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Davidson wins in rout despite Curry not scoring - FOX News
The nation's leading scorer was held without a point as Loyola, Md. employed a triangle-and-2 defense against Curry with both defenders on him. Despite Curry going scoreless, the game was never in doubt as 24th-ranked Davidson routed Loyola 78-48 on ...

Is Now A Good Time To Refinance Your Mortgage? - CBS 11 News
DALLAS (CBS 11 News) ― There has been a run on refinancing requests in the wake of Tuesday's sudden drop in interest rates. Loan officers say they have received a lot of requests from homeowners, looking to refinance. But before homeowners sign the ...

Strategy keeps Curry scoreless, but Davidson rolls - FOX News
DAVIDSON, N.C. — The scene was surreal: Davidson's Stephen Curry standing off to the corner with two defenders draped over him while his teammates were playing in a virtual 4-on-3 power-play, making one wide-open 3-pointer after another. The nation ...

Pilot's life is hijacked by early-onset Alzheimer's disease - Pittsburgh Post-Gazette
Alan Romatowski, 57, has been diagnosed with early-onset Alzheimer's disease. His home is set in a wooded area of Middlesex, Butler County. Alan Romatowski sits in the tasteful suburban living room of his older neighbors listening to Georgia Molloy ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Curry gets 0, Davidson routs Loyola (Md.) 78-48 - FOX News
In a bizarre game that saw the nation's leading scorer go scoreless and attempt only three shots because of constant double teams, the Wildcats still overwhelmed Loyola (Md.) 78-48 on Tuesday in the consolation round of the NIT Season Tip-Off. Curry ...

Teck cuts dividend, sells assets to pay down debt - Guardian Unlimited
TORONTO, Nov 20 (Reuters) - Teck Cominco will slash spending, sell assets, withdraw from the Petaquilla copper project in Panama and suspend dividend payments under a sweeping plan to cut debt generated by its acquisition of Fording Canadian Coal ...

California Home Sales Revive, But Not Without Intense Pain - Wall Street Journal
LOS BANOS, Calif. -- In this California city, one of the hardest hit in the national housing crash, there's good news: Homes are starting to sell again. Investors and first-time home buyers are snapping up foreclosed houses here, with the number of ...

Councilman opposes logging - Hawk Eye
It's a move that will earn the city of Burlington a profit and help to reinvigorate the ecology of Otter Island, according to a forestry expert hired by the city. However, not all members of the Burlington City Council are on board with a plan to ...

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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.

    View all Terms
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