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Police: Motive Unclear In Fatal Double Shooting - Channel 3000
MADISON, Wis. -- Madison investigators said they don't know why a Middleton father fatally shot his son Tuesday before taking his own life. Ryan Dutter, 36, died Wednesday afternoon at University of Wisconsin Hospital from a self-inflicted gunshot ...

Two more arrested in Stevens Point shooting - Milwaukee Journal Sentinel
Nov. 19, 2008 | Stevens Point - Three people are in custody for a shooting in Stevens Point that left a man wounded and the local high school locked down. Police Chief Jeff Morris says a man and woman have been arrested by detectives in addition to ...

Begich Widens Lead Over Stevens in Alaska Senate Race - New York Times Blogs
Update | 5:15 p.m. Mark Begich’s lead over Senator Stevens more than doubled on Tuesday, according to the latest tally of the vote in Alaska. Mr. Begich, the Democratic mayor of Anchorage, has pulled ahead of Mr. Stevens, the Republican incumbent ...

Stevens concedes in Senate race - Buffalo News
Alaska Sen. Ted Stevens has conceded defeat in his re-election bid against Democrat Mark Begich. The longest serving Republican in Senate history says in a statement that there are not enough ballots left to be counted for him to catch up and Begich ...

Stevens Point shooting was attempted murder-for-hire - Milwaukee Journal Sentinel
Authorities say a 23-year-old woman accused of shooting the 50-year-old man had been hired by the victim's wife to kill him, but he survived despite being wounded four times. Now the wife, the 23-year-old and a 25-year-old man are being held on $50 ...

Stevens falls further behind in Alaska Senate race - Buffalo News
Alaska Sen. Ted Stevens has fallen further behind Democrat Mark Begich in his re-election bid. The longest-serving Republican in the history of the Senate trails the Anchorage mayor by 2,374 votes during Tuesday count of 24,000 absentee and other ...

From the Editor : - Cricket365.com
Andrew Symonds is all set to make his return for Australia during the opening Test against New Zealand. Roy has admitted that alcohol played a major part in his fall from grace. Are you happy to see him back, and who do you think he should replace in ...

Reserve set to cut rates again - Age
Should economic conditions deteriorate further, and especially if the United States is declared in recession during the next fortnight, a bigger cut of a full percentage point is likely. A cut of one percentage point, if fully passed on, would reduce ...

Prepare for another big interest rate cut - Brisbane Times
THE Reserve Bank board will cut at least three-quarters of a percentage point from interest rates when it meets again on December 2, and may even cut by a full point. The minutes of the board's last meeting, on Melbourne Cup day, show it rejected a ...

It's Official: Democrats Have Won 58 Senate Seats - Nation
The senior Republican member of the US Senate, Alaska's Ted Stevens, conceded defeat Wednesday in his race for a new term. The announcement by Stevens confirmed that Democrats will have at least 58 seats in the new Senate. And with two contests yet ...

Today's Mortgage Terms starting with C

Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.

Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.

Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.

Collateral: Property pledged as security for a debt.

Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.

Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.

Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.

Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.

Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.

Credit Bureau: It is a clearinghouse for credit history information.

Credit Report: A report containing a detailed credit history of an individual.

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