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Wachovia sale alters Charlotte business landscape - Boston GlobeCHARLOTTE, N.C.— It was only days ago that Wachovia Corp. appeared headed toward a deal with Morgan Stanley , a merger that would have moved a piece of staggering old Wall Street south and further established the Queen City as a new hub of the ...
Wachovia sale alters business landscape - Fayetteville ObserverCHARLOTTE — It was only days ago that Wachovia Corp. appeared headed toward a deal with Morgan Stanley, a merger that would have moved a piece of staggering old Wall Street south and further established the Queen City as a new hub of the American ...
Citigroup to buy Wachovia banking operations - Daily SouthernerIt was only days ago that Wachovia Corp. appeared headed toward a deal with Morgan Stanley, a merger that would have moved a piece of staggering old Wall Street south and further established the Queen City as a new hub of the American financial ...
National source of capital 'just evaporated,' local banker says - Tryon Daily BulletinWhen they were forming Mountain 1st Bank & Trust four years ago, Greg Gibson and the other founders had a clear time-line for their business plans. Gibson, Mountain 1st chief executive officer, says 2008 was the year to raise new capital. Just 12 ...
goodmortgage.com Creates the Ultimate Workplace Amidst Revitalization ... - dBusinessNews.comCHARLOTTE , N.C. , – goodmortgage.com is re-defining the “necessities” of the workplace in its newly-refurbished home at 3325 South Tryon Street . As it approaches the decade mark as an Internet-based lender, goodmortgage.com continues its ...
Extras help seal real estate deals - Raleigh News & ObserverMore Photos The longer Kim Tucker shopped for a home, the sweeter the offers got. Builders were willing to knock anywhere from $3,000 to $5,000 off asking prices. The owner of an existing home offered to toss in a big-screen TV. When the First ...
Letters to the Editor for Oct. 12 - Daily GazetteI’m writing in protest of the proposed Schenectady County tax hike. We finally got off the Top 10 list of highest taxes in the country, and I’d like to see our rank drop a whole lot farther. I’ve been a county resident for 21 years, since I ...
Triangle Realtors Enjoy “Extreme Realtors Rewards” - dBusinessNews.comRALEIGH - Atreus Homes & Communities, formerly HomeLife Communities, recently recognized and awarded Triangle-area Realtors with $20,000 in cash prizes for its third-quarter “Extreme Realtors Rewards Program” Realtor incentive program. The ...
Atreus Homes Rewards Triangle Realtors With $20,000 in Prize Money - Carolina NewswireRALEIGH, NC — Atreus Homes & Communities, formerly HomeLife Communities, recently recognized and awarded Triangle-area Realtors with $20,000 in cash prizes for its third-quarter “Extreme Realtors Rewards Program” Realtor incentive program. The ...
Standard Pacific Homes Earns Numerous Awards from Home Builders ... - Carolina NewswireRALEIGH, NC. — Standard Pacific Homes, one of the most highly respected builders of quality homes in the nation, was recently recognized by the Home Builders Association of Raleigh-Wake County as well as the Triangle Sales and Marketing Council for ...
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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