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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
Marion mortgage rates news:
Financial News
McCain's vice presidential candidate vows to upend Washington - Knoxville News Sentinel
Former Arkansas Gov. Mike Huckabee speaks during the Republican National Convention in St. Paul, Minn. ST. PAUL, Minn. - Claiming her historic place on the Republican ticket, vice presidential candidate Sarah Palin mocked Barack Obama's experience ...

Breaking News: Pro-Clinton push poll erupts in California - Los Angeles Times Blogs
Ed Coghlan was just starting to prepare his dinner in the northern San Fernando Valley the other night when the phone rang. The caller was very friendly. He identified himself as a pollster who wanted to ask registered independents like Coghlan a few ...

Coming Soon: SR to Release E-mail Exchanges ... (Not so fast...) - Spokane Spokesman-Review
Of the 50 messages, a few have explicit photos embedded in the message. We can't publish those photos (one shows a toddler's penis). We also have a strong ethical policy against blurring or otherwise manipulating photos. Some of the messages are ...

Voter Participation - OpEdNews.com
Douglas Smyth: Vote 3rd Party, Or Not? (5 comments) Does it make logical sense to vote for a third party in a system in which all the electoral machinery and structure is designed to maintain only two parties? Sometimes, the vote for a third party ...

Web Links - WFTV
Week of August 18 Lake County - Niagara Bottling Correspondence FloridaDisaster.org - Florida Division of Emergency Management Week of August 11 Seminole County Emergency Information Early Voting Information For Orange County FDLE Sex Offender ...

INDUSTRY NEWS & PEOPLE January 2008 - Business Travel Executive
The Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...

Taxing Time - WTHR
Indiana Local Government Reform Commission - Don't let your eyes glaze over at the official-sounding name. This is a new site set up by the state to listen to Hoosiers and to give information about the governor's commission that is studying ways to ...

Hip-Hop Rumors: Ozone Replies To Critics! Lady Drama an... - allhiphop.com
I am not sure if BET is looking for new hosts on “106 & Park,” but I heard a rumor that might have been confusing things. From what I heard, BET is looking to do another Hip-Hop show. I did hear that they had open casting calls for that as well ...

the chat room - Slate
Farhad Manjoo takes readers' questions about Microsoft's sly new PR campaign for Vista. posted Aug. 7, 2008 The Bush Problem John Dickerson takes readers' questions about how McCain should handle his ties to the president. posted July 31, 2008 Oughta ...

11 TV Hill - Wbaltv.com
BALTIMORE -- WBAL-TV 11 continues to strengthen its brand of “Live, Local, Latebreaking” with the award winning news magazine program 11 TV Hill. Every Sunday beginning at 11:30am, 11 TV Hill takes viewers deeper into thought provoking news ...

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