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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. View all Terms

Pulaski mortgage rates news:

A common-sense approach to deflating your debt - Dallas Morning News
They've both been laid off from jobs in the past and are afraid Mr. Jensen could be laid off again. They've watched the gyrations of the stock market and are worried about their 401(k) retirement plans. Their previous economic hard times forced the ...

Personal Finance: Deflating your debt - Dallas Morning News
Like many Americans, Jackie and James Jensen are keeping a close eye on the economic turmoil. Financial guidance Need help? Call our financial planning hotline today. The Dallas Morning News and the Financial Planning Association will host a free ...

Arrest made in murder case - Log Cabin Democrat
A Jacksonville man has been charged with the murder of a woman whose remains were found Tuesday in a wooded area in a Jacksonville industrial park. George Alan Smith, 33, was arrested late Thursday night and charged with capitol murder after day-long ...

Pulaski's investment loss doesn't herald trouble for banks here - St. Louis Post-Dispatch
Two months ago, Missouri Banking Commissioner Eric McClure wouldn't have given a second thought to seeing preferred stock in Fannie Mae and Freddie Mac in a bank's investment portfolio. Then over the weekend, the federal government placed the two ...

Fannie Mae, Freddie Mac takeover to have mild impact on Dallas area - Dallas Morning News
As one of the few survivors of the nation's mortgage meltdown, North Texas' home market doesn't stand to gain nearly as much from the federal takeover of national mortgage giants Fannie Mae and Freddie Mac as other parts of the country. But housing ...

Takeover of Fannie, Freddie expected to have mild impact on Dallas ... - Dallas Morning News
As one of the few survivors of the nation's mortgage meltdown, North Texas' home market doesn't stand to gain nearly as much from the federal takeover of national mortgage giants Fannie Mae and Freddie Mac as other parts of the country. But housing ...

Businesses find borrowing tougher as banks retrench - St. Louis Business Journal
With the proliferation of bad loans, credit standards at St. Louis banks, like those nationally, have tightened, making it tougher to get a loan. Pulaski Bank has been demanding more collateral and personal guarantees from business borrowers, said ...

MOHELA expects massive margin calls - St. Louis Business Journal
Ray Bayer Jr. The state’s student loan authority is facing its most serious challenge in its nearly 30-year history. The Missouri Higher Education Loan Authority (MOHELA) expects massive margin calls that will require it to come up with tens of ...

Palin Interview - Shelbyville Times-Gazette
Unless she opens up to all the press and public I do not see how we can consider someone that we know less about then the bag boy at our local grocery store? This is a situation that could place her in the position as commander in chief of the United ...