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Divorced couples staying together because of poor economy - Pantagraph
Running into your ex is almost always awkward and stressful. David Snyder and Nancy Partridge deal with it nearly every day. The Denver couple divorced after six years of marriage but have been forced to live together for months because they can't ...

Couples staying together in bad economy - Herald-Dispatch
Running into your ex is almost always awkward and stressful. David Snyder and Nancy Partridge deal with it nearly every day. The Denver couple divorced after six years of marriage but have been forced to live together for months because they can’t ...

Sniper from first Gulf War needed help - Peninsula Daily News
PORT TOWNSEND -- Clay Neideigh is a quiet, gentle man who knows what it's like to live in harm's way. He also knows what it is like to scramble to provide a secure environment for his children. He was an Army sniper in the Middle East during the ...

Grey Bruce Poetry Project - Owen Sound Sun Times
Welcome to the Poetry Project - a place to share your poetry and to enjoy the many voices of our community. Take a look at our community forum for Grey/Bruce poets. Submit your poems. Add links to your favorite poetry sites. Load up audio or videos ...

American Home Mortgage - Newsday
American Home Mortgage Investment Corp., a real estate investment trust based in Melville, filed for bankruptcy in 2007, a victim of tightening credit markets and the decreasing value of its loan portfolio. American Home is the first major lender ...

American Home Mortgage Faces Margin Calls, Delays Dividends - CNBC
We asked Gary Vaynerchuk of Wine Library TV to tell us about his favorite brands of Bourbon, Irish Whiskey and Single Malt. If you are dumbfounded by the amount of money the federal government is pouring into the private sector to ease the nation's ...

A high-flying company loses - Newsday
The first public indication that Melville's high-flying American Home Mortgage Investment Corp. might be losing steam came in an April 6 news release headlined " American Home Mortgage Expects Reduced Earnings in the First Quarter and Full Year 2007 ...

Sherman Oaks - Chicago Tribune
Fonar Corp., the Melville-based maker of body-scanning equipment, struggling for years against a declining stock price, falling revenues and losses, said Monday its request to continue to be listed on the Nasdaq Capital Market has been granted. The ...

Lenders that Have Closed Shop, - Wall Street Journal
More than 80 mostly subprime mortgage lenders -- those that make home loans to the riskiest borrowers with questionable credit -- have closed shop since the end of last year as clients defaulted on payments and banks cut off the funding required to ...

American Home Mortgage Tumbles on Liquidity Issues - CNBC
We asked Gary Vaynerchuk of Wine Library TV to tell us about his favorite brands of Bourbon, Irish Whiskey and Single Malt. [ AHM   Loading...       ( )   ]   were down 39 percent, falling in pre-market trading to $6.39 from Friday's close of ...

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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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