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Amgen, J.M. Smucker, Ligand: U.S. Equity Movers (Correct) - Bloomberg
Nov. 21 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 1:20 p.m. in New York. Metal producers advanced as gold headed for the biggest weekly gain ...

Gen-Probe, KeyCorp, Microsoft, Sprint, TiVo: U.S. Equity Movers - Bloomberg
Nov. 21 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 11:50 a.m. in New York. Metal producers advanced as gold headed for the biggest weekly gain ...

Latest Pictures - Newstrack India
robbed a bank on gunpoint and fled with cash amounting to Rs 2.4 million in Samaypur.... The incident took place at the State Bank of Bikaner and Jaipur branch... with the cash to the tune of Rs 2.4 million after locking 15 of the bank employees ...

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 ...

Intrawest clinches debt refinancing - Globe and Mail
VANCOUVER — Intrawest ULC, owner of 2010 Vancouver Olympics venue Whistler-Blackcomb, has refinanced $1.7-billion (U.S.) of debt, clinching the deal just hours before Thursday's deadline. The company, which made the announcement Thursday afternoon ...

West Pharma’s 3Q income up 9% - Philadelphia Inquirer
West Pharmaceutical Services Inc., a Lionville manufacturer of drug delivery systems, reported third-quarter net income of $13.3 million, up from $12.2 million a year ago, and slightly reduced its full-year earnings outlook. West's revenue was up 5.6 ...

BUSINESS BRIEFS - New York Post
AIG has used $90.3 billion of a US government credit line since it was bailed out last month, an amount that exceeds the size of the original loan meant to save the insurer. AIG may need more than the $122.8 bil lion now available to the insurer, CEO ...

The Round-Up: Tuesday - New York Observer
The NYPD is relying on video surveillance more and more these days but it’s unclear how it’s affecting crime, if at all. [NY Times] Bloomberg and the city’s largest municipal union reach a deal on a two-year contract that includes a 4 percent ...

White House Takes On....Washington Times?!? - Mediabistro.com
Receive mediabistro.com's Daily FishbowlDC Feed via email Click here to receive mediabistro.com's Daily Media Newsfeed via email. "I do think that the quality which makes a man want to write and be read is essentially a desire for self-exposure and ...

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Today's Mortgage Terms starting with F

  • Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
  • Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.
  • Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.
  • FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.
  • First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.
  • Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.
  • Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.

    View all Terms
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