Great Falls Mortgage Rates and Information Online from competing Lenders

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GM, Chrysler scale back glitz at LA auto show - Guardian Unlimited
AP Auto Writer= LOS ANGELES (AP) - Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that ...

Wall Street falls modestly after reports on falling consumer prices ... - Orlando Sentinel
NEW YORK (AP) _ Wall Street edged lower Wednesday, as investors, already nervous about the fate of the nation's top automakers, scoured more discouraging economic data. Investors vacillated in early trading, trying to hold on to the gains achieved in ...

Limited Brands 3Q profit falls, but beats forecast - Buffalo News
Limited Brands Inc. said Wednesday its third-quarter profit dropped 66 percent as sales fell in the tough economy. But the results beat analyst expectations. During the three months ended Nov. 1, the operator of Victoria's Secret and Bath & Body ...

BNY Mellon Said to Plan 4% Job Cuts as Profit Hit (Update1) - Bloomberg
Nov. 20 (Bloomberg) -- Bank of New York Mellon Corp., the world’s largest custodian of financial assets, plans to cut about 4 percent of its workforce, or 1,800 people, as record declines in global securities markets hurt profits. Dismissals at the ...

Dow Falls Below 8,000, S&P At 5-Year Low - KNx 1070
NEW YORK (CBS) -- Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened investors. Stocks finished at their lows of ...

EDITOR'S PICK - Marketwatch
We'll be in Great Depression 2 by 2011 -- here are 30 reasons why Five potential surprises into year's end U.S. stocks retain steep losses after FOMC minutes Citi shares in record slump, credit-default swap spreads widen Demand for gold hits a record ...

Asian Stocks Decline as Japan Slides Into Recession; BHP Falls - Bloomberg
Nov. 17 (Bloomberg) -- Asian stocks fell after Japan slid into recession and crude oil prices fell for a second day, heightening concern a global economic decline is deepening. Mitsubishi Estate Co. , Japan's largest developer by market value, slid 5 ...

5K race raises $6,544 for paralyzed Greece man - Democrat and Chronicle
GREECE — Paralyzed from the chest down in a brutal attack near the State University of New York at Buffalo in March, Michael W. Bliss has since endured hundreds of hours of physical therapy and medical treatment trying to regain his mobility ...

TD Bank to report $350 million in fourth-quarter credit losses - Edmonton Sun
TORONTO - TD Bank (TSX: TD ) will book a $350-million loss on its wholesale banking operations in its fourth quarter, but will still have an overall profit thanks in large part to its successful retail banking operations. "We're clearly disappointed ...

From the Editor : - Cricket365.com
England's trip to India is off to a quite dismal start, but can they bounce back without Ryan Sidebottom in the ranks come Monday's match? Or will it be more of the same from Mahendra Dhoni and cronies, fresh from their thumping over Oz? The Windies ...

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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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