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Utility Rate Increase Is Only a Matter of Time - Rio Grande SunThe city of Española has a laundry list of water needs, millions of dollars in unspent tax funds in the bank, and no clear plan for how to move forward. And yet city officials seem certain of one thing — utility customers are going to have to pony ...
2009 Recovery For Stock Market Could Prove Arduous - Hartford CourantNEW YORK — - After a year of devastating losses, the stock market has the makings of a recovery in 2009: nearly $9 trillion in cash on the sidelines, waiting to be invested. But before investors can feel comfortable diving back in, they'll need to ...
Widespread fears could slow stock market's recovery - Miami HeraldNEW YORK -- After a year of devastating losses, the stock market has the makings of a recovery this year: nearly $9 trillion in cash on the sidelines, waiting to be invested. But before investors can feel comfortable diving back in, they'll need to ...
Uneasy folks wait to invest - Myrtle Beach OnlineNEW YORK -- After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines, waiting to be invested. But before investors can feel comfortable diving back in, they'll need to ...
There's hope for the stock market, after plenty of work - Seattle Post IntelligencerNEW YORK -- After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines, waiting to be invested. But before investors can feel comfortable diving back in, they'll need to ...
Stock market could face hard climb back up - Fort Worth Star-TelegramNEW YORK — After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash is on the sidelines, waiting to be invested. But before investors can feel comfortable diving back in, they’ll need ...
Banks 'committed to doing what they can,' Flaherty told at 'productive ... - News1130.comTORONTO - Canada's banks say they are lending to creditworthy borrowers, amid perceptions that they are butting heads with Finance Minister Jim Flaherty over the availability of loans to businesses and individuals. The federal minister and senior ...
Mob museum is Exhibit A for GOP leader - Las Vegas SunWashington — Las Vegas’ proposed mob museum is a subject ripe for ridicule, and the Republicans here have held it up as just that. Now that work is under way on the economic recovery package of tax breaks and public works projects being developed ...
Letters to the Editor - Jan. 2 - Daily CameraWhat’s Missing from Obama’s Plan? While I’m very excited about President-elect Obama’s proposed public works projects I wonder: where are the women? “Infrastructure” means building roads, bridges and schools, which will employ men in the ...
Political Punch - ABC News BlogsJake Tapper is ABC News' Senior White House Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. In his radio address today, President-elect Obama uses some new ...
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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