are you thankful for, and what are you thinking on the Eve of the holiday season kicking off? Are ...
ALL STORIES FROM November 2008 - Staten Island AdvanceThe lowest cash gas price on Staten Island this morning is the Sunoco station at Armstrong Avenue and Arthur Kill Road in Great Kills. The station has a listed price of $2.21 per gallon of unleaded regular, according to NewYorkGasPrices.com . Fire ...
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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