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Citigroup Considering Options to Right Ship - Smart MoneyNEW YORK (Dow Jones) -- Executives at Citigroup Inc. (C), faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the ...
Hudson City Bancorp, Inc. Did Not Participate in Capital Purchase ... - EarthtimesAuthor : Hudson City Bancorp, Inc. PARAMUS, N.J. , Nov. 17 /PRNewswire-FirstCall/ -- Hudson City Bancorp, Inc. (Nasdaq: HCBK), announced today that it did not participate in the Capital Purchase Program (the "CPP") that was established as part of the ...
CUCKOO FOR CO-OPS - New York PostWhen Tom Mangne entered his co-op board interview, he thought he'd anticipated everything. He'd secured a mortgage for the $450,000 Hudson Heights apartment he wanted. He'd submitted his tax returns. He'd forked over his credit card statements. He'd ...
NOTICE OF FORECLOSURE SALE: Case No. 08-CV-515 - Hudson Star-ObserverDEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee, in trust for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series ARSI 2006-M3, Plaintiff, vs. DENNIS L. GATZKE and JANE DOE, unknown spouse of ...
Condo buyers should prepare for 'phantom' rent - Globe and MailWhen is a mortgage payment not a mortgage payment? Move into a newly completed condominium and you are likely to find out. Reader Dennis Melnbardis raised the question in a recent e-mail. He ran into this vexing situation head on. "[It] was a great ...
Gardener of the Week - Baltimore SunJoe Bragg's Bel Air backyard garden is so Margaritaville, it'll have you searching for the lost shaker of salt. "They call me 'Coconut Joe,'" said the mortgage loan officer, whose lush, tropical-themed backyard is a tribute to Jimmy Buffett's popular ...
Dover Town Board trims budget to 2.8% - Daily Freeman & Sunday FreemanDespite making some cuts that board members deemed unsavory, members of the board said that they were very happy to be able to come up with a document that boasts one of the lowest tax increases in Dutchess County. After holding a public hearing on ...
Texas executes man who killed ex-girlfriend - Las Vegas SunTexas executed a killer Thursday who was on parole when authorities say he stabbed his ex-girlfriend in a jealous rage after beating down the door to her Dallas-area apartment nearly a decade ago. Before being put to death, Robert Jean Hudson ...
NOTICE OF SHERIFF’S SALE: Case Number: 08-CV-465 - Hudson Star-ObserverU.S. Bank, National Association, as assignee of Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Centennial Mortgage and Funding, Inc., a national banking association, Plaintiff vs. John S. Bonhus and Lisa A. Bonhus ...
New York Deer Hunter Kills Toddler With Stray Bullet - FOX NewsSWAN LAKE, N.Y. — An upstate toddler was killed by a stray bullet when a New York City deer hunter fired his rifle too close to her grandparents' Hudson Valley home. Edward Taibi, 45, of Queens was being held without bail Monday after arraignment ...
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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