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Some residents live in fear of foreclosure - Register Citizen
Elizabeth Jamieson is a self-employed foreclosure inspector. Usually, an inspector visits 100 homes or so per month. Last month, Jamieson inspected 200 houses. “I am the first person who finds a vacant property. It’s an eerie sight,” she said ...

Displaying items 1-12 of 5072 - Fort Lauderdale Sun-Sentinel
The shaky economy and plunging stock market are leading many Americans to cut back on their spending. If you're retired, you might also be inclined to pull less money out of your retirement account. But efforts to preserve as much of your depleted ...

Shaping up at fitness camp - AZCentral.com
PLAINVILLE, Conn. -- The first morning the alarm clock went off at 4:15 a.m, I admit I was enthused -- the kind of excitement you feel when you have to get up early to catch a plane to go on vacation. It was my first day of Fitness Boot Camp, a six ...

Sweat Shop: Shaping up at fitness camp - Journal Times
PLAINVILLE, Conn. — The first morning the alarm clock went off at 4:15 a.m, I admit I was enthused — the kind of excitement you feel when you have to get up early to catch a plane to go on vacation. It was my first day of Fitness Boot Camp, a six ...

Colapietro wins eighth term - Register Citizen
No comments posted. State Sen. Thomas A. Colapietro was re-elected to the Connecticut State Senate in 2006 for his eighth term. He continues to serve as the Deputy Senate Majority Leader, as well as Chair of the General Law Committee. He is also a ...

A transcript follows. - Washington Post
Read today's column . About Pearlstein: Steven Pearlstein writes about business and the economy for The Washington Post. His journalism career includes editing roles at The Post and Inc. magazine. He was founding publisher and editor of The Boston ...

Getting into fighting shape - Hampton Roads Daily Press
T he first morning the alarm clock went off at 4:15 a.m, I admit I was enthused — the kind of excitement you feel when you have to get up early to catch a plane to go on vacation. It was my first day of Fitness Boot Camp, a six week, five-day-a ...

Economy woes take mental toll - Sun Chronicle
The D-word is edging into national dialogue. Are we in another Great Depression? Economists say no. But small "d" depression is hitting home. "I'm more busy because people are struggling," said James D. Deleppo, a Foxboro psychologist. "More are ...

INDUSTRY NEWS & PEOPLE January 2008 - Business Travel Executive
The Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...

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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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