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First American CoreLogic Releases September 2008 LoanPerformance Home ... - MSN MoneyCentralSANTA ANA, Calif. , Dec. 1 /PRNewswire-FirstCall/ -- First American CoreLogic, a member of The First American Corporation FAF , America's largest provider of advance property and ownership information, analytics and services, today announced the ...
Court cases surge as Utahns cope with economic woes - Salt Lake TribuneA bad economy historically means more business for the courts. "If you go back over the last 15-20 years, whenever there's a downturn ... you generally see an increase in civil filings," said state Courts Administrator Daniel Becker. Sure enough ...
No. 12 Tennessee beats No. 21 Georgetown 90-78 - FOX NewsLAKE BUENA VISTA, Fla. — Tyler Smith scored 21 points Friday to lead No. 12 Tennessee to a 90-78 semifinal victory over No. 21 Georgetown in the semifinals of the Old Spice Classic. Tennessee (5-0), which beat Siena in the opening round, will play ...
A year later, more fall into the dream foreclosed - Arlington Heights Daily HeraldSend To: A new life did not come easy for the Fugates of Carol Stream, but it has come. A year ago, Melanie and Steven Fugate asked a DuPage County Circuit Court judge for more time so they could quickly sell their Carol Stream home before it reached ...
New Bud Light adds will pepper Thanksgiving broadcasts - Milwaukee Journal SentinelNov. 26, 2008 10:54 a.m. | A new round of television ads for Bud Light that continue to use the "drinkability" theme will debut on Thanksgiving, said Keith Levy, marketing vice president at Anheuser-Busch InBev, the global brewer created by the ...
Kiplinger names Clarksville as # 2 in the Nation for Housing ... - Leaf ChronicleWith foreclosures skyrocketing and home prices plummeting, real estate has had a tough year. But in certain pockets across the country the damage has been minimal -- if nonexistent. We found six cities with slow, steady growth, using data from Fiserv ...
$20.6 Million in Low Income Housing Tax Credits Will Create Jobs, Help ... - EarthtimesLANSING, Mich. , Nov. 25 /PRNewswire-USNewswire/ -- Governor Jennifer M. Granholm today announced that over 2,100 units of affordable rental housing will be built or renovated for low to moderate-income Michigan families, the elderly, people with ...
IS ANYONE ELSE SAD TO SEE WOOLIES GO? - Daily ExpressThe plight of Woolworths has called to mind an incident from my childhood that I would love to solve. The mystery arose as a result of the number of friends and work colleagues who related to me assorted memories of Woolies from their past. One ...
Shoppers rush to stores - St. Louis Post-DispatchShoppers flocked to area stores before dawn this morning, hoping to get a chance at bargains advertised for the first official Christmas shopping day this year. 9 a.m., Macy's, downtown St. Louis The Macy's store in downtown, known for its sparse ...
Governor looks at changes to gas tax - ksl.comare still a long ways out. Gov. Johnny Boy wants to exploit this now! And Utahns voted this schmuck in almost unanimously! It's mind boggling when you consider what a flaming liberal he is. I'm even a little bothered by KSL's dishonesty in this ...
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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