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STAMP DUTY RETURNS TO CRUSH HOME LOAN REVIVAL - UK Express
STAMP DUTY RETURNS TO CRUSH HOME LOAN REVIVALUK ExpressBy Sarah O'Grady MORTGAGE lending slumped in January after the end of the stamp duty holiday, figures showed yesterday. Loans taken out to buy a property, ...and more »

Rep. Grady proposes legislation to provide relief to neighborhoods caught in ... - Naples Daily News
Rep. Grady proposes legislation to provide relief to neighborhoods caught in ...Naples Daily News... for consumers," Grady said. This process also reduces the burden on Florida's courts, banks, and most importantly, mortgage and bill-paying homeowners. ...and more »

House prices driven lower for the first time in almost a year - Independent
House prices driven lower for the first time in almost a yearIndependentA shortage of finance may make things worse, says Sean O'Grady The 1 per cent fall in house prices recorded by the Nationwide in February brings to an end ...and more »

LENDING RATES ARE SLASHED - UK Express
LENDING RATES ARE SLASHEDUK ExpressBy Sarah O'Grady The introduction of new deals by the Co-operative Bank and Santander was met by news from Northern Rock that it was also cutting rates. ...and more »

Fears grow of double dip for UK housing market - Independent
Fears grow of double dip for UK housing marketIndependentBy Sean O'Grady, Economics Editor The housing market seems set to undergo its own "double-dip" recession, with Halifax announcing yesterday that there was a ...and more »

Bank warns lenders that support will be withdrawn - Independent
Bank warns lenders that support will be withdrawnIndependentBy Sean O'Grady, Economics Editor The continuing weak flow of credit to the real economy was confirmed in reports yesterday from the Bank of England and the ...and more »

IN RE WESSELDINE - Leagle.com
IN RE WESSELDINELeagle.comFurther, the Court notes that Attorneys Grady and Harris Courage both charge the same hourly rate of $350.00, notwithstanding their significant disparity in ...and more »

Sean O'Grady: What would happen if the country really went bust? - Independent
Sean O'Grady: What would happen if the country really went bust?IndependentThis mispricing and misunderstanding of risk, for example through the mistaken rating of sub-prime mortgage-backed securities as "safe", brought us to the ...and more »

Hard for local housing prices to defy the downward pull of foreclosures - Tampabay.com
Hard for local housing prices to defy the downward pull of foreclosuresTampabay.comTom Grady from Naples, both Republicans. Thirty-seven states already follow the nonjudicial foreclosure handbook. If Florida adopted the same, ...and more »

The Permanent TSB/ESRI house price index, one of the main barometers of ... - Irish Times
The Permanent TSB/ESRI house price index, one of the main barometers of ...Irish TimesNiall O'Grady, general manager of business strategy at Permanent TSB, described 2009 as a “horrendous year” for the Irish housing market.IL&P/ESRI price survey hit by drop in residential home loansIrish Independentall 9 news articles »

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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.
  • Buyers 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.

    View all Terms
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