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Game over? English football at bursting point - The Independent
Amid a frenzy of borrowing to pay the wages of international superstars– and build extravagant new stadiums – the most treasured clubs in the Premier League have been sold off to foreign investors. But as times get hard, English football could be ...

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 ...

The Good Ol' Days of Evil - FOX News
Halloween came and went and everyone saw lots of ghosts, goblins and funny looking creatures roaming the streets. We all knew most of them meant no harm — most evil things that can do real harm are a lot less obvious and much more deceptive. When I ...

Choosing a closing attorney - Boston Globe
In a recent conversation with a fellow exclusive buyer broker, I found that we had different ideas about what is best for our buyer-clients. We both have been working only with buyers for more than ten years. We both learned our trade from another ...

What are your colleagues saying today? - Atlanta Journal Constitution
Unless people sell now… they haven’t truly lost a penny. If I had extra money available, I’d be putting more money in - rather than taking my money out. The market will bounce back. People who stand firm for the long-term will get back ...

Pinnacle Entertainment Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good morning everyone and thank, welcome to our third quarter 2008 earnings conference call. Earlier this morning we released our third quarter and year-to-date 2008 financial results. If you do not have a copy of the announcement and would like one ...

Bids in foreclosure auction fall through - ksl.com
Not all people bought a home they could not afford...Some got into trouble by becoming very sick and losing pay and or jobs, others got caught in layoffs, others got caught in creative financing by the banks and others had their income decreased byt ...

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 ...

Bank financing chosen over bond for school - Northern Virginia Daily
FRONT ROYAL — The Warren County Board of Supervisors chose another way to fund renovations to the old Warren County High School. The board unanimously voted Tuesday to pursue bank financing instead of a bond from the Virginia Public Schools ...

Taxes to fall and then rise - bbc
On Monday, the chancellor will admit, by implication, that the government's industrial policy of the past decade has been something of a disaster. Actually to call it an industrial policy is a bit misleading - but what I mean is the Treasury's ...

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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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