Houston Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Chesapeake CEO gets $75 million bonus - Longview News-JournalChesapeake Energy Corp. agreed to a five-year contract with Chief Executive Officer Aubrey McClendon that includes a one-time $75 million “incentive award,” the company disclosed Wednesday in a federal filing as reported by the Associated Press ...
Fitch Rates CenterPoint Houston Electric's $500MM 7% Mortgage Bonds ... - EarthtimesNEW YORK - (Business Wire) Fitch has rated CenterPoint Houston Electric Company, LLC's (CEHE) $500 million 7% general mortgage bonds 'BBB+'. The bonds are secured under CEHE's general mortgage indenture and rank junior to CEHE's first mortgage bond ...
IMS Marks 2008 With Company Growth, Industry Awards and Recognition - EarthtimesHOUSTON - (Business Wire) Integrated Mortgage Solutions (IMS), a collateral protection resource for the mortgage servicing industry, reported a three-fold increase in revenue in 2008 as well as product expansions and several industry awards. In 2008 ...
Economy and Ike were painful 1-2 punch - Houston ChronicleIt seemed a little too good to be true. When the subprime mortgage industry blew up and red-hot housing markets around the country went into a tailspin, Houston’s real estate market was weathering the storm. Home sales began to slow here in 2007 ...
Orlando Commercial Real Estate - View Orlando Commercial Real Estate ... - Orlando Business Journalbizspace.com Albany Albuquerque Atlanta Austin Baltimore Birmingham Boston Buffalo Charlotte Cincinnati Columbus Dallas Dayton Denver Houston Jacksonville Kansas City Los Angeles Louisville Memphis Milwaukee Nashville Orlando Honolulu Philadelphia ...
CORRECTED - New Issue-CenterPoint Energy sells $500 mln debt - Reuters(Corrects amount to $500 million from $300 million in first paragraph and table.) Jan 6 (Reuters) - CenterPoint Energy Houston Electric LLC, a unit of CenterPoint Energy Inc ( CNP.N ), on Tuesday sold $500 million in five-year general mortgage bonds ...
Bond Market Gets Energized - CFO.comA number of energy companies this week tapped the slowly thawing fixed-income market. In an encouraging turn, not all of them are rated A or better. In fact, one of the companies, Nabors Industries Ltd., saw its credit rating cut as a result of its ...
Business Minute: Dow 9,000...IndyMac deal...Grim auto sales.... - Idaho8.comNEW YORK (AP) - Stocks staged a solid advance to begin the new year. The Dow soared 258 points to 9,034, the first close above 9,000 in about two months. WASHINGTON (AP) - Federal regulators say a seven-member group of investors has agreed to buy ...
Quail Valley developer James MacNaughton fondly remembered - Fort Bend StarThe man who built Missouri City, James H. MacNaughton, has passed on at the age of 86. He will forever be remembered for having developed the first master-planned community, Quail Valley, in Missouri City and Fort Bend County. Missouri City Mayor ...
Vacancies in office buildings rise faster - Seattle TimesVacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders. With job cuts rampant and ...
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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