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Frat-house-friendly design - Chattanooga Times Free Press
Frat-house-friendly designChattanooga Times Free PressWhen that project failed to materialize, Roy Williams, a Pike alum, dedicated his own time and money to pursuing a chapter house. ...

Pike County Court Notes 3-17-2010 - Scranton Times-Tribune
Pike County Court Notes 3-17-2010Scranton Times-Tribune- Fannie Mae aka Federal National Mortgage Association, by its attorney-in-fact, Phelan, Hallinan & Schmieg LLP, to Wing and Ay Seto, address unavailable; ...

Pike Block developer seeks $250000 grant from Syracuse agency - The Post-Standard - Syracuse.com
Pike Block developer seeks $250000 grant from Syracuse agencyThe Post-Standard - Syracuse.comThe application from 300 Block LLC, the company created for the project, also requested exemptions from the state mortgage recording tax and sales taxes on ...and more »

Irongate Inc., Realtors announces the affiliation of Fisher & Associates Realty - Times Community Newspapers of Greater Dayton
Irongate Inc., Realtors announces the affiliation of Fisher & Associates RealtyTimes Community Newspapers of Greater DaytonFisher, who is the current mayor of Huber Heights, will serve as the manager of the new Irongate facility located just south of I-70 at 7699 Brandt Pike. ...

December house prices fall slightly in Cleveland area, index shows - Plain Dealer
Plain DealerDecember house prices fall slightly in Cleveland area, index showsPlain DealerAnd Forest City Enterprises Inc. wants to build smaller, less-costly townhouses in the stalled Pointe at Sterling Lakes subdivision in Pepper Pike. ...and more »

NEW BUSINESSES - Providence Journal
NEW BUSINESSESProvidence JournalA: Laura McGuire, 107 Danielson Pike, Scituate 02857. Regulatory consulting services for blood banks and hospitals. UNITED STATES CORPRORATION AGENTS, ...

Pike County Court Notes 3-3-2010 - Scranton Times-Tribune
Pike County Court Notes 3-3-2010Scranton Times-TribuneFannie Mae, a/k/a Federal National Mortgage Association, by its attorney-in-fact Goldbeck McCafferty & McKeever, to Lyudmila Tsemakhov and Oleg Tsemakhov, ...

Danish Mortgage Banks Boost March Bond Sales to Lure Buyers - BusinessWeek
Danish Mortgage Banks Boost March Bond Sales to Lure BuyersBusinessWeek“There's a lot of one-year loans coming down the pike these days,” said Hjortshoj-Nielsen. “It's easier to sell fewer bonds at a time.” Mortgage banks can't ...

Common Pleas for 3-11 - The Review
Common Pleas for 3-11The ReviewJudge C. Ashley Pike set sentencing for May 10. A charge of conspiracy to robbery, also a felony, was dismissed as part of the deal. ...and more »

Time is running out for those wanting to take advantage of the first-time ... - Santa Rosa Press Democrat
Time is running out for those wanting to take advantage of the first-time ...Santa Rosa Press DemocratOn a $350000 mortgage, that's about $100 per month. Federal Housing Administration changes are also coming down the pike beginning April 5. ...and more »

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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.

    View all Terms
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