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News about Mortgages:
Mercantile Bancorp Completes HNB Bank and Perry State Bank ... - MSN MoneyCentralMercantile Bancorp, Inc. (AMEX: MBR) announced today it has received regulatory approval to combine its two issouri-chartered banks, Perry State Bank, with HNB National Bank, a wholly owned subsidiary of HNB Financial Services, Inc., all entities ...
Coldwell Banker Howard Perry And Walston Adds New Agents To Amy ... - Carolina NewswireDURHAM, N.C. – Kevin Woody, broker-in-charge for the Coldwell Banker Howard Perry and Walston Southpoint office, has announced that Lili Early, Nogui Aramburo, Paul Hogle and Brian Wells have joined the Amy Pomerantz group at the Southpoint office ...
HMS Detroit gone for good - Windsor StarAMHERSTBURG -- The 25-year-old dream of a replica 19th century warship based in historic Amherstburg luring tourists, offering sunset cruises and sailing lessons to youngsters is finally dead. The replica hull of the HMS Detroit was towed Wednesday ...
Latest News - dBusinessNews.comSIA Group Named To Inc. 5,000 List RALEIGH, N.C. – Don Mills, president of SIA Group (www.siagroup.net), ... Neuse River Networks Announces Triangle Open Source Lab Meeting A Success RALEIGH, NC, September 5, 2008 – Neuse River Networks President ...
MAHONING COUNTY - VindicatorHumes A. Gregory Jr., 48, of 129 E. Lucius Ave., Youngstown, and Shannon M. Petrosky, 31, of same. Vincent A. Paolone, 41, of 5881 Cherrywood Drive, Boardman, and Silke Grothe, 42, of same. Brandon J. Farragher, 27, of 1348A Redhawk Tail Drive ...
ECB Clamps Down on Collateral Standards - Wall Street JournalAmid concern that banks have been using the European Central Bank as a storehouse to dump risky mortgage-backed-securities, the ECB Thursday announced the first major change in its operational framework since market turmoil began last summer. Trichet ...
Lincoln ranked No. 1 in insurance sales - Evening StarThe organization formerly known as the Life Insurance Management Research Association ranked Lincoln National Corp. at the top of the industry in life insurance sales for 2007. The Philadelphia-based insurance and financial-services company does ...
Still a smash - SLAM! SportsThe crunch of tons of metal and rubber colliding reverberates through wooden grandstands, acrid exhaust fumes mix with the sweet scent of cotton candy and small plumes of smoke, dust and flecks of engine oil paint the autumn air. Just as much as Aunt ...
Two women arrested in bank robbery - Ironton OnlineTwo women are behind bars, accused of stealing money from the bank they were supposed to clean. Tia Moore, 25, of 82 Private Drive 2780, Ironton, and Christina Emery, 27, of Ashland, Ky., were each charged with vandalism and theft and taken to the ...
September August July June May April March February January 2007 - Nypress.comComing off their best-ever season and being ranked in the preseason polls for the first time in their history, it wouldn’t have surprised anyone if the No. 12 Rutgers Scarlet Knights came out a little overconfident versus lowly University of ...

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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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