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Phelps 'had nothing left' before winning 7th gold - FOX News
NEW YORK — After winning his sixth gold medal of the Beijing Olympics, Michael Phelps feared he wouldn't be strong enough to win his seventh. But a mistake by rival Milorad Cavic allowed Phelps to pull out an improbable win in the 100-meter ...

Pharma, big biotech may avoid credit ills, report says - San Diego Union-Tribune
NEW YORK – The credit crunch could prove to be a boon for large pharmaceutical and biotechnology companies based on their limited exposure to the debt markets, according to two reports from analysts. Drug makers have stayed out of the “cheap debt ...

Pharma, big biotech may avoid credit ills-reports - Guardian Unlimited
NEW YORK, Oct 8 (Reuters) - The credit crunch could prove to be a boon for large pharmaceutical and biotechnology companies based on their limited exposure to the debt markets, according to two reports from analysts. Drug makers have stayed out of ...

Armstrong fears for his safety at Tour de France - FOX News
The seven-time Tour champion, who is making a comeback after three years in retirement, said in an interview in The Guardian on Tuesday that he is concerned about his safety. "I don't want to enter an unsafe situation but you see this stuff coming ...

Local News In Brief - North Platte Telegraph
Kendra E. Hock, 23, Gurley, Neb., died in a one-vehicle rollover accident Monday, according to the Frontier County Sheriff's Office. The accident occurred shortly after 6 p.m. Monday, three miles west and one-half mile south of Eustis. Hock was the ...

Foreclosures Come To McMansion Country - Common Dreams
LEESBURG, Virginia - Million-dollar fixer-upper for sale: five bedrooms, four baths, three-car garage, cavernous living room. Big holes above fireplace where flat-screen TV used to hang.The U.S. housing crisis has come to McMansion country. Just as ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Aaron Lucchetti, David Enrich and Susanne Craig send these dispatches from the New York sites of Lehman’s last hours. At the New York Fed’s ...

Suspect sought in shooting - Milwaukee Journal Sentinel
Nov. 7, 2008 | Milwaukee police continue to seek a shooter who left a 19-year-old man in critical condition during an altercation that might have been drug-related last night. Investigators said that the victim remains hospitalized after being shot ...

Woman to be sentenced for hiding corpse - Milwaukee Journal Sentinel
Nov. 16, 2008 | Mauston - A woman accused of helping her religious leader hide a decaying corpse on her toilet for weeks is set to enter a plea and be sentenced Monday. Prosecutors have accused 36-year-old Tammy Lewis and 58-year-old Alan Bushey of ...

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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.

    View all Terms
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