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Alabama's Riley Seeks New York's Paterson to Broker Debt Plan - BloombergOct. 7 (Bloomberg) -- Alabama Governor Bob Riley sought out New York Governor David Paterson to help broker a solution to a sewer debt crisis that has pushed the state's most populous county to the brink of bankruptcy. Riley, a Republican, called ...
Some jurors in OJ Simpson robbery trial disagreed with football star's ... - Minneapolis Star TribuneMortgage forgiven for woman, 90, who shot herself Scandal-plagued Jefferson heads to November runoff Onus on McCain to turn presidential race his way In the end, O.J. Simpson rolls snake eyes in Vegas The Nation's Weather LAS VEGAS - Jurors had been ...
Scandal-plagued Jefferson heads to November runoff - Town HallU.S. Rep. William Jefferson overcame the stigma of a federal bribery indictment in Louisiana's Democratic primary on Saturday, garnering enough votes in his New Orleans-based congressional district to secure a spot in a Nov. 4 runoff. Jefferson ...
Joe Biden: John McCain's latest mortgage plan bails out bad bankers ... - NewsdayST. JOSEPH, Mo. (AP) _ Democratic vice presidential candidate Joe Biden said Thursday that Republican John McCain keeps switching responses to the economic crisis and now advocates a plan for troubled mortgages that would "reward banks and lenders ...
Topics: Securities and Commodity Contracts Services - New York Daily NewsSlammed by the mortgage meltdown, financial companies have announced 103,000 layoffs this year. The job cuts run the gamut from big bucks traders to lower-paid assistants. Yet that doesn't mean the job market is at a standstill. Among the premarket ...
Biden: McCain mortgage plan rewards banks' greed - News-DemocratST. JOSEPH, Mo. -- Democratic vice presidential candidate Joe Biden on Thursday denounced Republican John McCain's mortgage bailout plan as a way "to reward banks and lenders for their greedy behavior." McCain has proposed to devote $300 billion ...
Biden says McCain's latest mortgage plan bails out bad bankers rather ... - Minneapolis Star TribuneBailout angst provides a push for Libertarian Barr Obama calls McCain mortgage plan ill-advised McCain and Obama's energy proposals Big Issue: Energy crisis hitting home Bush signs order to ease switch to next president ST. JOSEPH, Mo. - Democratic ...
Ala. gov asks legislators to help in county's debt - NBC 15BIRMINGHAM, Ala. (AP) - Gov. Bob Riley turned to legislators Tuesday for help in his attempt to find a settlement with Wall Street over Jefferson County's massive sewer debt. Riley met with Jefferson County legislators Tuesday to discuss the county's ...
McCain (1058) - MSNBC FirstreadEarlier today, Obama remarked on recent outbursts of "Traitor!" "Terrorist!" and "Kill him!" at McCain campaign events. "It's easy to rile up a crowd," Obama said. "Nothing's easier than riling up a crowd by stoking anger and division. But that's not ...
Riley asks for help on city's sewer debt - Montgomery AdvertiserBIRMINGHAM -- Gov. Bob Riley turned to legislators Tuesday for help in his attempt to find a settlement with Wall Street over Jefferson County's massive sewer debt. Riley met with Jefferson County legislators Tuesday to discuss the county's $3.2 ...

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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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