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A second look at Saturday's college football games - Palm Beach PostLooks like South Florida truly is trying to be just like Florida ... when it comes to ducking state rivals. Bulls coach Jim Leavitt has a short memory, forgetting those days when the Bulls were looking to play anybody who could get them some ...
Barnes & Noble exec aids Katrina victims - New Orleans Times-PicayuneJENNIFER ZDON/THE TIMES-PICAYUNE Gentilly resident David Briant, left, talks with Oji Alexander, assistant project manager for Project Home Again, outside Briant's Katrina-damaged home Aug. 28. Briant's family is one of 20 chosen by Project Home ...
Panthers stun Chargers 26-24 as time expires - Blueridgenow.comSAN DIEGO (AP) — Jake Delhomme came back with a jolt that the San Diego Chargers won't soon forget. AP Photo/Chris Park Dante Rosario leaps to catch a 14-yard pass from quarterback Jake Delhomme while San Diego's Eric Weddle defends. Delhomme threw ...
Bank costs may rise as rules in Europe tighten - Turkish Daily NewsBanks in Britain, Spain and Ireland that have relied on the European Central Bank for low-cost funding will have to pay more as it tightens lending rules. ECB President Jean-Claude Trichet, concerned that some banks were abusing its willingness to ...
Southern women (and men) know Palin - Atlanta Journal ConstitutionSouthern women — and the men who love them — will identify instantly with Alaska Gov. Sarah Palin. Her speech last night was brutally effective. Democrats do not know how to react today. They’re stumbling all over the place trying to construct ...
Election 2008 - Weekly StandardBob Shrum, the Democratic campaign strategist, is known for two things mainly--his long losing streak in presidential races, including such highlights as McGovern '72, Kennedy '80, and Kerry '04--and the trademark themes of almost every one of these ...
McCain's vice presidential candidate vows to upend Washington - Knoxville News SentinelFormer Arkansas Gov. Mike Huckabee speaks during the Republican National Convention in St. Paul, Minn. ST. PAUL, Minn. - Claiming her historic place on the Republican ticket, vice presidential candidate Sarah Palin mocked Barack Obama's experience ...
U.K., Irish Banks' Costs to Rise as ECB Rules Tighten (Update1) - BloombergSept. 5 (Bloomberg) -- Banks in the U.K., Spain and Ireland that have relied on the European Central Bank for low-cost funding will have to pay more as it tightens lending rules. ECB President Jean-Claude Trichet , concerned that some banks were ...
Lehman weighs real estate spinoff: report - ReutersNEW YORK (Reuters) - Lehman Brothers Holdings Inc (LEH.N: Quote , Profile , Research , Stock Buzz ) is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, Bloomberg reported ...
What the Peace Movement Has Wrought and Opportunities for the Future - Common DreamsMillions of peace activists throughout the United States and the world were unable to prevent the Iraq War from starting and likewise, have been unsuccessful in stopping it. Some might say that the peace movement has been a failure. However ...

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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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