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Obama girls get to see their new White House rooms - Post-Bulletin
WASHINGTON -- Malia and Sasha Obama got a tour of their new White House digs from Jenna and Barbara Bush on Tuesday and checked out potential schools, capping a busy few days looking into their new life in the nation's capital. President George W ...

Tom Acitelli - New York Observer
Probably the biggest story in the Manhattan office market at the close of 2008 is sublease space. A lot of it's spilling onto the market, a stark indicator of what belted the office market, long the nation's healthiest, off its pedestal just a few ...

Business Digest - Providence Journal
Boston-based Fidelity Investments, one of the biggest employers in Rhode Island with more than 2,400 workers in Smithfield, confirmed yesterday that it will eliminate about 1,700 jobs in the first three months of next year, adding to previously ...

Results 1 - 100 of about 3025 for pn BANK DEFAULTER LIST . - Newstrack India
in the Forbes List of fifty top Asian companies. Ten Indian companies have made the list , which is dominated by China (13 companies). Australia and Taiwan follow India with seven and six firms respectively. The list also includes Hong Kong Cyprus ...

Results 1 - 100 of about 3013 for UCO BANK DEFAULTER LIST . - Newstrack India
in the Forbes List of fifty top Asian companies. Ten Indian companies have made the list , which is dominated by China (13 companies). Australia and Taiwan follow India with seven and six firms respectively. The list also includes Hong Kong Cyprus ...

Report: Many in Southwest Florida owe more than their home is worth - Naples Daily News
Updated 8:31 p.m., Thursday, November 13, 2008 In Lee County, 30.4 percent — or about a third of all homeowners — owe more on their mortgage than their home is worth, according to a quarterly report by Seattle-based Zillow.com. In Collier County ...

Russia-China $25bn Loan Talks set to Re-Open - Oilvoice.com
Russia is set to re-open talks with China within the coming week to secure $25 billion in loans, for two cash-strapped Russian energy companies, in exchange for guaranteed long-term crude oil supplies in the opposite direction. The initial round of ...

2008 (2665) - Dakota Voice
► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...

CapeCodToday Blog Chowder - Cape Cod Today
"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...

TSX losers and winners since the June peak - Globe and Mail
As the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. What is the worst-performing stock on the S&P/TSX ...

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Today's Mortgage Terms starting with C

  • Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
  • Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
  • Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
  • Collateral: Property pledged as security for a debt.
  • Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
  • Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
  • Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
  • Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
  • Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
  • Credit Bureau: It is a clearinghouse for credit history information.
  • Credit Report: A report containing a detailed credit history of an individual.

    View all Terms
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