Bloomsburg Mortgage Rates and Information Online from competing Lenders

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Brasch Words - American Reporter
BLOOMSBURG, Pa. -- President George W. Bush gazed into the cameras on a Tuesday morning in July and tried to assuage the fears of about 300 million Americans who believed they were in the middle of a recession. "The economy is growing," said the ...

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SELINSGROVE — Now in its 55th year in business, Selinsgrove Ford has plenty of activity to report from the past year. KULPMONT — Archie’s Shoe Store still measures and fits all its customers, along with finding the proper shoe to fit the ...

A Turkey By Any Other Name--Is Still the Governor of Alaska - OpEdNews.com
President Bush, as has every president since his father began the practice in 1989, annually pardons a Thanksgiving turkey. Amid hundreds of spectators, most of them members of the media, the president makes a few cute comments, issues a pardon for ...

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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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