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Time Coming For Commercial Mortgage Market To Stand On Its Own - NASDAQTime Coming For Commercial Mortgage Market To Stand On Its OwnNASDAQ"TALF provided psychological support for the market," said Darrell Wheeler, head of commercial mortgages at Amherst Securities. "It served its purpose at ...and more »
Some homeowners facing the prospect of repeated foreclosures - Los Angeles TimesLos Angeles TimesSome homeowners facing the prospect of repeated foreclosuresLos Angeles TimesDuchemin was hit by an 18-wheeler truck in 1994 and has suffered severe seizures since then, although she had a device inserted in her chest to stem the ...and more »
Reviewing your new Oregon College Savings Plan - OregonLive.com (blog)OregonLive.com (blog)Reviewing your new Oregon College Savings PlanOregonLive.com (blog)The man who succeeded him as state treasurer, Ted Wheeler, has some skin in the game. Wheeler said he invested in OppenheimerFunds' age-based portfolio for ...and more »
Preliminary flood plain maps ready for review [Ruidoso News, N.M.] - Insurance News Net (press release)Preliminary flood plain maps ready for review [Ruidoso News, N.M.]Insurance News Net (press release)The day after the commission meeting, Department of Home-land Security and Emergency Management Secretary John W. Wheeler issued a statement pushing ...and more »
Program Will Pay Homeowners to Sell at a Loss - New York TimesProgram Will Pay Homeowners to Sell at a LossNew York Times“We want to streamline and standardize the short sale process to make it much easier on the borrower and much easier on the lender,” said Seth Wheeler, ...
One Year Later, HAMP Servicers Modify 170000 Mortgages - Housing WireOne Year Later, HAMP Servicers Modify 170000 MortgagesHousing WireSeth Wheeler, senior adviser to the Treasury when speaking at the American Securitization Forum (ASF) in Washington, DC, said the Treasury is adjusting its ...and more »
FHA: The Feds' Next Housing Debacle - ForbesForbesFHA: The Feds' Next Housing DebacleForbes... visit 105 South Wheeler Street in Plant City, Fla. Benchmark Lending, a mortgage brokerage headquartered in Suite 200 there, got flagged in 2008 by the ...and more »
New Program Wants To Help You Sell Your Home At A Loss - The Consumerist (blog)The Consumerist (blog)New Program Wants To Help You Sell Your Home At A LossThe Consumerist (blog)"We want to streamline and standardize the short sale process to make it much easier on the borrower and much easier on the lender," said Seth Wheeler, ...and more »
Obama Considers Foreclosure Ban - DSNews.comDSNews.comObama Considers Foreclosure BanDSNews.comEarlier this month at the American Securitization Forum's annual meeting, Seth Wheeler, a senior advisor at the Treasury Department, told mortgage bond ...and more »
What MetLife Got in Its Alico Deal - New York Times (blog)The HinduWhat MetLife Got in Its Alico DealNew York Times (blog)The AIG unit also has considerable exposure to real estate, with $5.3 billion worth of commercial mortgage-backed securities, 93 percent of which are tied ...AIG Agrees to Sell Alico to MetLife for $15.5 BillionBusinessWeekall 1,768 news articles »

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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.
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