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Advice to help save your home - Chicago TribuneAdvice to help save your homeChicago Tribune, United States - Aug 22, 2008Of 229 clients who sought counseling at the center since early 2007, only six have been foreclosed upon, said Judy Graves, a housing counselor at the DuPage ...
July Illinois Home Sales Down 5.76 Percent from June - Earthtimes (press release)July Illinois Home Sales Down 5.76 Percent from JuneEarthtimes (press release), UK - Aug 25, 2008"Median price increases were recorded in 38 of 100 Illinois counties reporting in July including DuPage , up 4.9 percent; Grundy , up 6.0 percent; ...
People on the move - Oak Brook Business LedgerPeople on the moveOak Brook Business Ledger, IL - Aug 25, 2008Naperville attorney Fred Spitzzeri has been named chairman of the DuPage County Bar Association’s Judiciary Committee. Deborah Houtz has been named an ...
Property tax deadline fast approaching - Bolingbrook SunProperty tax deadline fast approachingBolingbrook Sun, IL - Aug 22, 2008They might be able to talk to their banker or mortgage company." Interest rates on unpaid taxes will rise Nov. 5 in Will County and Nov. 24 in DuPage County ...
Cleared for takeoff - Chicago Sun-TimesAlbany Times UnionCleared for takeoffChicago Sun-Times, United States - Aug 8, 2008A DuPage County judge Thursday ruled to lift a public health injunction blocking Chicago from demolishing hundreds of homes and businesses in Bensenville to ...Affordable Housing “Advocates” Betray Bensenville’s Working Families Chicago Daily Observerall 200 news articles
BUYINS.NET: FRP, RDN, FSBK, ITWO, OSBC, SNCR Have Been Added To ... - Trading Markets (press release)BUYINS.NET: FRP, RDN, FSBK, ITWO, OSBC, SNCR Have Been Added To ...Trading Markets (press release), CA - Aug 21, 2008As of December 31, 2007, the company operated 29 banking locations and 1 commercial loan production office in Kane, Kendall, DeKalb, DuPage, LaSalle, ...
Woman indicted in fraud case - Plainfield SunWoman indicted in fraud casePlainfield Sun, IL - Jul 25, 2008... A DuPage County grand jury returned a seven count indictment of fraud and forgery charges against a young woman for her business practices as a mortgage ...State shuts loan firm for alleged fraud Chicago Tribuneall 2 news articles
Get back to basics on homeownership - Chicago Daily HeraldGet back to basics on homeownershipChicago Daily Herald, IL - Jul 28, 2008The suburbs have been hit hard by this mortgage crisis. June foreclosure filings - including default notices, auction sale notices and bank repossessions ...
Challenges to DuPage economy not readily apparent, group says - Oak Brook Business LedgerChallenges to DuPage economy not readily apparent, group saysOak Brook Business Ledger, IL - Jul 22, 2008“We are losing jobs in the financial services sector because of the effects of the sub-prime mortgage crisis,” he said. “All of these forces are cascading ...
Village residents invited to Homeowner Outreach Day - Joliet Herald NewsVillage residents invited to Homeowner Outreach DayJoliet Herald News, IL - Aug 16, 2008... DuPage Township -- (Housing Counseling); Illinois Association Mortgage Professionals -- (Counseling); Mortgage Specialists of Illinois. ...

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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.
View all Terms |