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News about Mortgages:
Property transfers - Herald-StandardProperty transfers listed in the Fayette County recorder of deeds office from Nov. 14 through Nov. 20 were as follows: Alex Merkosky and others to Terry L. Smitley and others, property in North Union Township for $2,000. Geremia Scotto-Diluzio to ...
So is it a flood plain or isn’t it? - Cumberland County SentinelCrystal Fleagle is confused. Does she live in a flood plain or doesn’t she? Is she required to have flood insurance or not? It appears even her mortgage company isn’t sure. Fleagle is not alone. Many of her neighbors in the Toland area of ...
An artful life leads back to Tomahawk - Lexington Herald-LeaderHome & Gardens #1, a large quilt by Lisa Williamson, hangs in her bedroom in Tomahawk. It was also her childhood bedroom. Her art has taken over the family home: Her sister's old ?bedroom is now a studio, and the dining room is where she frames her ...
Thornburg Mortgage, Inc. The Wall Street Analyst Call Transcript - Seekingalpha.comThornburg Mortgage, Inc. ( TMA ) The Wall Street Analyst Forum November 17, 2008 9:50 am ET Executives Clay Simmons - Chief Financial Officer Presentation Moderator Good morning, ladies and gentlemen. In our ongoing attempt to adhere to the published ...
Northland Community Calendar November 19-25 - Kansas City StarTHE TRUTH ABOUT REVERSE MORTGAGES: IS GETTING A REVERSE MORTGAGE RIGHT FOR YOU?: Information only seminar. 1:30 p.m. Nov. 20, KC Mortgage Planning, 12 Westwoods Drive, Liberty. Seating is limited. Please register. www.kcmortgageplanning.com (816-415 ...
'Extreme Makeover:' New home at a price - Topeka Capitol-Journal"The show advises each family to consult a financial planner to help them understand and budget for any expenses that they may occur as a result of their new home," Chris DiIorio, a publicist for Endemol USA, the company that produces "Extreme ...
Irkutsk Region - KommersantIrkutsk Region is located in the southern part of Eastern Siberia in the upper basins of the Lower (Nizhnyaya) Tunguska, Angara, and Lena rivers. Lake Baikal is located in the southeastern part of the region. Irkutsk Region has a total area of 775 ...
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 ...
Local job-loss rate continued rise last month - Florida Times-UnionJacksonville's unemployment rate rose in October, with just about every sector of the local economy recording job losses over the past year. The unemployment rate in the Jacksonville metropolitan area - consisting of Duval, Baker, Clay, Nassau and St ...
Weekend Update: Seeking permanence in foster care - Cumberland County SentinelThe goal is clear, and everyone involved agrees on it: Children in the foster care system should end up with a permanent, safe family. But when it comes to assessing how an agency performs in relation to that goal, things get murkier. Last week ...

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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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