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UPDATES: Barack Obama Big News Page - Huffingtonpost.comLISTEN TO THE FULL OBAMA April 6. FUNDRAISER SPEECH HERE Some highlights - Obama responds to Krugman toward the end of the audio (46:20); Obama discloses his trip to Pakistan (40:17); Obama discusses fundraising successes (15 min); Obama discusses ...
Obama tells NY Times he'd do better without Fox News around - Los Angeles Times BlogsThe New York Times, of all places, has a long interview coming out Sunday with the freshman senator from Illinois, Barack Obama. In it, the Democratic presidential nominee, who's leading in most recent political polls, still bemoans the existence of ...
Political Punch - ABC News BlogsJake Tapper is ABC News' Senior White House Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. Via Politico we hear that at a recent conference, Mark Halperin ...
Housing market far from robust - Times-ArgusMILWAUKEE — Susan Kerwin's three-bedroom house in Jackson, Wis., has been in move-in condition since she put it up for sale in May. The trouble is finding someone who wants to move in — or even make an offer. She's heard lots of reasons why ...
Consumers sliding into bankruptcy more frequently - Times-ArgusThe economy's deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...
Albright endorses Clinton for Cabinet post - Citizen's VoiceWILKES-BARRE — Madeline Albright, the first woman to serve as U.S. secretary of state, said Tuesday Sen. Hillary Rodham Clinton “would be a terrific” choice to fill the position in President-elect Barack Obama’s cabinet. Albright, 71, made ...
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2008 (2688) - Dakota Voice► January 16 - January 23 (1) BALTIMORE - Police arrested a 7-year-old boy, handcuffed him and took his mug shot and fingerprints on a charge of riding a motorized dirt bike on a sidewalk. At the station, Gerard Mungo Jr. was handcuffed to a bench ...
Election 2008 - Weekly StandardBill Sammon's sources tell him Steele may announce as soon as Thursday , and is courting the endorsement of Newt Gingrich, which if landed, would do much to scare off the incumbent and possible challengers: The source also contradicted a report in ...
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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