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Reverse Mortgages Help Seniors Enjoy Golden Years - KHBS/KHOG 40/29Reverse Mortgages Help Seniors Enjoy Golden YearsKHBS/KHOG 40/29, AR - 16 hours agoTeri Bleich of Pulaski Mortgage Company said reverse mortgages are ideal for some senior citizens, who are are at least 62 years of age and are having ...
The Economic Crunch: Lowered interest rates spur refinancing here - Memphis Commercial AppealThe Economic Crunch: Lowered interest rates spur refinancing hereMemphis Commercial Appeal, TN - Dec 22, 2008"It's been great," added Herb Hyman, regional manager at Pulaski Mortgage. "Our October and September were about average. But when you consider half our ...
Regional News, 01/06 - WTVWRegional News, 01/06WTVW, IN - Jan 6, 2009They were taken to the Pulaski County Division of Family and Children. Indiana state nursing homes have received low ratings. They are among the ten worst ...
First Banks takes federal bailout money - St. Louis Post-DispatchFirst Banks takes federal bailout moneySt. Louis Post-Dispatch, United States - Jan 5, 2009In addition, the president of First Bank Mortgage was charged with covering up for 21 years a multimillion-dollar loss suffered in the 1987 stock market ...
Housing Numbers Are Worse Than Expected - Today's THVHousing Numbers Are Worse Than ExpectedToday's THV, AR - Dec 31, 2008They dropped 12-percent in Pulaski County and 2-percent in Faulkner. Sales are even worse; in Saline County they dropped nearly 22--percent. ...
Federal Reserve Cuts Interest Rates To Near Zero - MyFox Saint LouisFederal Reserve Cuts Interest Rates To Near ZeroMyFox Saint Louis, MO - Dec 16, 2008In fact most folks are at Pulaski Bank Mortgage. Emily's "refi" is one of hundreds here. The Fed's action drops mortgage rates to as low as five percent ...
Nashville-area economy expected to face continuing trouble next year - The TennesseanNashville-area economy expected to face continuing trouble next yearThe Tennessean, TN - Dec 28, 2008Gregory Brown, an economist with Martin Methodist College in Pulaski, Tenn., said he expects the recession to bottom out around midyear if President-elect ...
IBERIABANK Corporation to Announce Fourth Quarter Results - FOXBusinessIBERIABANK Corporation to Announce Fourth Quarter ResultsFOXBusiness - Dec 29, 2008... the parent holding company of IBERIABANK (http://www.iberiabank.com) and Pulaski Bank and Trust Company (http://www.pulaskibank.com), announced today ...
Top 10 Stories of the Year No. 3 Development slows : Real estate ... - Northwest Arkansas TimesNorthwest Arkansas TimesTop 10 Stories of the Year No. 3 Development slows : Real estate ...Northwest Arkansas Times, AR - Dec 31, 2008Pulaski Bank & Trust Co. assumed more than $212 million of the failed bank's insured, nonbrokered deposits and will purchased about $235 million of assets. ...
Mourning in America - Capitol Hill BlueMourning in AmericaCapitol Hill Blue, VA - Dec 15, 2008The government, business and most consumers live on credit they can't afford and mortgage the future on a reckless gamble that the future will bring ...
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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