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UPDATE 1-MOVES-Citigroup, PGGM, ACE, Virgin Money - ForbesDec 4 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. Ace Ltd said it appointed Jim Duncan as Property & Casualty (P&C) country ...
Foreclosure: Nevadans hit hard in national crisis - Reno GazetteShelly Griese hates to move. But in the last four months, the 47-year-old Reno resident found herself doing exactly that. Twice. Packing boxes on a clear November afternoon, a tired and dejected Griese expressed disbelief on how quickly her life has ...
Sponsored by: - Reno GazetteAs of Nov. 4, bank-owned properties and short sales comprised 45 percent of the Reno-Sparks market, said CalNeva Realty owner Mitch Argon, who regularly publishes a report on local foreclosure inventory on his Web site FreeNevadaMove.com. Bank-owned ...
People draw unemployment benefits at 26-year high - Boston GlobeWASHINGTON— More evidence of consumers' weary state and the nation's deteriorating job market came Thursday with reports that people continuing to draw unemployment benefits climbed to a 26-year high, while retail sales and orders to U.S. factories ...
Homebuilding expected to pick up - Killeen Daily HeraldKilleen area homebuilders, reassured recently that troop levels at Fort Hood will stay constant and eventually increase, are still biding their time on new construction to get some surplus inventory sold before they start aggressive building again ...
Obama Transition Releases Private Donor List - Wall Street JournalT.W. Farnam reports on politics. President-elect Barack Obama ’s transition office has released a list of private donors who have contributed $1.2 million to supplement public funding for the office. The list, which covers through Nov. 15 and will ...
Premier League Weekend Winners And Losers - Football365.comHaving claimed - with good reason - not to have seen whether Arsenal's equaliser was offside, the Arsenal manager will no doubt be derided by the tedious band of email writers who still find amusement in his selective myopia. Perhaps they ought to ...
Edward Lawrence, Reporter - Lasvegas NowNevada voters will play a big role in deciding the presidential election. To minimize any problems, the state set up command centers and a task force to handle potential issues. A family spokesman says the Nevada campaign director for Barack Obama's ...
Southern Premiere - PopsugarThe US Is Officially in a Recession — Are You Surprised? Ask Savvy: Should I Split the Mortgage With My Boyfriend Who Earns More? Will Cyber Monday Make Up For Black Friday? Six Steps For Balancing Work and Cyber Monday Sales I'm Asking: What Black ...
Leave a Comment - PopsugarAsk Savvy: Should I Split the Mortgage With My Boyfriend Who Earns More? Will Cyber Monday Make Up For Black Friday? Six Steps For Balancing Work and Cyber Monday Sales I'm Asking: What Black Friday Deals Did You Score? Did You Spend More Than You ...
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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