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Va. bank takes hit in mortgage crisis - Inrich.com
Central Virginia Bankshares Inc., the parent company of Central Virginia Bank, invested $17.9 million in Fannie Mae and Freddie Mac stock. The securities are worth about $1.3 million, the Powhatan County-based bank said yesterday in a statement ...

Community Bankers Trust Corporation Reports No Exposure to Government ... - Forbes
Community Bankers Trust Corporation (the "Company" or "CBTC")(AMEX:BTC) today announced that it has no exposure to Fannie Mae or Freddie Mac common or preferred stock and that it holds no common or preferred stock of either in its investment ...

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Macon Powhatan

Today's Mortgage Terms starting with T

  • Term: The period of time in which a loan must be paid off.
  • Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
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