Trent Mortgage Rates and Information Online from competing Lenders

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Mortgage debt forces thousands to sell up - Times Online
More than one in five homes on the market are there because their owners cannot afford the mortgage repayments, The Times has learnt. A survey of estate agents suggests that at least 5,000 properties a week are being put up for sale by “forced ...

The secret credit agency - Guardian Unlimited
It does not publicise its phone number or give an address beyond a PO box number belonging to a small office on a run-down street in Stoke-on-Trent. Its name is unknown to the public. Yet it carries out around 100,000 credit checks every day, probing ...

Excerpts from this week's Texas A&M live chat - Austin American-Statesman
Excerpts from this week's Texas A&M football live chat hosted by Statesman beat writer Randy Riggs on his 12th Word at A&M blog at statesman.com/12thword. Q: Randy, I was disgusted with the Baylor game on Saturday. Briles and Sherman are both first ...

TV highlights, Thursday 20th - Age
BEFORE he was a music quiz show host, Adam Hills travelled the world with his stand-up comedy shows, meeting interesting people and appearing on other countries' TV stations. For Spicks and Specks fans then, this lovingly filmed special - which ...

Browns get kick out of win in Buffalo - Buffalo News
Inches from infamy, the only thing that stopped the Cleveland Browns from making unwanted history was another miss off the foot of a Buffalo kicker. In jeopardy of becoming the first NFL team to blow leads of at least 13 points in three consecutive ...

Only drastic action now will save us, says Gordon Brown - Times Online
Britain would face an even more severe recession without the multi-billion-pound tax cut and spending package that will be unveiled on Monday, Gordon Brown said yesterday. In a dramatic attempt to raise the political stakes before the most important ...

Alan Pergament: 'Jaws' on target with analysis - Buffalo News
After Cleveland kicker Phil Dawson hit a 56-yard field goal to give Cleveland its 29-27 lead in the final two minutes of the “Monday Night Football” game with Buffalo, ESPN commentator Tony Kornheiser was commiserating with Bills’ fans. Noting ...

Concerned ... Rail boss Iain Coucher - The Sun
VODAFONE led FTSE-100 gainers as VERIZON WIRELESS, the US mobile operator in which it owns a 45 per cent stake, unveiled a £14.3billion takeover of rival ALLTEL. The deal, seen as sensible for Voda, makes Verizon Wireless America’s No1 mobile ...

London and South East to bear the brunt, losing one in 12 jobs - Times Online
Workers in London and the South East are likely to be worst hit by the recession, with one in 12 jobs being cut in the next 18 months, according to an analysis today. The warning by the Local Government Association (LGA) came as Britain’s biggest ...

Nourishment for the body and soul - Spokane Spokesman-Review
Volunteer Karla Childs, pushes through the crowd with dishes of food Nov. 14 at St. Paul's Methodist Church, the site of the Women and Children's Free Restaurant, which serves its clients restaurant-style three days a week. Approximately 150 people ...

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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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