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Sanjay Gupta's and Obama's Message, "Health Care is Unfair" - AlaskaReportAlaskaReportSanjay Gupta's and Obama's Message, "Health Care is Unfair"AlaskaReport, AK - 7 hours agoBad health will be redefined, like the mortgage crisis, as the victim's fault. Only stupid people get sick. Back to the Youtube tape of the Moore and Gupta ...
Cuban Tells Why He Is No Longer in Cubs’ Lineup - New York TimesBleacher ReportCuban Tells Why He Is No Longer in Cubs’ LineupNew York Times, United States - Jan 7, 2009It’s highly possible that Cuban’s frustrations are the same as everyone else’s. The credit crunch, which doesn’t make raising $1 billion easy, ...MLB Club Sales The Biz of Baseballall 93 news articles
SOS -- 'Save Our Stocks' - Wall Street JournalSOS -- 'Save Our Stocks'Wall Street Journal - Jan 1, 20099 The Dow industrials sink into correction territory as worries about bad mortgage bets and weak consumer spending intensify. They fall 238.42, or 1.9%, ...
House prices ... Toyota: Tempus at lunchtime - Times OnlineHouse prices ... Toyota: Tempus at lunchtimeTimes Online, UK - Jan 6, 2009Even for first-time buyers hoping to take advantage, it is grim, for as long as house prices are falling, mortgage lenders are not going to offer ...
Year-End Timeline - 3rd Quarter - Wall Street JournalYear-End Timeline - 3rd QuarterWall Street Journal - Jan 1, 20099 Fed Chairman Ben Bernanke outlines a series of sweeping measures designed to shore up mortgage lending and help markets operate more smoothly. ...
Martial Law, the Financial Bailout, and War - Center for Research on GlobalizationCenter for Research on GlobalizationMartial Law, the Financial Bailout, and WarCenter for Research on Globalization, Canada - 21 hours agoIn December 1960 the CIA secured approval for the Bay of Pigs invasion of Cuba , and escalated events in Laos into a crisis for which the Joint Chiefs ...
California’s Great Olive Oil Flood - The Santa Barbara IndependentCalifornia’s Great Olive Oil FloodThe Santa Barbara Independent, CA - Jan 8, 2009But in the humid colonies of Florida, Cuba, the West Indies, and mainland Mexico, olive orchards failed. Only when the Spanish padres trudged into Baja ...
UI law center presents a sort of ‘Global Financial Crisis for Dummies’ - Iowa City Press CitizenUI law center presents a sort of ‘Global Financial Crisis for Dummies’Iowa City Press Citizen, IA - Jan 5, 2009Following that comes a 2006 notation that lenders made $640 billion in subprime loans that year, and that 20 percent of all mortgage lending was to subprime ...
Obama Faces Changing Global Governance - Jakarta GlobeObama Faces Changing Global GovernanceJakarta Globe, Indonesia - 16 hours agoAnd Russia has recently been also actively courting the countries at the backyard of the United States, such as Venezuela and Cuba. ...
Turkish parliament cuts spending (AP) and Cuba growth slows to 4.3 ... - Financial News USA (press release)Turkish parliament cuts spending (AP) and Cuba growth slows to 4.3 ...Financial News USA (press release), CA - Dec 29, 2008Q: How did the subprime mortgage crisis lead to the credit crunch, the financial bailouts and the snowballing problems we're seeing across the country? ...
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