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News about Mortgages:
Nuveen Mortgage Opportunity Term Fund 2 Attracts $135 Million - MarketWatch (press release)Nuveen Mortgage Opportunity Term Fund 2 Attracts $135 MillionMarketWatch (press release)Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara, ...and more »
York County deed transfers for March 18 - York Daily RecordYork County deed transfers for March 18York Daily Record115 Locust St., Hanover: Bruce C. and Kathryn A. Hyde to Daniel Curtis Noble for $35000. 130 Test Road, Conewago Twp.: Raygan Johnson and Sheriff Richard P. ...
Online oops leaves Chicagoan fighting for water bill refund - Chicago TribuneChicago TribuneOnline oops leaves Chicagoan fighting for water bill refundChicago TribuneIt wasn't until after the Hyde Park resident had clicked "send" on Nov. 11 that he realized his error. Instead of paying his mortgage, Relf paid $1850 ...and more »
Biz Break: All in all, Pink Floyd backed by judge on Internet downloads - San Jose Mercury NewsBiz Break: All in all, Pink Floyd backed by judge on Internet downloadsSan Jose Mercury News... left, Roger Waters, second left, Nick Mason, second right, and Rick Wright, at the end of their set at the Live 8 concert in Hyde Park, London. ...and more »
Lackawanna County Court Notes 3-13-2010 - Scranton Times-TribuneLackawanna County Court Notes 3-13-2010Scranton Times-Tribune- Margaret Cantafio, 303 Smallacombe Drive, Scranton, letters of administration to Carol Cantafio, 209 N. Hyde Park Ave., Scranton. ...and more »
Promotions and new jobs - Cincinnati.comPromotions and new jobsCincinnati.comThe following insurance agents have joined AAA: Donald Decker, Green Township office; Jeffrey Knox, Hyde Park office; and Mike Daley, Florence office. ...and more »
Where would you invest a spare £100000? - Times OnlineTimes OnlineWhere would you invest a spare £100000?Times OnlineThis pools your money with that of other investors to buy properties located in two boroughs within six square miles around Hyde Park. ...
Chamber chief keeps visitors center dream alive - Westfair OnlineChamber chief keeps visitors center dream aliveWestfair OnlineMany were amazed they could visit West Point, Mohonk Mountain House and Hyde Park all in the same general location, and that's where I got the idea. ...
EDC takes action on four projects - The Daily News OnlineEDC takes action on four projectsThe Daily News OnlineThe money will help Menai set up a research and development center in the Med Tech Park, said GCEDC Chief Executive Officer Steve Hyde. ...
Nuveen Investments to Host Fourth Quarter 2009 Results Conference Call ... - dBusinessNews Chicago (press release)Nuveen Investments to Host Fourth Quarter 2009 Results Conference Call ...dBusinessNews Chicago (press release)Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara, ...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