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Ramsey County / Son, 51, charged in elder fraud - Pioneer PressRamsey County / Son, 51, charged in elder fraudPioneer Press, MN - 1 hour agoShe had given her son, Larry Bekis, power of attorney earlier that year to pay her bills and manage her Lauderdale home. For the first several months, ...Man charged with swindling 83-year-old mom Minneapolis Star Tribuneall 7 news articles
Tampa Bay Trashy: A scandal tour for Tampa Super Bowl visitors - Tampabay.comTampa Bay Trashy: A scandal tour for Tampa Super Bowl visitorsTampabay.com, FL - 15 hours agoUnfortunately, he's known outside the game as the guy accused in the mid-1980s of using the Tampa office of a Fort Lauderdale mortgage company as the hub of ...
Understanding short sales - Orlando SentinelUnderstanding short salesOrlando Sentinel, FL - Jan 7, 2009According to foreclosureuniversity.com, "a short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or ...
Jamaican gets eight years for US mortgage-fraud scheme - Jamaica GleanerJamaican gets eight years for US mortgage-fraud schemeJamaica Gleaner, Jamaica - Jan 2, 2009Citing the steep cost of mortgage fraud on South Florida, a Fort Lauderdale federal judge sentenced a Jamaican man to eight years in prison this week for ...
Stockguru.com: Stocks to Watch for January 8, 2009 - TOOT, FDOG ... - Trading Markets (press release)Stockguru.com: Stocks to Watch for January 8, 2009 - TOOT, FDOG ...Trading Markets (press release), CA - 22 hours agoThe restaurant is located in the Ft. Lauderdale area and the phone number is (954) 975-6226. The restaurant was opened by Area Developer Robert Conte who ...
CL Financial director spends $3.075 in Fort Lauderdale - BlockshopperBlockshopperCL Financial director spends $3.075 in Fort LauderdaleBlockshopper, IL - Jan 3, 2009... bought a 6430-square-foot home at 1 Harborage Isle Dr. in Fort Lauderdale's Harbor Beach from Southtrust Mortgage Corp. for $3.075 million on Oct. 2. ...
Man gets eight years in Broward mortgage fraud scheme - MiamiHerald.comMan gets eight years in Broward mortgage fraud schemeMiamiHerald.com, FL - Dec 31, 2008Antony Dehaney, 56, of Lauderhill and Coral Springs, was sentenced Tuesday morning at the federal courthouse in Fort Lauderdale. He will serve time and pay ...Jamaican sentenced to prison in the US radiojamaica.comMortgage fraud cases in South Florida might bring stiffer sentences Sun-Sentinel.comall 9 news articles
Little House on PIMCO’s Prairie - Seeking AlphaLittle House on PIMCO’s PrairieSeeking Alpha, NY - Jan 5, 2009Don’t forget how Sherri Winston, an educated Ft. Lauderdale Sun-Sentinel columnist, got seduced by cash-out refinancing. The Journal leads us to feel bad ...
Recruiters at ground zero in war for work - Tampabay.comRecruiters at ground zero in war for workTampabay.com, FL - 23 hours agoGalvao, a senior recruiter for Manpower Professional in Fort Lauderdale, specializes in placing people in finance/accounting and information technology ...
Apartment Landlords Find What Goes Up, Does Come Down - Wall Street JournalApartment Landlords Find What Goes Up, Does Come DownWall Street Journal - Jan 6, 2009In Fort Lauderdale, Fla., for example, rents during the third quarter averaged $1125, according to CBRE Torto Wheaton. With 20% down on a $134000 home ...
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