| Mortgage Terminology Explained
When you first apply for a mortgage, you may feel you've stepped into a different culture with a language all its own. More than likely, your mortgage professional is throwing many new terms and expressions your way. It's the responsibility of that same mortgage professional to make sure you understand everything that's being explained to you, so you should never hesitate to ask them to stop and clarify. However, if you can approach your application meeting armed with some familiarity with mortgage terms, everyone can be more comfortable from the very beginning. Familiarize yourself with the following and you'll be a step ahead of the average first-time borrower. HUD: HUD stands for Housing and Urban Development, and refers to the US Department of Housing and Urban Development Settlement Statement documents pertaining to the house being financed.
Crass Laughs
In the last few weeks, as I've stuck my head into Kansas City's burgeoning stand-up comedy scene, I've found myself pondering motherfucker. How did this word — this taboo of such universal power that it would make Caveman A clock Caveman B right in the caveman junk — replace the word um? Linguists tell us that its recorded usage came some 70 years ago. But what matters is that, as it caught on, it shifted from childish insult to boast of badassedness, from unutterable curse to the sole reason that Samuel L. Jackson doesn't have to act anymore. .
WWA Group Secures New Bank Credit Lines
DUBAI, United Arab Emirates--(BUSINESS WIRE)--WWA Group, Inc. (OTCBB: WWAG) today announced that its wholly owned subsidiary, World Wide Auctioneers, Ltd., has secured a new line of credit from its primary banker in Dubai in the amount of approximately $4 million. The credit line consists of working capital and general asset finance facilities, and will be used primarily for the expansion of the Company's equipment trading activities. The Company has increased its equipment buying and selling activities over the past two years as a complement to its core equipment auction business. "We are pleased that our relationships with Dubai financial institutions have reached this level of confidence," commented Company CEO Eric Montandon. "We have proved our creditworthiness over the past few years in this market, and can plan for increased asset finance facilities in the future.
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