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Dollar down for ninth session - The AustralianLIVENEWS.com.auDollar down for ninth sessionThe Australian, Australia - Oct 5, 2008Bank of New Zealand currency strategist Danica Hampton said the dollar was sold off as the US employment data weighed on risk appetite. ...Dollar falls to two-year low Melbourne Herald SunAussie dollar falls below 76 US cents Sydney Morning Heraldall 218 news articles
Experts Say US Economy "Between Iraq and a Hard Place" - The Spoof (satire)Experts Say US Economy "Between Iraq and a Hard Place"The Spoof (satire), UK - 14 hours agoHarvard Professor of Political Science, Barney Hampton, remarked, "The 'Mental Recession' is right between John McCain's ears, and those of many of his ...
Alabama son Peavy pitch for Braves? It's possible - Atlanta Journal ConstitutionAlabama son Peavy pitch for Braves? It's possibleAtlanta Journal Constitution, USA - 3 hours agoWhile they don’t want to mortgage the future by trading away top prospects such as Jason Heyward, Freddie Freeman, Jordan Schafer and Hanson, ...
Crime Line honors top cops for saving lives, catching criminals - Daily PressCrime Line honors top cops for saving lives, catching criminalsDaily Press, VA - Oct 4, 2008By MATTHEW STURDEVANT | 247-7874 HAMPTON - — Hampton Police Cpl. Scott Anderson saved two lives while on duty — he gave CPR to a man who was having medical ...
Wachovia spurns Citi for bigger deal - Daily PressWachovia spurns Citi for bigger dealDaily Press, VA - Oct 4, 2008By Chris Flores | 757-247-4738 Wachovia's abrupt change of mind on a merger partner means that now Wells Fargo likely will be the biggest bank in Hampton ...
Citigroup now No.1 in Hampton Roads - Daily PressCitigroup now No.1 in Hampton RoadsDaily Press, VA - Sep 30, 2008The credit unions, not-for-profit financial institutions controlled by their members, have largely avoided the mortgage and other problems plaguing Wall ...Video: Citi aqcuires Wachovia banking ops ReutersVideoall 2,462 news articles
Halifax to raise rates across its range of mortgages by up to 0.49 ... - Times OnlineTimes OnlineHalifax to raise rates across its range of mortgages by up to 0.49 ...Times Online, UK - Sep 26, 2008Jonathan Cornell, of Hampton’s International, the broker, said: “In the next few days even lenders who do not need to raise rates may follow suit because ...
Polls predict Obama will turn NH blue - Nashua TelegraphPolls predict Obama will turn NH blueNashua Telegraph, NH - Oct 4, 2008New Hampton Rep. Fran Wendleboe announced recently that she's in the hunt to become the top Republican, as well, and her resume includes serving as a deputy ...
What about our banks - Daily PressWhat about our banksDaily Press, VA - Sep 28, 2008... with $2.5 billion in deposits in Hampton Roads, to stop lending to businesses here because it is dealing with losses on mortgage securities that have ...
On the move - Daily PressOn the moveDaily Press, VA - Oct 1, 2008... broker at the Hampton RE/MAX Select office. TowneBank Commercial Mortgage, a subsidiary of TowneBank, has promoted Allen Crumpler to commercial mortgage ...

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Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional refinance mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
View all Terms |