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January 2009 - Posts - MSNBC FirstreadFollowing Illinois Gov. Rod Blagojevich and Lt. Gov. Pat Quinn , Secretary of State Jesse White took the microphone in Chicago and opened up with a joke. "Ladies and gentlemen," he said, "don't ask me to sign anything today, OK?" He continued, to ...
Economic downturn, budget woes top news in 2008 - Inquirer and MirrorThe year began quietly, as most of them do on the island, with applications for three new seasonal liquor stores in the downtown area: former Westmoor Club food and beverage director Amber Cantella’s wine shop at 1 North Beach St.; Slip 14 ...
Mayor Ray Nagin's sanitation chief orders halt to 'Disney-like ... - New Orleans Times-PicayuneMayor Ray Nagin's sanitation director has sent a letter to the owner of the company that collects trash and sweep streets in downtown neighborhoods telling the firm to stop providing "Disney-like" additions to its basic daily garbage collections on ...
Category: 100% Pure Cheese - PopwatchI'm not gonna lie to you: I stopped watching Dancing With the Star s somewhere around the start of season 4, mainly because the viewing experience started reminding me of those mornings where you're in the shower, and for the love of all that's holy ...
December 2008 - Weekly StandardIn some ways, the most important — or at least second most important — thing to happen in the Middle East this week is that Hezbollah leader Hassan Nasrallah went too far, calling for the overthrow of Egypt’s government. Egypt’s Foreign ...
PEBO: Stimulus Package Won't Be As Big As Some Economists Want Because ... - ABC News Blogs"Today the Congressional Budget Office announced that the deficit we are inheriting for this budget year will be $1.2 trillion," President-elect Obama said today, noting that the stimulus package "will necessarily add more." Even after our economy ...
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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