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Forced sales increase as owners fail on payments - Stuff.co.nzForced sales increase as owners fail on paymentsStuff.co.nz, New Zealand - Sep 5, 2008Most people don't realise the effect the mortgage crisis in the US has had on the world and even Hamilton. Mortgage providers are frightened and have had to ...
Carrie Petty: Adequate housing makes communities better - Indianapolis StarCarrie Petty: Adequate housing makes communities betterIndianapolis Star, United States - 1 hour agoHabitat for Humanity of Hamilton County's mission is to build safe, decent, affordable housing for all of God's people in need. We are an international, ...
Foreclosures still rising - Cincinnati.comForeclosures still risingCincinnati.com, OH - Sep 5, 2008Foreclosures spiked 28 percent in Hamilton, Butler, Clermont and Warren counties during the quarter, with 3138 new filings compared to 2453 during the same ...
Government-backed mortgages soon to face stricter rules - London Free PressGovernment-backed mortgages soon to face stricter rulesLondon Free Press, Canada - Sep 5, 2008Today's column is a reminder, which came to me through Strategic Mortgages based in Hamilton and Toronto, that next month the federal government is ...Feds take housing market precautions Business Edgeall 2 news articles
It pays to be a home owner in Southland - Stuff.co.nzIt pays to be a home owner in SouthlandStuff.co.nz, New Zealand - 11 hours agoWith housing the most affordable in the country, typical Southland homeowners have the highest disposable income to play with each week after the mortgage ...
Two charged with fraud in auction-rate case - Los Angeles TimesTwo charged with fraud in auction-rate caseLos Angeles Times, CA - Sep 3, 2008By Walter Hamilton, Los Angeles Times Staff Writer NEW YORK -- Two former Wall Street brokers fraudulently sold more than $1 billion of mortgage-backed ...
Job losses adding to ministry, agency woes, officials say - Daily CitizenJob losses adding to ministry, agency woes, officials sayDaily Citizen, GA - 4 hours ago“We’re having a lot of requests for mortgage assistance, but that’s almost impossible for us to do. Most mortgage companies want a full payment, ...
Home and Garden Calendar - Indianapolis StarHome and Garden CalendarIndianapolis Star, United States - Sep 5, 2008Mum sale: 2 to 6 pm Hamilton County 4-H Fairgrounds, 2003 E. Pleasant St., Noblesville. Locally grown 8-inch pot mums in a variety of colors. $9 each. ...
Bradford & Bingley posts loss of £26.7m - The HeraldRTE.ieBradford & Bingley posts loss of £26.7mThe Herald, UK - Aug 29, 2008The bank said an £18m provision was needed to cover the extent of mortgage fraud, which pushed up the lender's credit impairment charges for the six months ...Bradford & Bingley Chief Says Buy-to-Let Not Threat (Update2) Bloombergall 330 news articles
Semi-retirement is no life of leisure - Financial PostSemi-retirement is no life of leisureFinancial Post, Canada - 23 hours agoCurrently, Taylor runs a media training business from his home in Hamilton, Ont. Revealing a knack for marketing, he inscribed my personal review copy with ...

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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.
Buyer’s 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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