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Stranger's kindness hits home - San Jose Mercury NewsStranger's kindness hits homeSan Jose Mercury News, USA - Nov 16, 2008The 50-year-old Rockwall, Texas, woman acted on instinct when she bought Tracy Orr's Pottsboro home back for her while Mock's son, who bought his first ...
Law-enforcement officials say North Texas criminal's career is at ... - Dallas Morning NewsLaw-enforcement officials say North Texas criminal's career is at ...Dallas Morning News, TX - Nov 27, 2008... some of them criminal, including mortgage fraud. For the past two years, law-enforcement officers in Denton, Dallas, Rockwall, Ellis, Collin and Tarrant ...
Treasury Bills Auctions for This Week - New York TimesTreasury Bills Auctions for This WeekNew York Times, United States - Nov 9, 2008City of Dallas, $253.8 million of general obligation bonds for Dallas, Denton, Collin and Rockwall Counties. Goldman Sachs. Commonwealth of Virginia ...
NASA To Recognize Winner of Lunar Lander Challenge - Space Ref (press release)NASA To Recognize Winner of Lunar Lander ChallengeSpace Ref (press release) - Dec 1, 2008220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our site and check out all the fun ...
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