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November 2008 - Weekly Standard
The terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...

City guide: Places to stay - Guardian Unlimited
Remember that song, Living in a Box? Tonight I'm staying in one. Lux Pod measures only 97 square feet - which may or may not include the raised bed platform. Owner Judith Abraham is waiting outside the holiday apartment which she has somehow ...

Incumbent Chambliss goes on the road to rally supporters - Atlanta Journal Constitution
It’s a cold, wet day in the Republican heartland just south of Atlanta, and Republican incumbent U.S. Sen. Saxby Chambliss and his troops are trying to rally the faithful in the face of withering economic headwinds and new polls that show his race ...

AN ALL-OUT FIGHT: Republican incumbent: Chambliss goes on road to make ... - Atlanta Journal Constitution
It’s a cold, wet day in the Republican heartland just south of Atlanta, and Republican incumbent U.S. Sen. Saxby Chambliss and his troops are trying to rally the faithful in the face of withering economic headwinds and new polls that show his race ...

People On the Move - Atlanta Business Chronicle
• Randall-Paulson Architects named Shawn Sheehan project coordinator and Brian Petelle as designer. • Silverman CPM added Sandy Boyce as director of administration and finance. Marti Watts was named senior project manager. • HOK added Akiko ...

Election 2008 - Weekly Standard
Bill Sammon's sources tell him Steele may announce as soon as Thursday , and is courting the endorsement of Newt Gingrich, which if landed, would do much to scare off the incumbent and possible challengers: The source also contradicted a report in ...

Political Punch - ABC News Blogs
Jake Tapper is ABC News' Senior White House Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. Friday afternoon in Kettering, Ohio, Sen. Joe Biden, D-Del., took ...

November 2008 (146) - MSNBC Firstread
The Obama team has put out a statement condemning today's coordinated terror attacks in Mumbai, India. Here's the text: "President-Elect Obama strongly condemns today's terrorist attacks in Mumbai, and his thoughts and prayers are with the victims ...

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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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