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News about Mortgages:
Real estate: What your neighbor's house is selling for - Belleville News DemocratReal estate: What your neighbor's house is selling forBelleville News Democrat215 Shawnee; from Charity Kincade; to Brady Greene and Angela Greene; $145000. * 123 10th St.; from Federal National Mortgage; to Barbara Stock; $52000.
High-Scoring Borrowers Pay Cards Ahead of Mortgages (Correct) - BusinessWeekCredit.com NewsHigh-Scoring Borrowers Pay Cards Ahead of Mortgages (Correct)BusinessWeekLate mortgage payments by high-scoring consumers will persist for another six months to nine months, said Greene. Homeowners also may be strategically ...Report: Consumers current on credit card debt, behind on mortgagesCredit.com NewsFICO Finds More Borrowers Default on Mortgages Over Credit CardsHousing WireWhich Do You Pay Off First: Credit Card Statement or Mortgage?Better Business BureauACA Internationalall 39 news articles »
Trend disturbs experts: Skip the mortgage, pay the credit cards - Memphis Commercial AppealNew York PostTrend disturbs experts: Skip the mortgage, pay the credit cardsMemphis Commercial AppealWhile the numbers are small, the trend is disturbing, said Mark Greene, chief executive of FICO. "We're identifying lending-industry situations in FICO ...Lower credit scores cost New Yorkers $1400 a yearNew York Postall 2 news articles »
Ireland takes its medicine but doesn't relish it - Winnipeg Free PressIreland takes its medicine but doesn't relish itWinnipeg Free PressHis mortgage is $1350 a month, nearly half his take-home pay. The sacrifices imposed on Greene represent a tiny part of the $5.4 billion the Irish ...and more »
Borrower's dilemma: pay credit card bill or mortgage? - Austin American-StatesmanBorrower's dilemma: pay credit card bill or mortgage?Austin American-StatesmanAlthough the numbers are small, the trend is disturbing, according to FICO chief executive Mark Greene. "We're identifying lending-industry situations ...FICO: Americans More Likely to Default on Mortgages than Credit CardsMortgageNewsDaily.comall 2 news articles »
March 20 Open Line - Jacksonville Journal CourierMarch 20 Open LineJacksonville Journal Courier“I hope that IDOT officials have to drive on Ill. 267 in Morgan and Greene counties some day and the sooner the better. The bounces will churn your ...
St. Joe's CEO well-compensated for move out of Jacksonville - Florida Times-Union (blog)St. Joe's CEO well-compensated for move out of JacksonvilleFlorida Times-Union (blog)St. Joe Co., which announced it was moving its Jacksonville headquarters to Panama City earlier this morning, is compensating Wm. Britton Greene, ...and more »
CONSUMER FINANCE:More People Skip Mortgage To Pay Credit Cards - Wall Street JournalCONSUMER FINANCE:More People Skip Mortgage To Pay Credit CardsWall Street JournalWhile the numbers are small, the trend is disturbing, said Mark Greene, chief executive of FICO. "We're identifying lending-industry situations in FICO ...If you use credit cards, it pays to keep track of the score - your own, that isBoston Globeall 28 news articles »
Lap dancing club defies protest - Oxford MailLap dancing club defies protestOxford MailMr Thompson said the Greene King brewery was in the process of transferring the Thirst Lodge's lease to new operators Warwood Ltd. The freehold of the ...
FICO: Some consumers opting to pay credit cards over mortgage - Credit Loan (blog)DSNews.comFICO: Some consumers opting to pay credit cards over mortgageCredit Loan (blog)“Economic instability is creating unknown risk in lenders' credit portfolios as well as counter-intuitive trends in consumer behavior,” said Dr. Mark Greene ...High FICO Scorers Default on Mortgages Faster Than BankcardsDSNews.comBest Borrowers Opt To Pay Cards FirstCollections & Credit Risk (blog)Learn How Canceling Credit Cards Affects Your Credit ScoreLifehackerGather.comall 13 news articles »

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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.
Buyers 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.
View all Terms |