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State General Assembly to tackle foreclosures - Lafayette Journal and CourierFor-sale signs. Plummeting values. Sheriff's auctions. Abandoned homes. With the consequences of home foreclosures rippling across Indiana, state lawmakers will begin hearings this week in hopes of finding a way to ease the pain of Hoosiers ...
General Assembly to tackle foreclosure problem - Star-PressWith the consequences of home foreclosures rippling across Indiana, state lawmakers will begin hearings this week in hopes of finding a way to ease the pain of Hoosiers struggling to hold on to their homes. Their options include extending the time ...
Indiana General Assembly to tackle foreclosures - Indianapolis StarFor-sale signs. Plummeting values. Sheriff's auctions. Abandoned homes. With the consequences of home foreclosures rippling across Indiana, state lawmakers will begin hearings this week in hopes of finding a way to ease the pain of Hoosiers ...
Credit crunch: the big picture - Toronto StarAll week, you've been hearing about subprime this, and asset-backed that, and commercial paper whatever. Here's the big picture: the stock market has been going strong for years. This pullback is a natural and expected result – some say it was ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Call InBev’s board proposal self-serving? Check. Play up experience, independence and sophistication of existing A-B board? Check. Make ...
CapeCodToday Blog Chowder - Cape Cod TodayWelcome to CapeCodToday's Blog Chowder! This page aggregates the most recent postings from all the CapeCodToday bloggers for your convenience. Bookmark this page or see below left for RSS options. I remember the OJ trial. There was a lot of evidence ...
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.
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