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News about Mortgages:
GOP boss Sue Lowden begs for money, talks of no taxes and mentions ... - Las Vegas SunGood call John. Can't open it either. I think they may want to change their slogan though. The Dems may use a variation on it. With two Reids likely to run, the slogan will be "Reid in 2010." Maybe the GOP should be using the new slogan now ...
Blog: The Lost Boys - StuffBill Ralston is a long-time journalist and broadcaster. A former head of TVNZ's News & Current Affairs, he now hosts Radio Live's Drive Show and writes media and political commentary for several papers and magazines. To Matthew and Natalie Cutler ...
Today's Colonist - Victoria Times ColonistVANCOUVER - The University of B.C.'s new vice-president of finance could have a tough job ahead as questions about a lack of transparency dog the university's finance department. Pierre Ouillet will take over the position left by Terry Sumner, who ...
Subscription Deals - The ProvinceThe University of British Columbia's new vice-president of finance could have a tough job ahead as questions about a lack of transparency dog UBC's finance department. Pierre Ouillet will take over the position left by Terry Sumner, who retired ...
Reverse mortgage limits double - Ralston RecorderOlder homeowners strapped for cash could get more help through changes implemented this week in a federal reverse mortgage program. Home values of up to $417,000 will be used nationwide as a basis for establishing the size of loans available from ...
VFW 10727 takes ownership of building - Ralston RecorderFrom left, VFW Post 10727 Quartermaster Bernie Brosnihan, Marcy Cotton with U.S. Bank, State of Nebraska VFW Commander Roger Lang and Post 10727 Commander Ken Brink light a copy of a mortgage check Saturday at the annual Jimmy Buffett Parrot Head ...
Everyone loves Jim Rogers — and some love the governor, too! - Las Vegas Sunbtw Jim, Arizona's plan to save education was to borrow billions and mortgage the state's future to cover the shortfall. Arizona has whimpy Republicans even though they control the legislature. But that just goes to show that Republicans and Dems ...
Jamaica financial experts accuse government of misleading public - Caribbean Net NewsKINGSTON, Jamaica: Financial experts feel that the Jamaican government is not informing the public of the true economic situation facing the country. Financial analyst Ralston Hyman, speaking on the state of the Jamaican economy, chastised the ...
UNLV president’s new assistant opts out - Las Vegas SunUNLV President David Ashley announced Thursday that a close associate from a previous job will not be joining UNLV as a high-ranking administrator. Nancy Tanaka, an assistant vice chancellor at the University of California, Merced, was scheduled ...
Global financial crisis hits B.C. pensions - Georgia StraightAnyone who's even vaguely following the financial meltdown in the U.S. would be familiar with the names of some of the institutions that have taken a wild ride in the volatile markets. When the likes of Lehman Brothers Holdings Inc., Merrill Lynch ...
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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