Types Of Bankruptcy

White House docs sought on Fannie Mae   The former chief executive officer of Fannie Mae says the Bush administration helped orchestrate an accounting scandal that cost him his job and that he wants to use White


Standard Chartered signs with Aldar to enter Abu Dhabi mortgage market (AME Info)  Standard Chartered Bank has signed an agreement with Aldar Properties, Abu Dhabi's leading property development, investment and managing company, to offer complete mortgage solutions for their property development in Abu


GMAC slashing work force, reduces mortgage lending (AP via Yahoo! News)   Lender GMAC Financial Services said Wednesday it will close all of its 200 retail offices and lay off about 5,000 employees as part of plan to reduce its mortgage


HONORING THE BEST  Jeri Jackson, Lisa Jackson and Nan Ray White were the recipients of the Lakeland Association of Realtors' highest honors during last week's annual banquet at the Lakeland Yacht & Country


Countrywide Financial To Cut 12,000 Jobs  "As we carry out our plan, the company's overarching focus is exactly where it has always been: to remain an industry leader in the U.S. residential lending business" LOS


Turning an Old Church into a Picture-Perfect Wedding Chapel  Growing up in town of Moon outside Mosinee, the old Seventh Day Adventist Church was home to many memories for Terri Pecha and her brother, Shawn McGowan.read more...

March 11th, 2006

Understanding mortgage terms (The Meridian Star)

The purchaser of a new home may encounter various terms used by the real estate agent and the lending institution. Some of the terms are unique to mortgage banking, while others may come from related fields of appraisal, real estate or law. Below are some commonly used terms.

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