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News about Mortgages:
Legislature to probe regulation of failed firms - Concord MonitorLegislature to probe regulation of failed firmsConcord MonitorThe New Hampshire Bureau of Securities Regulation is completing its own review into whether Farah and Dodge managed to skirt state securities oversight in ...
Lending insights - Seacoastonline.comLending insightsSeacoastonline.comFewer people are applying for auto loans and, despite historically low mortgage rates, some potential home buyers remain on the sideline, trying to time ...
Seacoast Realtors predict housing rebound in 2010 - Seacoastonline.comSeacoast Realtors predict housing rebound in 2010Seacoastonline.comAffordable mortgage rates, lower-than-average unemployment rates in the greater Portsmouth area and a predicted stabilization of prices could contribute to ...and more »
ETA on full economic recovery? Try 2017 in NH - The Union LeaderETA on full economic recovery? Try 2017 in NHThe Union LeaderBen Niles was a charter member of the Mortgage Bankers and Brokers Association of New Hampshire, and an account manager at Freddie Mac for 19 years. ...
How To Clean Up The Tax Code - ForbesChristian Science MonitorHow To Clean Up The Tax CodeForbes23 Senators Ron Wyden (D-Oregon) and Judd Gregg (R-New Hampshire) introduced S. 3018, a bill to reform the federal income tax. Unlike utopian reform ideas ...Gregg plan: Time to simplify income taxThe Union LeaderSenators Wyden and Gregg climb aboard the tax reform bandwagonChristian Science MonitorWyden, Gregg Propose 24% Top US Corporate Tax RateBusinessWeekAmerican Chronicle -Atlanta Journal Constitution (blog)all 81 news articles »
Bankruptcy trends spell trouble for NH - The Union LeaderBankruptcy trends spell trouble for NHThe Union LeaderMeanwhile, new mortgage data indicate the problem still may be getting worse. The New Hampshire Housing Finance Authority last week reported that the 352 ...
Courts committee critical of judge - The Union LeaderCourts committee critical of judgeThe Union LeaderNew Hampshire is not one of those places. HOOKSETT - In an interview and during his lecture at Southern New Hampshire University about why teens commit ...
Freddie Mac Reports Home Prices Fall 0.4 Percent in 2009 - Real Estate ChannelFreddie Mac Reports Home Prices Fall 0.4 Percent in 2009Real Estate Channel"Mortgage rates on 30-year fixed-rate loans hit an all-time low in Freddie Mac's Primary Mortgage Market Survey® in December and averaged 4.9 percent over ...and more »
A Bipartisan Plan for Tax Fairness - Wall Street JournalA Bipartisan Plan for Tax FairnessWall Street JournalOur legislation maintains the most popular tax breaks like the mortgage interest deduction and the health-care tax exclusion, while eliminating specialized ...and more »
Small businesses increasingly turn to credit unions - Boston GlobeBoston GlobeSmall businesses increasingly turn to credit unionsBoston GlobeYou've said credit unions generally offer better rates than banks. Why? Credit unions don't pay their directors, and banks do. They are not dominated by any ...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.
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