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My professional relationship with Lincoln S&L - OpEdNewsMy professional relationship with Lincoln S&LOpEdNews, PA - 19 hours agoI also wanted nothing whatsoever to do with mortgage brokers. No appraiser can provide an honest report to a mortgage broker, whose only interest was in the ...
New Obama ad links McCain to 80s S&L scandal - AZ Central.comNew Obama ad links McCain to 80s S&L scandalAZ Central.com, AZ - 18 hours agoFive years later, his fraud-riddled Lincoln Savings was seized by federal regulators. Its failure cost taxpayers between $2 billion and $3.4 billion. ...
The collapse of Keating's kingdom - Chicago TribuneThe collapse of Keating's kingdomChicago Tribune, United States - 15 hours agoIn 1985, Lincoln made only 11 mortgage loans, four of them to its own employees. The rest of the federally insured deposits went into junk bonds, raw land, ...
Five Lincoln Businesses Burglarized - KOLNFive Lincoln Businesses BurglarizedKOLN, NE - Oct 6, 2008As he was investigating he found two other businesses in the same complex, Primary Residential Mortgage and Central Office Equipment, also had broken front ...
NZ banks crack down on mortgage lending - 3 News NZ3 News NZNZ banks crack down on mortgage lending3 News NZ, New Zealand - Oct 5, 2008... who until recently would have been approved, now being rejected. To discuss this further, Chris Eves, Property Studies Professor, Lincoln University.Banks get tougher on home buyers NZ Herald Auckland Metroall 2 news articles
Brand Expert Scores Obama v. McCain 7 Ways - Huffington PostGhana Broadcasting CorporationBrand Expert Scores Obama v. McCain 7 WaysHuffington Post, NY - Oct 5, 2008Lincoln S&L was based in the same Orange County, California, that gave us New Century Financial and Countrywide, the two leading mortgage brokers whose ...Video: AP Campaign Minute AssociatedPressRivals intensify jabs before 2nd matchup Denver Postall 4,782 news articles
New Zealand banks 'rationing' lending for property buyers - Property WireProperty WireNew Zealand banks 'rationing' lending for property buyersProperty Wire, UK - Oct 6, 2008It is no longer standard to get a home loan approved in a few days,' said Chris Eves, a property studies professor at Lincoln University, Christchurch. ...
Rescue bill won't curb Sacramento foreclosures, experts say - Sacramento BeeRescue bill won't curb Sacramento foreclosures, experts saySacramento Bee, USA - Oct 4, 2008Such pronouncements leave borrowers such as Ianthia Turner of Lincoln, who owes $75000 more than her home is worth, anxious. Turner, who teaches at a beauty ...
Regulator takes heat over IndyMac Bank failure - Los Angeles TimesRegulator takes heat over IndyMac Bank failureLos Angeles Times, CA - Oct 6, 2008Darrel W. Dochow was the head of supervision and regulation at the Federal Home Loan Bank Board in Washington when Lincoln Savings & Loan of Irvine failed ...
Conservatives Seek To Shift Blame For Crisis Onto Minority Housing Law - Huffington PostConservatives Seek To Shift Blame For Crisis Onto Minority Housing LawHuffington Post, NY - Oct 1, 2008DiLorenzo is most famous as a defender of the Confederacy and for his anti-Abraham Lincoln books, including The Real Lincoln: A New Look at Abraham Lincoln, ...

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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.
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