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Washington Father Uses Two Young Sons in Attempted Burglary - FOX News
Jesus Barragan of Sedro-Woolley has been charged in Skagit County Superior Court with second-degree burglary, first-degree theft and two counts of illegal possession of the drugs Clonazepam and Flexeril in the attempted burglary. Police say when they ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Beats us. Deal maker Hank Paulson has transformed the Treasury Department into a larger, more powerful form of Goldman Sachs, with extensive ...

November 2008 - Weblogs.baltimoresun.com
His Eminence James Francis Cardinal Stafford criticized President-elect Barack Obama as “aggressive, disruptive and apocalyptic,“ and said he campaigned on an “extremist anti-life platform,” Thursday night in Keane Auditorium during his ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Real-Time News - Newark Star-Ledger
• New York Jets vs. New England Patriots • New York Jets vs. New England Patriots • New York Jets vs. New England Patriots Gov. Jon Corzine today endorsed Hillary Clinton for secretary of state under President-elect Barack Obama and did nothing ...

Public Notices - Mount Vernon News
5349 Granville Rd. Mount Vernon, OH 43050 You are hereby notified that you have been named Defendants in an action now pending in the Court of Common Pleas of Knox County, Ohio styled as Sandra Mizer, Knox County Treasurer v. Terry Thompson, et al ...

Heavy Rain Causes Flooding, Evacuations in Western Washington - FOX News
Nov. 12: Jerry Plymire steps over sandbags after helping to prepare the apartment building that he owns for expected floodwaters. SEATTLE — A small dam failed and caused minor flooding in Cosmopolis as heavy rain resulted in flood warnings ...

Homelessness cause is complicated - Mount Vernon News
MOUNT VERNON — There is no single cause to blame for homelessness and, sometimes, the issue is complicated. “Oftentimes we find that if they are younger people,” said Joy Harris, executive director of Interchurch Social Services, “they have ...

Governor's race: final days - Seattle Times
Republican Dino Rossi greets supporters gathered in Everett on Saturday during a campaign tour. With their fierce rematch winding down, Gov. Christine Gregoire and challenger Dino Rossi are offering voters two very different lenses through which to ...

House and Home - Baltimore Sun
The Bonvegna family made a tradition of attending the Kennedy Krieger Institute's Festival of Trees almost since the event began in 1990. Now, led by Theresa Bonvegna, owner of an art school in downtown Bel Air, family members are festival exhibitors ...

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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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