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Bush facing flood of pardon requests - Seattle TimesHistorically stingy with granting pardons, President George W. Bush is facing a flood of requests for get-out-of-jail cards or wiping criminals' records clean on his way out of the White House. Junk-bond king Michael Milken, media mogul Conrad Black ...
PUBLIC TRANSPORT - Athens NewsSince the mid-1990s, there has been a noticeable improvement in Greece's public transportation systems, including the ferry networks serving the islands. Bus and trolley routes are now served by new fleets, while a new mass transit system in Athens ...
Nick Robinson's Newslog - bbcThe Tory leadership did not attend last night's dinner to celebrate the 20th anniversary of the Bruges speech . They were not there to pay homage to Margaret Thatcher or to join in the chants of "10 more years". They did not hear Norman Tebbit's call ...
Who will the European leaders be dealing with when they travel to ... - bbcOf course, George W will be the man across the table, but they will want to know how much Team Obama is running the show behind the scenes. It may be pretty important for how their ideas go down. There's going to be some trading places this end too ...
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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