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Fannie and Freddie get a loan, taxpayers get the debt - Newsday
The conventional wisdom on the multibillion-dollar federal government bailout of mortgage giants Fannie Mae and Freddie Mac is that they're just too big to let fail. The two companies own or guarantee about half of the country's $12 trillion in ...

You mess in our backyard ... - Arkansas Times
Most interesting news from Stephens Media , if you're into the newspaper business. CABOT - Stephens Media Group today announced the purchase of five Central Arkansas newspapers from Magie Enterprises Inc., a family-owned publishing company that has ...

Caught in the Crunch: It’s a buyer’s market - Plymouth Bulletin
While politicians and financial gurus twist and tweak master plans to rescue the economy, many of the explanations the experts offer fall far outside the experience and expertise of the average American. But some of the day-to-day implications of all ...

Today's Mortgage Terms starting with G

Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.

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