Miami Mortgage Refinance and Information Online from competing Lenders

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Local businesses urged to get in on 2011 Super Bowl game - Fort Worth Star-Telegram
ARLINGTON — Breaking his way through a North Texas Super Bowl XLV banner, Arlington Convention & Visitors Bureau President Jay Burress told more than 400 Metroplex meeting planners that Arlington is excited to host the big game. Burress moderated a ...

Urban Forum - Daily Business Review
n the worst housing downturn since the Great Depression, the Housing and Economic Recovery Act of 2008 is being touted as a lifeline for as many as 400,000 borrowers nationally who face foreclosure of their homes. The bill is especially critical to ...

These Loans Were Made for Walking: The End of the Subprime Crisis - Common Dreams
We are nearing the end of the subprime crisis, but this is not exactly grounds for celebration. There are still millions of low- and moderate-income homeowners who are facing the loss of their house through foreclosure. Nothing currently on the ...

Foreclosures rising as share of sold homes in hard-hit cities, hurting ... - Eagle-Tribune
WASHINGTON (AP) — A growing share of home sales are from foreclosures, especially in states hardest hit by the housing bust. In some parts of California lately, nearly 50 percent of home sales come from foreclosed houses. The trend, which is ...

Home Prices, Confidence: My "Creeps" Come A Day Early - CNBC
I’m not surprised consumer confidence is down, given the fact that home prices are falling fast. I know a lot of you out there in the blog-o-sphere don’t like it when I talk about these monthly price, sales or foreclosure reports, but it’s the ...

Banks remain wary; some states blackballed - Traverse City Record-Eagle
WASHINGTON (AP) -- Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow -- even for those with good credit. Mortgage insurers, whose backing is required for borrowers who can't ...

Wes Welker's family recalls hard work, heartache - Daily Oklahoman
Born: May 1, 1981 Height: 5-9 Weight: 185 Years in the NFL: Four School: Texas Tech Welker in the NFL: Wes Welker was acquired by New England from the Miami Dolphins on March 5, 2007, in exchange for a second-round selection in the 2007 NFL Draft ...

INDUSTRY NEWS & PEOPLE July 2007 - Business Travel Executive
The Association of Corporate Travel Executives has named Jerome Drevon-Barreaux, global travel manager for Capgemini, as the new regional chair of ACTE Europe. A more than 10 year veteran of the business travel industry, Drevon-Barreaux directs a T&E ...

Seawall divides city - Corpus Christi Caller
George Gongora/Caller-Times State law creates a public easement of 200 feet along all beaches. By the mid-1990s, the beach (seen at high tide) had eroded so much that nearby hotels and condos were within the public easement. The state Legislature ...

INDUSTRY NEWS & PEOPLE March 2007 - Business Travel Executive
The NBTA Foundation has announced the retirement of four members from its Board of Trustees and the appointment of their successors. The four outgoing Board members are Fay Beauchine, Carlson Companies; Mathias Friess, Virgin Blue; Susan Jacobs, Visa ...

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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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