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Cedar Shopping Centers Issues Development Pipeline Status Report - ForbesPORT WASHINGTON, N.Y., Sept. 4 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE: CDR) today issued a development pipeline status report setting forth, among other things, on a per-project basis, amounts spent to-date, total project costs ...
U.S. Must Buy Assets to Prevent `Tsunami,' Gross Says (Update3) - BloombergSept. 4 (Bloomberg) -- The U.S. government needs to start using more of its money to support markets to stem a burgeoning ``financial tsunami,'' according to Bill Gross , manager of the world's biggest bond fund. Banks, securities firms and hedge ...
Giving Cash to Children - Washington PostResize Personally, I think as soon as possible. Even expectant mothers should discuss finances with their kids while they're in the womb. Hey, why not? We're told to play classical music during pregnancy. So why not turn on CNBC or the Fox business ...
Long-Term Care Providers Form Coalition for Capital Access - ForbesWASHINGTON, Sept. 3 /PRNewswire-USNewswire/ -- Long-term care facilities from across the country are forming the Coalition for Senior Healthcare Reform, an organization that seeks to improve the quality of healthcare for seniors by ensuring access to ...
Fitch Rates Washington Economic Development Finance Authority's ... - StreetInsider.comFitch assigns an 'A/F1' to the Washington Economic Development Finance Authority (Belina Interiors, Inc. Project) tax-exempt variable rate economic development revenue bonds consisting of: --$1,110,000 series 2003F; --$970,000 series 2003G; --$1,400 ...
U.S. mortgage applications rose last week - United Press InternationalWASHINGTON, Sept. 3 (UPI) -- The volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 7.5 percent, an industry group said. The Market Composite Index, which measures mortgage loan application volume, rose ...
Investment Sales - New York ObserverMacklowe Properties Chairman Billy Macklowe. Hot damn! The Real Deal is reporting that Deutsche Bank is suing Macklowe Properties "to foreclose on $482 million in principal loaned to develop the Drake Hotel site at Park Avenue and 56th Street ...
A collection of news and information related to Foreclosures published ... - Fort Lauderdale Sun-SentinelApartment construction is down sharply in the Orlando area this year, as are sales of local rental complexes, in a pullback that echoes the rapid decline in home building and home sales. Midway through the year, only a relative handful of major ...
More Business - San Francisco Gate02-12) 14:01 PST WASHINGTON (AP) -- Homeowners threatened with foreclosure would in some instances get a 30-day reprieve under an initiative the Bush administration announced Tuesday. Critics attacked the proposal as far short of what is needed ...
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 ...

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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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