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Obama warns against overconfidence - Yahoo News
NEW YORK (Reuters) – Democratic presidential nominee Barack Obama warned his supporters to guard against overconfidence on Thursday as he and underdog Republican rival John McCain opened a 19-day sprint to Election Day . The two candidates hit the ...

Obama: McCain means more attacks, more of Bush - Boston Globe
Democrat Barack Obama, at his first campaign rally after Wednesday night's debate, told New Hampshire voters this afternoon that the face-off showed Republican rival John McCain's true colors: more attacks and more of the same as President Bush. "Don ...

Ask the Expert - Union Leader
Dan Hebert, the state president of the NH affiliate for the Jump$tart Coalition for Personal Financial Literacy, is the November expert for the New Hampshire Union Leader and Amoskeag Business Incubator’s “Ask the Expert” series. Ask The Expert ...

Torn Up - Boston Globe
Money, he thought to himself, has moved into the third person. What he thought of as My Money wasn't really his money. Not anymore. It was Their Money, moving around as digits and pixels into the various markets and funds that he couldn't begin to ...

Create millions of jobs - Eastern Arizona Courier
The $700 billion bailout might free up credit markets, help banks with bad mortgages and provide relief to people who are in foreclosure, but it will not fix our economy. The United States is in a recession, and corporations are not borrowing funds ...

New England economists: It's not the big one - Union Leader
BOSTON – Economists from all over New England gathered at the semiannual meeting of the New England Economic Partnership yesterday to compare notes and to report on how their states are doing during the current economic downturn. Ross Gittell, the ...

Polls predict Obama will turn NH blue - Nashua Telegraph
That's what two independent polls concluded at the end of the week, with Saint Anselm College's Institute of Politics and Rasmussen surveys giving Sen. Barack Obama a commanding double-digit lead. St. A's has Obama beating Republican Sen. John McCain ...

N.H. independents may hold key to future - Vancouver Business Journal
KEENE, N.H. - Heather and Andy Collins, both independent voters, are a house divided -- torn between Sens. Barack Obama, the Illinois Democrat, and John McCain, the Arizona Republican. "Those are the two candidates we feel can work [with both parties ...

article tools - Nashua Telegraph
Sen. Hillary Rodham Clinton, D-N.Y., reacts with her husband, former President Bill Clinton and daughter, Chelsea, at a rally in Manchester after winning the New Hampshire Democratic presidential primary Tuesday. HOOKSETT – The Clinton comeback ...

Political Punch - ABC News Blogs
Jake 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. Friday afternoon in Kettering, Ohio, Sen. Joe Biden, D-Del., took ...

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Today's Mortgage Terms starting with F

  • Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
  • Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
  • Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
  • FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
  • First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
  • Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
  • Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.
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