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Doctors Say Fighting May Spread Cholera, Measles in Congo - FOX NewsNov. 26: Congolese people displaced by fighting carry bags of blankets distributed by aid workers at the stadium in the rebel held town of Rutshuru. GOMA, Congo — Thousands of people fleeing a new rebel offensive could spread cholera and measles ...
Let's do the time warp! - IndependentShare For most of us, the arrival of 29 February means one extra day at work, another day on the mortgage and 24 hours' delay in the arrival of the pay cheque. No wonder a leap year is universally regarded as unlucky. This is particularly the case ...
Jurors hear confession tape in Randolph murder trial - Newark Star-LedgerAfter police caught Jonathan Zarate and two teen-agers trying to dump a trunk containing a Randolph girl's beaten and dismembered body into the Passaic River in Rutherford, Zarate told an investigator he had found his next-door neighbor dead. "I ...
Families brace for holidays without a home - ReutersTHOUSAND OAKS, Calif (Reuters) - A memento with Depression-era humor helps Kristin Bertrand keep perspective as her family braces for a Christmas holiday without their home. The small ceramic dish she keeps from her grandfather reads: "Cheer up ...
RPT-FEATURE-U.S. families brace for holidays without a home - ReutersTHOUSAND OAKS, Calif, Oct 30 (Reuters) - A memento with Depression-era humor helps Kristin Bertrand keep perspective as her family braces for a Christmas holiday without their home. The small ceramic dish she keeps from her grandfather reads: "Cheer ...
The personal cost of a global meltdown - International Herald TribuneMore than a million homes have been lost to foreclosure in the last two years in the United States. And according to data from Mortgage Bankers Association, banks are now in the process of foreclosing on 1.5 million more. The impact of the mortgage ...
Log houses lagging: Some custom home businesses getting by while ... - MissoulianScott Camper peels logs at Rocky Mountain Log Homes south of Hamilton last week. The log home business has historically been good to many in the Bitterroot Valley's once thriving industry. Rocky Mountain Log Homes is holding its own in these tough ...
Names and notes in business - Grand Rapids PressDr. Julie Forstner was appointed to lead the Cancer Center at Metro Health Village by the University of Michigan Health System. She also will serve as assistant professor of radiation oncology. Wanda McCallum joined Owens-Ames-Kimball Co. as office ...
Ex-Haitian strongman sentenced in NYC fraud scheme - NewsdayNEW YORK - A former Haitian paramilitary leader who was convicted of helping create a mortgage fraud scheme that cheated lenders out of $1.7 million was sentenced Tuesday to more than a dozen years in prison. Emmanuel Constant was sentenced in state ...
Other news in brief: Blue Springs extension office is moving - Kansas City StarThe University of Missouri Extension office in Blue Springs is moving. The office, in the Paul J. Consiglio Education Center, will close Dec. 2 and reopen Dec. 3 at 1106 W. Main St. in Blue Springs. The new location offers more office space and a ...
Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
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