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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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Clark mortgage quotes news:
Libor Holds Central Banks Hostage as Credit Freezes (Update1) - BloombergOct. 9 (Bloomberg) -- Danilo Coronacion oversees 15 percent of global coconut oil production at CIIF Oil Mills Group in the Philippines. These days, he spends a lot of time worrying about events half a world away in London. The name of his pain ...
Libor Holds Central Banks Hostage as London Makes World Freeze - BloombergOct. 9 (Bloomberg) -- Danilo Coronacion oversees 15 percent of global coconut oil production at CIIF Oil Mills Group in the Philippines. These days, he spends a lot of time worrying about events half a world away in London. The name of his pain ...
Campaign getting personal - Boston GlobeGet ready to hear a lot about Bill Ayers and Charles Keating this week, likely including Tuesday night's second presidential debate. Republican John McCain is trying to move the campaign off the economy -- an issue on which Democratic rival Barack ...
No bank bailouts: Flaherty - Globe and MailCanadian financial services industry is solid and solvent, says the finance minister, while admitting that credit is tight ... Read the full article Conservatives Lie from Canada writes: No one believes Mr. Flaherty, Mr. Harper and the Conservatives ...
Undernews: Rezko Alert - SlateToday's video: Huckabee sucks up to the teachers' union . ... 11:54 P.M. The GOP's fake immigration tough guys: Mark Krikorian cracks Giuliani's code on immigration . It seems Giuliani wants to stop illegal immigrants at the border but resists ...
Quebec, Ontario swing against Tories - Globe and MailD Le5 from Canada writes: Hi CPC remember us?? Ontario...you know the ones you enjoy bashing to get support across Canada (Ontario/Toronto bashing is a National sport apparently). Well it looks that now that you ticked off Quebec (the Province you ...
I'm going to catch that horse if I can ... - Media MattersI did a short post on the VP debate for the Guardian on Friday; it's here . Speaking of which, the moderating, again, was lousy. Just look at this question from Gwen Ifill: "Let's move to Iran and Pakistan. I'm curious about what you think starting ...
Archive for October, 2008 - Hollywood Today.netNEW YORK (Hollywood Today) 10/6/08 – Anne Hathaway hosted “Saturday Night Live” with courage and style, kicking off the show by unflinchingly tackling the elephant in the room. The star of “The Princess Diaries” dedicated her opening ...
Live Blog: The Battle of Nashville - New York Times BlogsForeign policy now moves onto center stage, from Iraq to Afghanistan to Pakistan. The candidates’ health care plans — mandates vs. choices — proved to offer one of the starkest differences between the two presidential nominees. Mr. Obama ...
Not "The Senator," But "That One" - NationThe proper, respectful and appropriate description for an foe in a debate between two senators is "the senator" or -- if there is a desire to get flowery -- "my distinguished colleague." But Arizona Senator John McCain, who after a quarter century on ...
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