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Citigroup Considering Options to Right Ship - Smart MoneyNEW YORK (Dow Jones) -- Executives at Citigroup Inc. (C), faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the ...
Hudson City Bancorp, Inc. Did Not Participate in Capital Purchase ... - EarthtimesAuthor : Hudson City Bancorp, Inc. PARAMUS, N.J. , Nov. 17 /PRNewswire-FirstCall/ -- Hudson City Bancorp, Inc. (Nasdaq: HCBK), announced today that it did not participate in the Capital Purchase Program (the "CPP") that was established as part of the ...
CUCKOO FOR CO-OPS - New York PostWhen Tom Mangne entered his co-op board interview, he thought he'd anticipated everything. He'd secured a mortgage for the $450,000 Hudson Heights apartment he wanted. He'd submitted his tax returns. He'd forked over his credit card statements. He'd ...
NOTICE OF FORECLOSURE SALE: Case No. 08-CV-515 - Hudson Star-ObserverDEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee, in trust for the registered holders of Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series ARSI 2006-M3, Plaintiff, vs. DENNIS L. GATZKE and JANE DOE, unknown spouse of ...
2 emerge as possible successors to Clinton - Buffalo NewsWASHINGTON — With Sen. Hillary Rodham Clinton’s ascension to secretary of state looking ever more likely, two Buffalo politicians — Rep. Brian Higgins and Mayor Byron W. Brown— have emerged as two of the three most frequently mentioned ...
TheStar.com | Business | Buyout kings bracing for the blame - Toronto StarAs recently as a year ago, when they were laying out billions of dollars to acquire some of the most familiar names in the corporate world, private equity shops were celebrated for their audacity as firms including Chrysler LLC, Hilton Hotels Corp ...
Dover Town Board trims budget to 2.8% - Daily Freeman & Sunday FreemanDespite making some cuts that board members deemed unsavory, members of the board said that they were very happy to be able to come up with a document that boasts one of the lowest tax increases in Dutchess County. After holding a public hearing on ...
Texas executes man who killed ex-girlfriend - Las Vegas SunTexas executed a killer Thursday who was on parole when authorities say he stabbed his ex-girlfriend in a jealous rage after beating down the door to her Dallas-area apartment nearly a decade ago. Before being put to death, Robert Jean Hudson ...
NOTICE OF SHERIFF’S SALE: Case Number: 08-CV-465 - Hudson Star-ObserverU.S. Bank, National Association, as assignee of Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Centennial Mortgage and Funding, Inc., a national banking association, Plaintiff vs. John S. Bonhus and Lisa A. Bonhus ...
News, sports, living, entertainment and political columns - Bridgeton News• New Jersey Devils vs. Washington Capitals • New Jersey Devils vs. Washington Capitals • New Jersey Devils vs. Washington Capitals In this video commentary, Assembly members Anthony Chiappone (D-Hudson), Pamela R. Lampitt (D-Camden), members ...
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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