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ABOUT THE SHOW - CNBCCNBC's Bill Griffeth and Sue Herera take you through the heart of the business day with intelligent and lively debate on the day’s biggest stories, whether they originate on Wall Street or in Washington. "Power Lunch" delves into the economy, the ...
EBS profits plunge by 37pc on bad loan losses - IndependentBUILDING society EBS has experienced a 37pc drop in its profits in the first half as its losses on bad loans doubled and interest income fell, figures seen by the Irish Independent indicate. The figures are contained in an interim report sent out to ...
POWER LUNCH EUROPE VIDEO CLIPS - CNBCThe European Central Bank left interest rates unchanged Thursday, as widely expected. Prof. Volker Wieland from Goethe University Frankfurt considers the outlook for the European economy. UK Housing Market Under Pressure 13 hrs ago This week ...
Should Ron Paul be allowed at Sunday's debate? - Los Angeles Times BlogsThere seems to be a debate going on between Fox News and New Hampshire Republicans over precisely who will participate in this weekend's presidential debate. Rumor has it that online fundraising sensation and Texas congressman Ron Paul and San Diego ...
Salmond snared in donor row - Sunday HeraldALEX SALMOND was last night fending off political attacks over his personal intervention to help a party donor win planning approval for an £80 million development in Aviemore. The first minister called his most senior planning official last month ...

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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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