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Broadcom and Microsemi Execs Fingered by Fraud Hunter - Seekingalpha.comAccording to new background checks conducted by Barry Minkow, co-founder of the Fraud Discovery Institute , two more executives misrepresented their educational credentials in regulatory filings: Broadcom Corp. (NASDAQ: BRCM ) Senior Vice President ...
Miami man arrested in death of Hollywood gas station clerk - Fort Lauderdale Sun-SentinelPolice arrested a Miami man this morning in connection with last week's murder of a gas station clerk. A second named suspect remains at-large, and police are trying to identify a third. Shawn Michael Joseph, 23, is being held without bond in the ...
Sydney rental squeeze continues - News.com.auRENTAL accommodation across Sydney remains limited, with inner city suburbs experiencing the biggest drop in properties available for lease. Real Estate Institute of NSW (REINSW) data shows available rental accommodation across Sydney fell to 1.1 per ...
Good buys in home loans - Baltimore SunHome loan borrowers with good credit could be in for some of the best mortgage rates in months, analysts said yesterday, a day after the Federal Reserve announced intervention designed to make financing less costly and more readily available. But it ...
A Win for Civility - Wall Street JournalDemocrats will fall short of a 60-seat Senate supermajority in the 111th Congress. Unofficial results , with 97% of precincts reporting, show Sen. Saxby Chambliss with a wide lead over challenger Jim Martin, 57.4% to 42.6%, in Georgia's runoff ...
Teresa Hunter: Throwing the odd lifeline won't turn turbulent tide - Scotland on Sunday OnlineIT WAS impossible to feel anything other than gloomy after Chancellor Alistair Darling delivered his pre-Budget report, in which he outlined the parlous state of our finances. Never even in war time has Britain borrowed so much to bail out so many ...
Great Wolf talking with lenders about mortgage extension - Milwaukee Journal SentinelDec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...
Oil ends week on a flat note as OPEC gathers - Edmonton SunHOUSTON - Oil prices ended flat Friday with OPEC officials sending mixed messages about a production cut before a regularly scheduled meeting in December. Meanwhile, gasoline prices continued their free fall and are now at levels not seen since Jan ...
CORRECTING and REPLACING EA Announces Next Lineup of Mobile Games to ... - MSN MoneyCentralEA Mobile™, a division of Electronic Arts Inc. ERTS , today announced the availability of five new games for mobile phones. EA Mobile games will keep its customers entertained while waiting in lines at the mall or while traveling to see the family ...
Dear season means many things to many people - Pottstown MercuryPennsylvania sportsmen — and sportswomen — will miss birthdays, anniversaries, doctor’s appointments and mortgage payments, but they won’t miss the start of deer season. For many of us, this is our church on Sundays. It’s when we enter the ...
Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
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