Ashley Mortgage Refinance and Information Online from competing Lenders

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Financial News
Fannie Mae sees major management shake-up - Globe and Mail
WASHINGTON — Mortgage-finance company Fannie Mae Wednesday announced a management shake-up in an effort to come to grips with mounting credit losses and a shrinking capital base. The company's chief financial officer, Stephen Swad, was replaced ...

Overwhelming Consumer Response to Lend America's Primetime Showing of ... - PR Newswire
GLAAF (Groupement des Luthiers et Archetiers d'Art de France)et l'ALDFI. (Assiciation de Luthiers pour le Développement de la Facture Instrumentale).

Chat transcript with Roy Komack - Boston Globe
Roy Komack founded and serves as president of the Family Financial Architects, Inc in Natick. He received his MBA from Boston University and is a Life Member of the American Association of Individual Investors and NAPFA-Registered Financial Advisor ...

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Crossett Fountain Hill Hamburg Montrose Parkdale Portland Wilmot

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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