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Royal Philips healthcare unit lays off in Andover - Boston GlobeRoyal Philips Electronics NV's healthcare unit, based in Andover, said it cut 5 percent of its workforce this week, or 1,600 jobs worldwide, including fewer than 100 in Andover. Spokesman Ian Race said the cuts were needed to streamline management ...
A whole lot of carping in the land of blue tarps - Seattle TimesNot in their backyard. The message is being delivered loud and clear by some folks in Snohomish County. They're all up in arms about the mere mention that Paine Field, sitting lonely and invitingly between Mukilteo and Everett, might be needed in the ...
Welcome mat out for zero-down VA loans - Everett HeraldQuestion: I am a veteran, 50 years old, and I wonder if I can still use my VA loan benefit. I have never used it before. W.S., Snohomish Answer: The loan program offered by Veterans Affairs is the only zero-down loan program left in today's mortgage ...
Personnel file - Lexington Herald-LeaderCentre College: Ali Hamilton and Dawn Brown-Piatt have been named admission counselors. Shanna Heath has been named welcome center coordinator. Finance Kentucky Bank: Coy Nunemaker has joined the bank's lending department as a mortgage originator. He ...
Can Uncle Sam Keep Paying the Piper? - Barron's OnlineWHAT ONCE WAS UNTHINKABLE has happened: massive bailouts by the Treasury and the Federal Reserve, and extension of billions of the taxpayers' and the central bank's credit to a queue of petitioners that grows by the day. But what happens if the ...
Today's headlines: Salem-based retirement company having problems - OregonianThis is the sort of story that, unfortunately, keeps happening. But somehow, it always shocks us when it does. On the front page of The Oregonian this morning, you'll find a story by reporter Jeff Manning about an investigation into the theft of ...
Property transactions - Duluth News Tribune2100 Water St., W105-A, Ashland Rentals LLC purchased from Beacon Point Condominiums LLC for $1,375,000, residential, 9/08. 2100 Water St., W304-A, Roger Reinardy purchased from Beacon Point Condominiums LLC for $777,500, residential, 7/08. 2100 ...
It's that time of year, and things have changed - Everett HeraldIt is that time of year. Holidays are peeking around the corner, but things have been changing. There is an almost invisible change and many people avoid looking at it, or ignore it if they do see it. That is, for many people this is also a time of ...
Government measures have failed to open credit taps - International Herald TribuneLONDON : Official interest rates and future rate expectations are tumbling around the world, dragging interbank lending rates lower, too. So far, however, that has failed to turn the trickle of credit into a more sustained flow. As central bankers in ...
In our view Nov. 22: Cheers & Jeers - ColumbianCheers: To Washington state government officials, who recently were ranked fourth in the nation for government integrity, openness and accountability. Considering the enormous budget challenge facing state government leaders, this Cheer might make ...
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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