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News about Mortgages:
The Dark Side of Home Subsidies - New York TimesNew York TimesThe Dark Side of Home SubsidiesNew York TimesThe government has championed it for decades through tax breaks, mortgage guarantees and, most recently, the herculean task of keeping Americans in their ...and more »
Review: Lewis's 'The Big Short' a clear-eyed, acid-tongued account of a ... - San Jose Mercury NewsReview: Lewis's 'The Big Short' a clear-eyed, acid-tongued account of a ...San Jose Mercury NewsWe learn that when investor demand for subprime mortgages outstripped supply, Wall Street filled the gap by creating "synthetic" mortgage-backed securities ...and more »
Hits - and misses - Dallas Morning NewsHits - and missesDallas Morning NewsAlthough the backers say the exchanges are intended to reduce risk, they could also allow a lucky speculator to profit by betting on a dark horse. ...and more »
Review | Paradise lost in 'So Much for That' - MiamiHerald.comReview | Paradise lost in 'So Much for That'MiamiHerald.comBut years pass, and he and his wife Glynis grow more rooted in (or buried by) American life -- jobs, home, mortgage, children, school, debt -- to the point ...and more »
3m homeowners in the dark over mortgage rates - MyFinances.co.ukMonitorBankRates.com3m homeowners in the dark over mortgage ratesMyFinances.co.ukBy myfinances.co.uk staff Millions of homeowners could be paying over the odds for their mortgage because they do not know what rate they are on, ...Study: 3m home owners do not know mortgage rateRated Peopleall 413 news articles »
Groping in the Dark Toward Foreclosure Remedies - Wall Street Journal (blog)Credit.com NewsGroping in the Dark Toward Foreclosure RemediesWall Street Journal (blog)AP Mortgage bankers used to spend most of their time at conventions talking to one another. Now, having made too many crazy loans during ...Boston Mortgage Lenders Not Honoring HAMPHULIQall 187 news articles »
Bloody 'Repo Men' goes after artificial organs in slice of life - Detroit Free PressLos Angeles TimesBloody 'Repo Men' goes after artificial organs in slice of lifeDetroit Free PressThe Union is today's nightmares writ large -- a for-profit health care company that operates like a mortgage or car loan specialist. ...Review | Repo Men (R) ***MiamiHerald.comall 661 news articles »
Large Public Homebuilders Benefit from Tax Aid - Lobbyists Win Again - Forex HoundLarge Public Homebuilders Benefit from Tax Aid - Lobbyists Win AgainForex HoundHomebuilders and the mortgage industry are emerging as big victors in a bipartisan agreement reached by Senate leaders on legislation designed to limit the ...and more »
Divorce and separation: a woman's view - Times OnlineTimes OnlineDivorce and separation: a woman's viewTimes OnlineWe had two teenage sons, a joint mortgage, entwined narratives, and a shared history. I simply couldn't imagine life without him, but it turned out that he ...and more »
Marouelli's last call - Edmonton JournalMarouelli's last callEdmonton Journal"I had a wife, three kids, the mortgage, two dogs and the station wagon and I didn't think I would make any money in the minors, so I turned them down. ...and more »

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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.
Buyer’s 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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