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U.S. Jobs, Buffett, Abe Abroad, UBS: Week Ahead April 30-May 7 - Bloomberg
BloombergU.S. Jobs, Buffett, Abe Abroad, UBS: Week Ahead April 30-May 7BloombergBerkshire Hathaway Inc. celebrates its 51st anniversary with Warren Buffett at the company's annual shareholder meeting. The company also announces earnings on Friday. Other companies reporting earnings include Tesla Motors Inc., MetLife Inc. and UBS ...and more »

Berkshire Hills Bancorp's (BHLB) CEO Mike Daly on Q1 2016 Results - Earnings Call Transcript - Seeking Alpha
Berkshire Hills Bancorp's (BHLB) CEO Mike Daly on Q1 2016 Results - Earnings Call TranscriptSeeking AlphaIn addition to the success we're seeing in commercial, we did have good growth in consumer loans this quarter and on the mortgage side, we took advantage of favorable market conditions to prune some seasoned loans. As a result of this strategy, total ...

DIGGING DEEPER: What's causing Rockford's property tax rate to keep increasing - WREX-TV
WREX-TVDIGGING DEEPER: What's causing Rockford's property tax rate to keep increasingWREX-TVNobody is enjoying the high property tax rate," said Berkshire Hathaway Home Services Managing Partner Jean Crosby. Rockford's ... "When your property tax payment exceeds your mortgage amount you know you have a problem." Crosby estimates around ...

Toby Anstis: 'Three mortgage-free flats are just the start of my pension saving' - Anstis: 'Three mortgage-free flats are just the start of my pension saving' the time I went to university to study psychology, I was really aiming at working in radio, and continued to do voluntary work at Radio London and at a community radio station in Berkshire. Has there been a time in your life when you didn't know how ...and more »

Berkshire Hills Reports 8% Increase in First Quarter Core EPS; Dividend Declared - PR Newswire (press release)
The Vista VoiceBerkshire Hills Reports 8% Increase in First Quarter Core EPS; Dividend DeclaredPR Newswire (press release)Annualized commercial loan growth measured 6% in the first quarter of 2016, due primarily to 8% annualized growth in commercial real estate loans. This growth, together with consumer loan growth, offset a decrease in residential mortgage balances.Upgrades And Downgrades For Berkshire Hills Bancorp, Inc. (NYSE:BHLB)Risers & Fallersall 14 news articles »

How to invest like Warren Buffett - The Australian Financial Review
The Australian Financial ReviewHow to invest like Warren BuffettThe Australian Financial ReviewThe biggest spectator event in capitalism kicks off on April 30 when Berkshire Hathaway holds its annual meeting in Omaha, Nebraska. Last year 40,000 investors ... The float held by Berkshire was a mere $US39 million in 1970, but today it has grown to ...and more »

Zimmer Biomet to Acquire Arizona Company - Inside INdiana Business
Inside INdiana BusinessZimmer Biomet to Acquire Arizona CompanyInside INdiana BusinessWarsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has announced it has entered into a definitive agreement to acquire Arizona-based Cayenne Medical Inc. Financial terms of the deal were not disclosed, but the acquisition is expected to close ...and more »

Tight Inventory Keeps Indiana a Seller's Market - Inside INdiana Business
Tight Inventory Keeps Indiana a Seller's MarketInside INdiana BusinessIt's a seller's market. Realtors say tight inventory and low mortgage rates are pushing prices up and have home buyers scrambling to find options. "In some areas, we have sixty percent of the total houses we had in 2010 and you have more buyers than in ...

Purdue Names Head of Polytechnic High School - Inside INdiana Business
Inside INdiana BusinessPurdue Names Head of Polytechnic High SchoolInside INdiana BusinessThe president and chief executive officer of Goodwill Education Initiatives in Indianapolis, has been selected to be the first head of school for Purdue Polytechnic High School. Scott Bess will lead the school, which is scheduled to open in downtown ...and more »

Indy Ag Investment Firms Merge - Inside INdiana Business
Inside INdiana BusinessIndy Ag Investment Firms MergeInside INdiana Business... mortgage rates are pushing prices up and have home buyers scrambling to find options. "In some areas, we have sixty percent of the total houses we had in 2010 and you have more buyers than in 2010," said Greg Cooper, a manager/broker at Berkshire ...and more »

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Adams Dalton Hinsdale Lenox Dale Otis Sheffield Tyringham
Ashley Falls Drury Housatonic Mill River Pittsfield South Egremont West Stockbridge
Becket East Otis Lanesboro Monterey Richmond South Lee Williamstown
Berkshire Glendale Lee North Adams Sandisfield Southfield Windsor
Cheshire Great Barrington Lenox North Egremont Savoy Stockbridge

Today's Mortgage Terms starting with C

  • Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
  • Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
  • Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
  • Collateral: Property pledged as security for a debt.
  • Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
  • Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
  • Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
  • Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
  • Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
  • Credit Bureau: It is a clearinghouse for credit history information.
  • Credit Report: A report containing a detailed credit history of an individual.

    View all Terms
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