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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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Liberty mortgage rates news:
Financial News
Can We Bank on the Federal Reserve? - Reason.com
Earlier this year, the Federal Reserve—that citadel of inscrutable power, able to goose conspiracy theories as quickly as interest rates—lost a chairman. Alan Green¬span, whose tenure lasted almost two decades, is the most celebrated Fed chief ...

From small town to boom town - Austin American-Statesman
At least one area in Central Texas is thriving these days despite the real estate slowdown: Liberty Hill, the small town just north of Cedar Park and Leander. In fact, Liberty Hill is in the only real estate zone in Travis, Williamson, Bastrop and ...

Nov 30 - Dec 06 (93) - Andrewsullivan.theatlantic.com
Yesterday, the president and Christianist Rick Warren had a conversation about HIV and AIDS. As the epidemic continues in this country - still largely among men who have sex with men, especially black men who have sex with men - neither Warren nor ...

Doublespeak and American Socialism - Family Security Matters
“Mortgage Rates Fall as U.S. Expands Rescue” was the page-one headline in the November 26th Wall Street Journal . The story concerned a promise from federal officials to “pump” another $800 billion into the economy, bringing the grand total ...

Travelers’s Fishman Says Credit Crunch Derails Deals (Update2) - Bloomberg
Nov. 25 (Bloomberg) -- Travelers Cos. Chief Executive Officer Jay Fishman said companies may be stuck with insurance businesses they can’t sell as the global credit crunch erodes the capital of potential buyers. The number of insurance businesses ...

TALK BACK - Mens Newsdaily
Roger F. Gay : I think Mike just started a potentially powerful discussion. It provides a set of organizaing concepts... merck : If people are looking for some magical leader to emerge and put an end to the suffering you’re not living in... Mike ...

In 2008, tax planning takes twist - Courier-Post
NEW YORK — Heading into the holidays it's likely that you're going to be thinking a lot about money. And this time of year tax advisers like to remind us that there are ways to minimize our tax bill next April. But with an economic downturn in full ...

End-of-year tax planning takes election year twist - Alaska Journal of Commerce
NEW YORK (AP) — Heading into the holidays it's likely that you're going to be thinking a lot about money. And this time of year tax advisers like to remind us that there are ways to minimize our tax bill next April. But with an economic downturn in ...

Most Visited - Nolanchart.com
(Conservative) Today, Tuesday, 11/25/2008 was a three trick day but the stock market only rose 36 and change. Yesterday's trick, Citi, was good for almost 400. Friday's trick, Geithner's appointment, was worth another bunch. I think the poor showing ...

$8.5 Trillion and Counting - Reason.com
The L.A. Times on Sunday updated the numbers on 2008's historic (and historically awful) round of bailouts, and came out with a shiny new figure: $8.5 trillion . It's a useful piece of journalism, so I almost hate to complain, but the lead-paragraph ...

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