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Delaware politics: O'Donnell faces campaign debt, back-tax issues - The News JournalDelaware politics: O'Donnell faces campaign debt, back-tax issuesThe News JournalShe said she used the money raised by selling the house to pay off a home equity loan. "I sold the house to Brent," she said. "I got out of debt so I could ...and more »
IN RE MERVYN'S HOLDINGS, LLC - Leagle.comIN RE MERVYN'S HOLDINGS, LLCLeagle.comMervyn's Holdings is a Delaware limited liability company that was formed by three private equity groups (collectively, "PE Sponsors. ...and more »
The Week In Private Equity: A Stylish Exit, A Blind Pool And Coffee - Wall Street Journal (blog)The Week In Private Equity: A Stylish Exit, A Blind Pool And CoffeeWall Street Journal (blog)The deal is aimed at capitalizing on the growing popularity of socializing out-of-home at coffee shops among urban youth in the largely tea-drinking nation. ...and more »
Weekend Investor - Wall Street JournalWeekend InvestorWall Street JournalFor home-equity loans, terms have become less generous. HomeTown Bankshares Corp.'s HomeTown Bank in Roanoke, where consumer lending was up 31%, ...and more »
IN THE MATTER OF MEMBER OF BAR OF SUPREME COURT OF DELAWARE - Leagle.comIN THE MATTER OF MEMBER OF BAR OF SUPREME COURT OF DELAWARELeagle.comThe loans included high interest rates, high points, fees, and penalties, in violation of the Home Ownership and Equity Protection Act of 1994. ...
Why Consumers Can't Trust the Fed - New York TimesWhy Consumers Can't Trust the FedNew York TimesWhen these became law, the Fed limply enforced them; it gave the same treatment to the Home Ownership Equity Protection Act, passed in 1994. ...and more »
In re Crdentia Corp. (f/k/a Lifen, Inc.) - JD Supra (press release)In re Crdentia Corp. (f/k/a Lifen, Inc.)JD Supra (press release)SUMMARY: Yesterday evening, Crdentia Corp. voluntarily filed for chapter 11 protection in the Delaware bankruptcy court. The company built a healthcare ...
Another Deal Grab Bag: Astellas, CF, Airgas and More - New York Times (blog)Another Deal Grab Bag: Astellas, CF, Airgas and MoreNew York Times (blog)Astellas Pharma has followed up on its hostile offer for OSI Pharmaceuticals by suing the target and its directors in Delaware's Court of Chancery. ...
AMHN, Inc. Announces Bridge Financing Commitment of $1.5 Million - MarketWatch (press release)AMHN, Inc. Announces Bridge Financing Commitment of $1.5 MillionMarketWatch (press release)Seatac is an experienced integrator in the healthcare based Out-of-Home network space and has installed more than 5000 screens in medical offices across the ...and more »
Equity Firms Cheer Return of 'Staple'; Critics Don't - Wall Street JournalEquity Firms Cheer Return of 'Staple'; Critics Don'tWall Street JournalInfluential Delaware Court of Chancery Judge Leo Strine wrote, in a 2005 ruling related to the sale of Toys "R" Us Inc., that using Credit Suisse as advisor ...and more »

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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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