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Today's Mortgage Terms starting with T

Term:

The period of time in which a loan must be paid off.

Truth-In-Lending Act:

Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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Chippewa refinance mortgage news:
Financial News
Meltdown far from over, new mortgage crisis looms - Chippewa Herald
WASHINGTON - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...

Malls, hotels next victims in new mortgage crisis - Chippewa Herald
WASHINGTON - The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis _ one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full ...

General Growth Properties gets loan reprieve - Buffalo News
General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders. The mortgages cover two ...

Chippewa band may mortgage tribal land - Milwaukee Journal Sentinel
The Lac du Flambeau tribe is considering mortgaging portions of its reservation to combat a severe cash crunch caused by several multimillion-dollar venture investments - including a bid to launch a casino boat in Natchez, Miss. The cash crisis is so ...

Mortgage giants’ misfortune works to the advantage of homeowners - Buffalo News
NEW YORK — Homeowners rushed to take advantage of last week’s drop in interest rates following the government’s takeover of Fannie Mae and Freddie Mac, but rates are rising again on investor fears over the eroding conditions in financial ...

Mortgage rates fall for 2nd day; won’t help all - Buffalo News
MIAMI — Mortgage rates fell for the second day in a row Wednesday, and could be heading toward levels home buyers and owners haven’t seen this year. That drop is what the Federal Reserve was aiming for when it announced a plan Tuesday to buy $600 ...

Business briefs - Chippewa Herald
Premium Waters, Inc. is one of the first bottled water companies to receive Safe Quality Food (SQF) Code 2000 Certification, and on Oct. 16, the Chippewa Falls production facility became the first private label water bottler plant in the U.S. to gain ...

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