Scott Mortgage Refinance and Information Online from competing Lenders
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The Credit Squeeze Hits Global Properties - BusinessWeekby Carol Matlack First came the U.S. housing bust. Now comes the overseas aftershock. As the global financial system reels from the credit crunch, skyscraper projects have stalled in London, Tokyo developers have gone belly-up, and Indian office ...
Stern Brothers sticks with municipal bonds - St. Louis Post-DispatchThe collapse of the auction-rate securities market earlier this year cast a pall over the municipal bond market that left some investors wondering about the future of that business. Not Stern Brothers & Co. of Clayton, which quietly continued to ...
Money and Monetary Policy - Chicago TribuneRSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page. Competition among banks for consumers' money has ...
Volusia County - Chicago TribuneDecember 1993: DeBary incorporates. November 1994: Tropical Storm Gordon dumps more than 8 inches of rain on the city, flooding several houses and washing out roads. The Glen Abbey subdivision, more than 25 years old in some areas, is among the worst ...
Should Congress bail out borrowers in trouble? - MSNBCIn this week's video Answer Desk, msnbc.com's John W. Schoen has some advice on how to avoid giving the government more of your money than you need to. Congress is talking about a variety of measures to help borrowers with adjustable mortgages who ...
A credit trap for consumers - Baltimore SunSusan Crandall thought she had stellar credit, until computers at one of the nation's powerful credit reporting agencies decided she had serious money troubles. Crandall lived 50 miles from a woman who had filed for bankruptcy. They had similar names ...
Henry Paulson's Priorities - Common DreamsBy Bush administration standards, Henry Paulson, the Treasury secretary, is a good guy. He isn't conspicuously incompetent; and he isn't trying to mislead us into war, justify torture or protect corrupt contractors. But Mr. Paulson's actions reflect ...
Luxottica Group and Oakley Complete Merger Becomes Effective ... - PR NewswireMILAN, Italy and FOOTHILL RANCH, Calif., Nov. 14 /PRNewswire/ -- Luxottica Group S.p.A. (NYSE: LUX) , a global leader in eyewear, and Oakley, Inc. (NYSE: OO) , a worldwide specialist in sport performance optics, announced today the completion of the ...
Stocks Pare Losses On S&P Report And Frank Housing Plan - CNBCStocks have pared some losses on a couple of potentially positive developments. First, Standard and Poor's has issued a report saying the "end of writedowns is now in sight " for big institutions. "The positive news is that, in our opinion, the ...
Latinos find help in workshops - RecordAcosta's work hours have been reduced at the tortilla factory, while her employer adjusts to reduced product demand. Also, her husband - a truck unloader - is working fewer days. In addition, their adjustable rate mortgage is scheduled to rise this ...

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Today's Mortgage Terms starting with F
Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.
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