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News about Mortgages:
Columbus man sentenced on money laundering charge - Bizjournals.comColumbus man sentenced on money laundering chargeBizjournals.comA Columbus man was sentenced Friday for his role in a mortgage fraud scheme where participants secured loans on low-income Columbus properties whose ...and more »
Michael Lewis, 'The Big Short' Author, On Jon Stewart: How A One-Eyed Man Bet ... - Huffington Post (blog)ReutersMichael Lewis, 'The Big Short' Author, On Jon Stewart: How A One-Eyed Man Bet ...Huffington Post (blog)Michael Lewis came on "The Daily Show" last night to talk about his new book, "The Big Short," about the few investors who bet against subprime loans in ...Out This WeekColumbus DispatchIn an interview on Sunday's “60 Minutes,” author Michael Lewis decries the ...Orlando SentinelMichael Lewis: Wall Street Collapse A Story Of 'Mass Delusion' (VIDEO)Huffington Post (blog)all 119 news articles »
Housebuilder warns on mortgage drought threat - ScotsmanMSN Money UKHousebuilder warns on mortgage drought threatScotsmanAnnouncing improved financial results, Chairman Sir Brian Stewart said that disappointing mortgage lending figures and the continued political uncertainty ...Builder warns over mortgage droughtThe Press AssociationMiller urges banks to ease lendingFinancial TimesMiller Group says housing market over the worstnebusiness.co.ukDaily Mail -The Construction Index -CITY A.M.all 15 news articles »
Preliminary flood plain maps ready for review [Ruidoso News, N.M.] - Insurance News Net (press release)Preliminary flood plain maps ready for review [Ruidoso News, N.M.]Insurance News Net (press release)Reporting to county commissioners Tuesday, County Manager Tom Stewart said a FEMA Flood Plain review occur-red March 9, as a final meeting with local ...and more »
Federal Home Loan Bank Sues Over Mortgage Securities - BusinessWeekFederal Home Loan Bank Sues Over Mortgage SecuritiesBusinessWeekAmy Stewart, a spokeswoman for the Federal Home Loan Bank of San Francisco, didn't immediately return a voice-mail message. The 12 Federal Home Loan Banks ...and more »
First time buyers out of favour - FT AdviserFirst time buyers out of favourFT AdviserMortgage brokers are voicing concern that large lenders are placing disproportionate scrutiny on first time buyers and subjecting those with strong credit ...
The Bounty Hunter Comes After The Reject Report - Film School Rejects (blog)Film School Rejects (blog)The Bounty Hunter Comes After The Reject ReportFilm School Rejects (blog)First of all, The Runaways features Kristen Stewart, Dakota Fanning and Michael Shannon in a drama/biopic about legendary rocker Joan Jett. ...and more »
Farm Credit has weathered the financial crisis, CEO says - Abilene Recorder ChronicleAbilene Recorder ChronicleFarm Credit has weathered the financial crisis, CEO saysAbilene Recorder Chronicle“It really drove home our responsibility to agriculture,” asserted Jamie Stewart, chief executive officer of the Federal Farm Credit Banks Funding ...and more »
Overland Park Man Pleads Guilty in Fraud Scheme - Kansas City infoZineOverland Park Man Pleads Guilty in Fraud SchemeKansas City infoZinePoulikidis admitted that he caused a homeowner to obtain a $61500 loan from Fremont Investment and Loan to refinance a mortgage and to provide approximately ...and more »
FBI's Top Ten News Stories for the Week Ending March 19, 2010 - Federal Bureau of Investigation (press release)FBI's Top Ten News Stories for the Week Ending March 19, 2010Federal Bureau of Investigation (press release)Full Story Early in the morning of March 18, 1990, two men disguised as Boston police officers bluffed their way into the Isabella Stewart Gardner Museum. ...

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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.
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