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The Emperors New Clothes - Safe HavenWe are deferring our expanded analysis on the metals supply chain in favor of the effect of Sovereign Wealth Funds, a perspective of the housing market, and a look under the hood of the Fed Funds rate. We will also cover our regular review of ...
In tough economy, what goes first? Eating out or Pay TV? - Weblogs.baltimoresun.comThe other day, we were talking about Starbuck's abysmal earnings report and how it really might be true that consumers are taking seriously that advice about how cutting one cup of coffee from your daily expenses will help you save lots in the long ...
The Halloween economy: trick or treat! - Online JournalDespite the first treat of $125 billion handed to banksters, and seeing the Dow jump up in jubilation over 9,000 two days later, we saw it trick below the mark as the Fed handed out its lower discount rate from 1.5 percent to 1 percent, record lows ...
What Happens to the Stock Market if Obama Becomes the CEO of America? - Huffingtonpost.comIt's easy and counterproductive to politicize the stock market : Democrats would say it's plunging due to eight years of Republican leadership. Republicans would counter that the free-falling stock market is pricing in a Democrat in the White House ...
Business News - Nov. 16 - Hudson Hub-TimesRealtor Lena Samuelson of Royster Realty in Hudson was recently awarded the "President's Sales Club Award of Achievement" for her sales efforts between July 2007 and June 2008. Samuelson, a licensed real estate sales associate since 2005, was ...
Preparing the Cover Story for the Theft of the Election 10/27 - OpEdNews.comTwo weeks to go and the machine is starting to prepare the narrative for how it is possible that John McCain won the 2008 Presidential election. With every poll showing an Obama lead of anywhere from 10-14 points for the past few weeks, suddenly ...
Did Congress Tame the ‘Wild West’? - Inside Higher EdOpinions on the impact of New York Attorney General Andrew Cuomo’s investigation into the student loan industry (which reared its head again Tuesday — see related article ) vary widely. Supporters champion it as having shined a light on sleazy ...
Obama victory sparks cheers around the globe - Corpus Christi CallerPARIS — Barack Obama's election as America's first black president unleashed a renewed love for the United States after years of dwindling goodwill, and many said Wednesday that U.S. voters had blazed a trail that minorities elsewhere could follow ...
Breaking News: Pro-Clinton push poll erupts in California - Los Angeles Times BlogsEd Coghlan was just starting to prepare his dinner in the northern San Fernando Valley the other night when the phone rang. The caller was very friendly. He identified himself as a pollster who wanted to ask registered independents like Coghlan a few ...
Nov 02 - Nov 08 (326) - Andrewsullivan.theatlantic.comLike a Centre Pompidou of cinema, Watkins is forever laying bare the artifice. Fiction and nonfiction merge: non-actors improvise roles in fictional accounts of factual events (the effect is very reality-TV); and the contrivance inherent in any ...
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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