Weston Mortgage Refinance and Information Online from competing Lenders

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She got the car, he got the bad credit score - Los Angeles Times
Dear Liz: In our divorce, my ex was awarded the car but was supposed to make the payments. She is always behind, and since my name is on the car loan my credit scores remain low. Is there any way to get my name off the loan? Answer: Typically no, at ...

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 ...

Armored vehicle maker's deal draws flak - Miami Herald
In war zones, armored buses called Rhino Runners protect soldiers and others from gunfire and bomb blasts. Former Secretary of Defense Donald Rumsfeld and Saddam Hussein are among the Rhino Runners' more recognizable passengers. The maker of the ...

Living Together While Keeping Money Unmarried - US News and World Report
Pasha Carroll and her boyfriend, Matthew Krise, follow a strict his/ her money system: The Chicago couple split rent and groceries down the middle and pay credit card debt separately. He pays for dinner when they eat out, and she cooks. As they ...

Local mall operator says it's at risk for default - Boston Globe
The mall operator whose portfolio includes such local shopping centers as Natick Collection (above), Faneuil Hall Marketplace , and Providence Place warned that it faces solvency trouble. Shares of General Growth Properties Inc. fell yesterday after ...

Thomson Financial News - Forbes
Shares in Dimension Data rise 5.9 percent after South African IT firm announces preliminary results. Investec Securities calls the results 'robust' and repeats its 'buy' recommendation and 51 pence target price. Investec analyst Gareth Evans says ...

RioCan Real Estate Investment Trust Announces Sale of a 37.5% Interest ... - Earthtimes
TORONTO, ONTARIO -- 10/23/08 -- RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) and Trinity Development Group Inc. ("Trinity") today announced that they have sold a 37.5% non-managing ownership interest in East Hills, phases I and III, a ...

Word of the Day - FoxBusiness.com
You're at a fruit market. But, instead of just being able to buy apples at this fruit market, you can also sell fruit. You're not a farmer, so you come to the market to buy some apples and you see two fruit stands. Fruit Stand A on the left is buying ...

Hospital bonds are latest credit casualty - Milwaukee Journal Sentinel
The Aurora Women's Pavilion at West Allis Memorial Hospital was built with money from a bond issue. Aurora Health Care negotiated a default rate on its bonds that is linked to an index that is low at the moment. The spreading contagion in the nation ...

The Death of Excessive Luxury - Motley Fool
For years, Americans have been mocked for their materialistic nature. A "gotta have it now" mentality has become the norm for consumers, and the middle class has literally disguised itself as part of the wealthy. At nearly every level of our society ...

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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