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Reports say Browns QB Brady Quinn out for season - FOX NewsCLEVELAND — Browns quarterback Brady Quinn will miss the remainder of Cleveland's season with a broken right index finger he made worse by playing on Sunday, according to several reports. Citing unnamed sources, FOXsports.com and the Cleveland ...
Unraveling Browns count on QB Quinn for spark - FOX NewsORCHARD PARK, N.Y. — Brady Quinn is quickly forgetting the worries he had this offseason of whether he had a future in Cleveland. The present is what matters now. The second-year quarterback and former star at Notre Dame is being called upon to ...
Homebuilder, REIT shares tumble as recession spreads - Reuters UKNEW YORK (Reuters) - The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential. The benchmark ...
Hypo Real Says Bailout to Weigh on 2008, 2009 Results (Update4) - BloombergNov. 17 (Bloomberg) -- Hypo Real Estate Holding AG , the German property lender bailed out last month, expects the costs for its government-led rescue and restructuring to weigh on earnings in 2008 and 2009. ``We are predicting an extremely negative ...
Maid-Turned-Realtor Ran Vegas Mortgage Scam, Prosecutors Say - BloombergOct. 30 (Bloomberg) -- Eve Mazzarella was a Las Vegas success story. The high-school dropout and former housemaid moved to the Nevada city in 2000 from Seattle, got a certificate from the ABC Real Estate School and started selling houses in what ...
Fed plan reins in dicey mortgage policies - USA TodayWASHINGTON — The Federal Reserve, criticized for standing aside as risky subprime mortgage lending soared then crashed, did an about-face Tuesday by proposing sweeping new consumer protections. The Fed proposals would cover tens of thousands of ...
Remember 2004? It ain’t over. - Atlanta Journal ConstitutionGo vote. As the polls were closing on election day four years ago, I sat with a group of George W. Bush campaign officials and supporters listening to reports of exit polls delivering the bad news. Bush was defeated. John Kerry had won the presidency ...
Wachovia Corp. Q3 2008 Earnings Call Transcript - Seekingalpha.comThank you for calling in to Wachovia’s third quarter 2008 pre-recorded earnings review call. This is Alice Lehman, Director of Investor Relations. Before you listen to the rest of this call, you may want to go to our website at wachovia.com ...
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