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News about Mortgages:
BofA and the Parrot: Bird's Eye View of the Foreclosure Mess - Wall Street Journal (blog)New York Daily NewsBofA and the Parrot: Bird's Eye View of the Foreclosure MessWall Street Journal (blog)The issue, insisted the lawyer, Michael Rosenzweig of Edgar Snyder & Associates in Pittsburgh, was the distress inflicted on Ms. ...Bank of America Apologizes for Padlocking Wrong House, Taking Pet ParrotMyFox Dallasall 389 news articles »
Flagstar Bancorp, Inc. Announces Plans for Common Stock Offering - PR Newswire (press release)Flagstar Bancorp, Inc. Announces Plans for Common Stock OfferingPR Newswire (press release)Prospective investors may obtain these documents without charge by visiting EDGAR on the SEC website at http://www.sec.gov. Alternatively, copies of the ...and more »
An easy fix for a tricky securities problem - CNNAn easy fix for a tricky securities problemCNNEven today, the SEC's EDGAR system holds thousands of them in ASCII and HTML format, but because there's no common structure, the securities are opaque. ...and more »
SECURITIES ACT REGISTRATIONS - Trading Markets (press release)SECURITIES ACT REGISTRATIONSTrading Markets (press release)In most cases, you can view and download this information by using the search function located at: http://www.sec.gov/edgar/searchedgar/companysearch.html. ...
Janitor asks CEO for mortgage help - Minneapolis Star TribuneJanitor asks CEO for mortgage helpMinneapolis Star TribuneThe couple turned in 2007 to a Maple Grove mortgage broker named Edgar Fretes, a Spanish-speaker who told them he could find a better deal. ...and more »
Managing Director of Mortgage EquiCap to Join GoldenNetworking.com's ... - PR-inside.com (press release)PR-inside.com (press release)Managing Director of Mortgage EquiCap to Join GoldenNetworking.com's ...PR-inside.com (press release)Under Mr. Hilpert's direction, Mortgage EquiCap recently formed a strategic alliance with Espais New York Corporation, a subsidiary of one of Spain's ...and more »
DMV Asks Motorists to Wait for a New License - KTVNNewsolio (blog)DMV Asks Motorists to Wait for a New LicenseKTVN"This new program is running smoothly," said DMV Director Edgar Roberts. "But we are asking motorists to help us keep the lines as short as possible by ...New licenses will expire before federal requirement arrivesThe Record-Courierall 20 news articles »
Sampler: Funeral Fund to Settle, and Solar Panels for Alcatraz - New York Times (blog)Sampler: Funeral Fund to Settle, and Solar Panels for AlcatrazNew York Times (blog)[KCBS, The Contra Costa Times] A Bay Area Preserver of Parks Dies | Edgar Wayburn, who served five terms as the president of the Sierra Club, ...
State's Shared Work Plan Softens Impact Of Cutbacks - Hartford BusinessState's Shared Work Plan Softens Impact Of CutbacksHartford BusinessDavid Edgar, vice president of human resources at Reflexite Co. in Avon and New Britain, said, “It's a brilliant, brilliant program. ...
Names and Changes - Roanoke TimesNames and ChangesRoanoke TimesSunTrust Mortgage Inc. announced the addition of Edgar Tuck as a mortgage loan officer at its Smith Mountain Lake office. Virginia Farm Bureau Insurance ...and more »
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