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Councilwoman Naeole fined by the state Campaign Spending Commission - KPUA.netby HUNTER BISHOP - Puna Councilwoman Emily Naeole was fined $300 Wednesday by the state Campaign Spending Commission for five violations of failing to properly report donations to her campaign for the County Council in 2006. The Commission also ...
A tale of two car companies - SalonBy day, Giju John is an electrical engineer working for Intel. By night, he is king of the Hindi salsa. Or, if he happens to be visiting India, rather than Silicon Valley, vice versa. A Chinese and an Indian oil company are in a bidding war for ...
Canada's ferocious NAFTA growl - SalonDid Barack Obama flip-flop by endorsing a "limited amount of new offshore drilling" in a speech detailing his new energy plan delivered in Lansing, Mich., on Monday? To even ask the question in such a manner is to drastically oversimplify a complex ...

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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.
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