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Local foreclosure SOS being heard - Newsday
After she was laid off two years ago, Rosemarie Cino tried talking to her mortgage lender when she fell $8,000 behind on her mortgage despite her jobs walking dogs, cleaning swimming pools and driving for Federal Express. "They didn't even want to ...

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 ...

Housing and Urban Planning - Newsday
A collection of news and information related to Housing and Urban Planning published by Tribune Company sources. OYSTER BAY Unless specified, meetings are at town hall east, 54 Audrey Ave. LANDMARKS PRESERVATION COMMISSION 7 p.m. Dec. 17 PLANNING ...

A collection of news and information related to Interior Policy ... - Fort Lauderdale Sun-Sentinel
Food stamp distributions are at an all-time high. Medicaid costs are on the rise. The jobless are lining up for unemployment checks. While much of the gloom-and-doom budget talk in Tallahassee has focused on the state's dwindling revenues, there's ...

Mixed numbers herald hope for housing market - Long Island Business News
A jump in sales and a dip in inventory are providing a ray of hope for a depressed housing market. The bad news is that home prices are still dropping and many buyers remain on the sidelines. There were 1,740 homes under contract for sale in Nassau ...

Public Notices - Amityville Record
NOTICE OF SALE SUPREME COURT - COUNTY OF SUFFOLK LASALLE BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE STRUCTURED ASSET INVESTMENT LOAN TRUST 2005-2 c/o America's Servicing Company Plaintiff, AGAINST ANDREW HAGANS, et al. Defendant(s) Pursuant to a ...

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Today's Mortgage Terms starting with B

  • Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
  • Bearer: The legal owner of a property.
  • Bill of Sale: A document that details the transfer of property.
  • Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
  • Blanket Mortgage: A mortgage that includes more than one piece of real estate
  • Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
  • Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
  • Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
  • Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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