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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
Potter home equity loans news:
Financial News
2nd UPDATE: Asian Share Declines Acclerate; China, HK Drop - FXStreet.com
SINGAPORE (Dow Jones)--Asian share market falls accelerated late on Tuesday after a decline on Wall Street and given worries about the outlook for corporate earnings and global economic growth, with light trading volume underlying the caution ...

Matter of Record, November 17 - Wichita Falls Times Record News
Jo Nash vs. Kelly Wilson, 2131 Ave. F, $200,000.00, V3305 P885. Gary Writtenhouse vs. Jeff Prine, 1511 Nunneley Pl., #5, $1,248.37, V3306 P576. Workman, Tammy Michele, Wichita County, Chapter 7, Date Filed Oct. 29, Case No. 08-70448. Frazier, Phillip ...

Nov 09 - Nov 15 (304) - Andrewsullivan.theatlantic.com
"When every gay person and every friend or family member of a gay person really, truly believes that the status quo is unacceptable, we will win." I'm not gay. I don't have gay friends or family. This isn't about homosexuality. This is about civil ...

Europe Stocks Rise on China Stimulus; BHP, Deutsche Post Gain - Bloomberg
Nov. 10 (Bloomberg) -- European stocks advanced for a second day after China unveiled a $586 billion plan to stimulate the economy and world leaders urged more cuts in interest rates. BHP Billiton Ltd. climbed 11 percent and Rio Tinto Group jumped 8 ...

Outlook: A Too-Wonderful Lifestyle - Washington Post
• Politics : Health Care Plans "For three generations, suburban homesteading has been underwritten by our infrastructure spending, our zoning policies, our banking regulations and our tax code. Easy credit, inexpensive mortgages, cheap gasoline ...

How Britain's banks will never be the same again - The Independent
The Government's emergency measures to strengthen the banking system will also transform the landscape of the sector. Sean Farrell reports The party's over. Yesterday's extraordinary set of Government measures to bolster the banking system will ...

British government steps in to help banks - Seattle Post Intelligencer
LONDON -- The British government announced a 50 billion pounds ($87.5 billion) plan on Wednesday to partly nationalize major banks, with taxpayers taking stakes in a bid to shore up a financial sector hard hit by the world financial crisis. Prime ...

Britain's banks will never be the same again - Belfast Telegraph
The Government's emergency measures to strengthen the banking system will also transform the landscape of the sector. Sean Farrell reports The party's over. Yesterday's extraordinary set of Government measures to bolster the banking system will ...

The year the roof fell in for the banks - Independent
Share As bonds in the three fallen Icelandic banks were being valued at mere "cents in the euro" in complicated auctions during the week, investors were comforted to hear Allied Irish Banks has no exposure to the economically embattled Nordic island ...

MONDAY, FEB. 12 - Wall Street Journal
An E.coli outbreak that closed some Taco Bell restaurants in December aggravated investor concern about Yum’s sluggish U.S. performance. That said, the fast-food company is going great guns overseas, which helped boost its stock 24% last year. See ...

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