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Matter of Records, October 6 - Wichita Falls Times Record NewsCitiBank SD vs. Mary Ann Elkins, 2308 Antigua, $9,285.37, V3293 P887. Texoma Community CU vs. Justin Brucker, Rt. 1, Box 3, Devol, Okla., $8,908.59, V3293 P892. CitiBank SD vs. Kathy O. Rivers, 2920 Moffett, $2,973.39, V3294 P7. Morrison Supply Co ...
Real Estate notes - Marion Chronicle-TribuneThe following is a list of real estate transfers collected from the Grant County Courthouse. Purchase prices are not available in Indiana and, therefore, are not listed with the transaction. Sept. 22 through 29 Billie J. Freel and Nancy R. Freel to ...
Local mortgage pros believe Freddie-Fannie deal will help - Temple Daily TelegramThe recent federal government decision to take control of two crippled mortgage giants - Fannie Mae and Freddie Mac - might be good news for Central Texans looking to buy a house. Mortgage and financial professionals in Temple and Belton said on ...
Answers to financial questions - Miami HeraldIf you're confused about the recent barrage of financial news, you're in good company. From corporate boardrooms to leading business schools, nobody else seems to fully understand it either. Which is a big part of the problem: Markets hate ...
Your web week - Billings GazetteThe Big Horn Sheriff's Office has more jurisdictional coverage besides Fort Smith and Hardin, they are obligated to protect and serve all of Big Horn County. The City of Hardin says they get no law enforcement Fort Smith complains about the same ...
Closing on a house? Proceed with caution - Houston ChronicleSource: Mayflower Transit 2008 Customer Relocation Study of 75,828 interstate household moves from January through August 2008. Hurricane Ike just made closing on a house a lot more complicated for those with contracts pending. While many homes ...
Wells Fargo Offers Assistance for Hurricane Ike Victims - dBusinessNews.comSan Francisco - Donates $250,000 for Relief and Recovery Efforts San Francisco - Wells Fargo today said it is offering special assistance to qualified customers affected by Hurricane Ike for communities in 29 Texas counties, including Angelina ...
U.S. Could Emerge as Major Player in Suits Stemming From Financial ... - Law.comIn the wake of most economic crises, the silver lining for lawyers and law firms is a surge in litigation. The present mess on Wall Street will no doubt spill into the courtroom too, though the players may be somewhat different this time around. When ...
Southeast Texas borrowers could feel pinch of bailout fallout - Beaumont EnterpriseSoutheast Texas may not feel the devastating effects of the House's vote to turn down a federal rescue package like other parts of the country, local bankers say. But borrowers here will feel a pinch. "We're in serious financial trouble," said Kevin ...

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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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