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Selling Gaston County: What property sold and at what price - Gaston GazetteReal estate transactions represent transfer of real property recorded with the Gaston County Register of Deeds. The following information is provided: seller, buyer, location of property and estimated value. If you have any questions about this ...
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Thoughts on Sarah Palin - Meganmcardle.theatlantic.comThey're a little scattered, since I spent the speech lying in bed and wheezing. So, bullet points. This woman is an Obama-level political natural. She is a ferociously good speaker, and almost preternaturally composed. Sarah Palin is what the McCain ...
Strange News - WOI-TVDENVER (AP) - At least Democrats will be able leave Denver with sweet-smelling breath. A drugstore on the 16th Street Mall downtown is offering "Peppermints we can believe in," with a picture of Barack Obama. Democratic Convention delegates who like ...
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People on the Move - Charlotte Business JournalHometown: Columbia, S.C. Education: B.S. in integrated marketing communications, Winthrop University, 2001; enrolled in the weekend executive MBA program at UNC Chapel Hill’s Kenan-Flagler Business School What you like most about your new job ...
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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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