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Hunt Gold Corporation -- Sale of Molybdenum Interests - MSN MoneyCentralHunt Gold Corporation (PINKSHEETS: HGLC) announces the sale of its "Molybdenum" interests held through its subsidiary company, American Molygold Corp. The sale amount is US$620 million to be settled in shares of Common Stock of a USA quoted Company ...
Up Next - CBS NewsTHE KILLINGS IN HADITHA - Staff Sgt. Frank Wuterich speaks publicly for the first time about the killing of 24 Iraqi civilians in Haditha, Iraq, resulting in murder charges against him and three other soldiers. Scott Pelley reports. Shawn Efran and ...
Making a Deal for an 'As Is' House - Wall Street JournalIn today's troubled housing market, many houses are being sold "as is" -- in their current condition with no promise of repairs -- by distressed homeowners and lenders. That means savvy buyers can pick up home bargains. But they need to be aware of ...
Beehive State drops from second to 16th for home-value growth - Salt Lake TribuneFor more than a year, Utah held the honor of having the highest home-price appreciation among all states, slipping only to No. 2 several months ago. But in the latest report by a federal agency that tracks home values, Utah has fallen to No. 16, with ...
The Thin Man - Weekly Standard"The transformation of Joe Biden is one of the best story lines at this convention. A week ago, people would sprint from the room when Joe entered for fear he would start a sentence that might not end until Halloween. Now, suddenly, he is a towering ...
NIU shooting victim from Cicero laid to rest - Chicago TribuneRSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page. A judge will review a satanic bible and an affidavit ...
INDUSTRY NEWS & PEOPLE January 2008 - Business Travel ExecutiveThe Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...
Behind Wall Street's subprime fear index - CNN MoneyAt a time when almost nothing about subprime securities seems certain, the ABX index is a key point of reference for investors navigating the world of risky mortgage debt. The ABX, launched in January 2007, serves as a benchmark of the market for ...
INDUSTRY NEWS & PEOPLE February 2008 - Business Travel ExecutiveNew York City BTA reports with deep sadness the passing of one of its members, Donna Muhlhausen, manager of travel services for Altria (Philip Morris). “Donna was a very active member of NYCBTA,” says the Association’s president, Greg Wilczek ...

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Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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