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The Buzz On Business - Modesto BeeThe Buzz On BusinessModesto BeeThe former CEO of Humboldt Creamery says he's not guilty of fraud in connection with financial problems that bankrupted the former farmer cooperative. ...and more »
Reprieve for family with foster kids - OCRegisterReprieve for family with foster kidsOCRegisterAt one point last year, the house at 16442 Barnstable Circle on Humboldt Island was listed at $1990000, but Realtor Todd Schiedow said the lender's ...
THE SECOND HALF: Factors to consider in 'aging well' - Times-StandardTHE SECOND HALF: Factors to consider in 'aging well'Times-StandardBetween College of the Redwoods and Humboldt State University, an education is yours for the taking! And just why are you packing around those extra 20 ...

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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.
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