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News about Mortgages:
Mortgage rates drop to lowest level since January - Fort Worth Star-TelegramSaginaw woman gets 10 years for role in beating death Blockbuster will roll out 99-cent video rentals in January Food news and notes: Central Market Southlake adds cooking school; holiday events in Colleyville, North Richland Hills and Dallas Dallas ...
Public Notices - Columbia StarNOTICE OF APPLICATION Notice is hereby given that Shanon Davis dba Big Country's Bar-b-que & Convenience intends to apply to the South Carolina Department of Revenue for a license/permit that will allow the sale ON/OFF premises consumption of Beer ...
More lose homes, go bankrupt - The StateSouth Carolina is on track this year to record its largest number of bankruptcy filings since a 2005 change in federal law made it more difficult for people to file. And those who deal with bankruptcies say the rise is related to the increase in the ...
Get a grip on savings: 101 ways to boost penny-pinching ways - Tri-City HeraldFood is expensive, job security is getting iffy and winter's big heating bills are coming. Since loans are tough to get and our retirement funds are shrinking fast as the stock market crashes, we thought we'd share some old-fashioned penny-pinching ...
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 ...
Fred Russell case may spur tougher drunk-driving penalties - Spokane Spokesman-ReviewFred Russell may be sitting in a cell, but his name’s popping up frequently in Olympia, where state lawmakers are weighing changes to catch drunken drivers and toughening the sentences for those who kill. “We will tell people once and for all ...
Tri-City mortgage market grows with FHA-backed loans - Tri-City HeraldMike Martin recently refinanced out of an adjustable rate mortgage and into an Federal Housing Administration loan for his Richland home. Though the real estate market has slowed in the Tri-Cities, the number of FHA-backed loans has grown. Getting ...
Property seized in Richland County standoff is sold - La Crosse TribuneAn 18-acre parcel in rural Richland County that was the site of a standoff and shootout last spring between a recalcitrant property taxpayer and dozens of deputies and police has been sold by the county for back taxes and, possibly, to pay bills for ...
Kennewick renter charged with arson - Tri-City HeraldA Kennewick renter who withdrew his homeowner's insurance claim after learning investigators suspected him of setting a recent blaze was charged Wednesday with arson. Joseph G. Martin, 42, is scheduled to appear next Wednesday in Benton County ...
JUNE 2008 LAND TRANSFERS - Oskaloosa HeraldClifford and Kristine Swinscoe conveyed to Brian and Glenda Booy land in Oskaloosa for between $64,501 and $65,000, filed on June 2. Russell Aalsburg conveyed to Mark and Yvonne Mauer land in Eddyville for between $134,501 and $135,000, filed on June ...

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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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