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News about Mortgages:
Much-admired city initiative saves 1400 homes from foreclosure - Philadelphia InquirerMuch-admired city initiative saves 1400 homes from foreclosurePhiladelphia InquirerD. Webster Keogh, a judge in Philadelphia's trial division, credited "relentless" outreach by public-interest groups. He cited a "change in the attitude and ...and more »
Mortgage "Green shoots" of the economy may be wilting... - Click LiverpoolMortgage "Green shoots" of the economy may be wilting...Click LiverpoolRichard Mason, mortgage expert at Moneyextra.com is predicting the Bank of England base rate will remain at ...and more »
Webster Financial Corporation Announces 2009 Second Quarter ... - SunHerald.com (press release)Webster Financial Corporation Announces 2009 Second Quarter ...SunHerald.com (press release)With $17.3 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 ...and more »
Group, hospital join to help cancer victims - Neosho Daily NewsGroup, hospital join to help cancer victimsNeosho Daily News... between staying in treatment and keeping the mortgage paid on their home, that is essentially what we do,” BCFO executive director Crystal Webster said. ...and more »
Webster Financial Corp.'s Share Jump 10 Percent - Hartford CourantWebster Financial Corp.'s Share Jump 10 PercentHartford CourantAnalysts said they were still concerned about losses tied to mortgage lending that have buffeted earnings in recent months.FBR Capital Upgrades Webster Financial (WBS) to Market PerformStreetInsider.com (subscription)all 7 news articles »
Second chances - San Jose Mercury NewsSecond chancesSan Jose Mercury NewsThe Golden Bridge Lofts on 13th Street between Webster and Harrison streets, also has slumped into a mortgage delinquency. Payments are in arrears on a $4.8 ...and more »
Webster Announces the Results of Exchange Offer; Convertible ... - PR Newswire (press release)Webster Announces the Results of Exchange Offer; Convertible ...PR Newswire (press release)With $17.3 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 ...Webster Financial Corp; Stock swap – Source PennyStockChaserTransWorldNews (press release)all 48 news articles »
A milestone for mortgage-foreclosure diversion program - Philadelphia InquirerA milestone for mortgage-foreclosure diversion programPhiladelphia InquirerAnd at an anniversary event yesterday, it was clear Common Pleas Court Administrative Judge D. Webster Keogh was impressed. Speaking to a crowded City Hall ...and more »
US HOT STOCKS: Hospitality Properties, Immunogen - Wall Street JournalUS HOT STOCKS: Hospitality Properties, ImmunogenWall Street JournalMortgage insurers dropped in trading Wednesday amid a generally down market for insurers that have a connection to the housing market. ...and more »
Carol Stark: It's not a handout, it's a hand up - Joplin GlobeCarol Stark: It's not a handout, it's a hand upJoplin GlobeLife doesn't stand still just because you've got the big C. Crystal Webster is the executive director of the Breast Cancer Foundation of the Ozarks. ...and more »

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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.
Buyers 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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