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News about Mortgages:
Fourth bank begins foreclosure against Hamilton - Rapid City JournalFourth bank begins foreclosure against HamiltonRapid City Journal, SD - Jan 5, 2009... Dacotah Bank has a lien against one of the Tower Ridge properties for a 2006 mortgage. Other properties are Valley High Apartments in Custer, ...4th bank forecloses on Rapid City businessman Jamestown Sunall 22 news articles
Local dealers relieved to see auto bailout - Delphos HeraldLocal dealers relieved to see auto bailoutDelphos Herald, OH - Dec 22, 2008Raabe Ford, Lincoln, Mercury General Manager Randy Custer stresses Ford is in better shape than General Motors and Chrysler, asking for a line of credit ...
Does your favorite restaurant pass muster? - Milwaukee Journal SentinelDoes your favorite restaurant pass muster?Milwaukee Journal Sentinel, WI - Dec 18, 2008Rodent droppings were found in the food storage room at Marquette High School and in the food storage room and dining room at Custer High School. ...
Real estate transactions - Chronicle-TribuneReal estate transactionsChronicle-Tribune, IN - Jan 3, 2009... Dorothy H. Custer; Sunnycrest Sec. 2 Add., Lot 297. Michelle Wyatt to Malissa L. Pierson; Empire Add., Block 7, Lot 34. Federal Home Loan Mortgage ...
Year of change, precedents reviewed - Blairsville DispatchYear of change, precedents reviewedBlairsville Dispatch, USA - Jan 1, 2009Seward Council elects Brian Custer and David Croyle, respectively, as its president and vice president...Dennis Buggey, a mainstay on the Homer-Center ...
Area residents named to boards, receive honors, promotions - Bellingham HeraldArea residents named to boards, receive honors, promotionsBellingham Herald, WA - Dec 24, 2008... at Whitworth University in Spokane, he is a 2004 graduate of Ferndale High School and the son of Courtney A. Morrison and Jeanne M. Lacasse of Custer. ...
Risch, Minnick sworn in to 111th Congress - IdahoStatesman.comRisch, Minnick sworn in to 111th CongressIdahoStatesman.com, ID - Jan 7, 2009Minnick landed a seat on the Financial Services Committee, which handles legislation involving banking, investment and mortgage institutions - a critical ...
2008 Duneland Year in Review: The ups then downs of a troubled year - Chesterton Tribune2008 Duneland Year in Review: The ups then downs of a troubled yearChesterton Tribune, United States - Dec 31, 2008In a non-partisan race Janice Custer is re-elected to the Duneland School Board. US Rep. Pete Visclosky, D-1st, and US Rep. Joe Donnelly, D-2nd, ...

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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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