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EXECUTIVE ITEMS - Charleston Post & CourierNeil Ferguson and Phil Dumouchel have joined SunTrust Bank 's Charleston mortgage division. Ferguson is sales manager for the coastal Charleston unit. Previously, he was with Bank of America for 19 years. Dumouchel is sales manager for the North ...
Habitat finds home of its own - Charleston Post & CourierThe ReStore, which has been open in Jedburg since July 15, is a 23,000 square foot store that helps bring in funds for Dorchester Habitat for Humanity, which helps needy families earn homes. The new store is nearly triple the size of the facility ...
REAL ESTATE NEWS - Charleston Post & CourierEpcon Communities broke dirt on the construction of a new courtyard-style neighborhood, Marrington Villas at Cobblestone, on St. James Avenue east of Summerville. Beazer hosts workshops Beazer Homes is hosting a series of homebuyer seminars at its ...
Erie County Real Estate Transactions - Buffalo News• 175 Collins Lane, Natale Building Corp. to Bettie J. Urban; Anthony J. Urban, $309,900. • 15 Collins Court, Natale Building Corp. to Joan E. Mathews, $295,000. • 26 East Pinelake Drive, Ronald B. Louchren; Sharon E. Caher to Karen M. Poland ...
KapStone Paper & Packaging Corp. Q3 2008 Earnings Call Transcript - Seekingalpha.comWelcome to the third quarter 2008 KapStone Paper and Packaging Corporation earnings conference call. My name is Fantine and I will be your coordinator for today. At this time, all participants are in listen-only mode. We will be facilitating a ...
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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