The FHAs main activity is the insuring of residential mortgage loans made by private lenders.
Clear title A title that is free of liens or legal questions as to ownership of the property Closing The occasion where a sale is finalized; the buyer signs the mortgage, and closing costs are paid.
Tenancy in common A type of joint tenancy in a property without right of survivorship.
New York Times, February 24, 2001 Huntsman, Bain Capital dealing: Huntsman offering 600 million equity stake to venture firm.Retrieved January 5, 2014.Eminent domain is the basis for condemnation proceedings.Initial interest rate The original interest rate of the mortgage at the time of closing.Phillips, Frank (October 8, 1994).Replacement reserve fund A fund set aside for replacement of common property in a condominium, PUD, or cooperative project particularly that which has a short life vasemarket com coupon code expectancy, such as carpeting, furniture, etc.
80 Bain Capital Fund VI in 1998 was the last one Romney was involved in; investors were worried that with Romney gone, the firm would have trouble raising money road races near me with prize money for Bain Capital Fund VII in 2000, but in practice the.5 billion was raised without.
In July 2002, Bain together with TPG Capital and Goldman Sachs Capital Partners, announced the high-profile.3 billion leveraged buyout of Burger King from Diageo.
Coverage The amount of protection, usually expressed in a percentage of the total claim amount, an insured receives under a certificate.36 82 Romney negotiated a ten-year retirement agreement with Bain Capital 36 that allowed him to receive a passive profit share and interest as a retired partner in some Bain Capital entities, including buyout and Bain Capital investment funds, in exchange for his ownership.The broker does not have title to the property, but generally represents the owner.Special Lien A lien that binds a specified piece of property, unlike a general lien, which is levied against all ones assets.The calculations do not infer that the company assumes any fiduciary duties.Early investors included Boston real estate mogul Mortimer Zuckerman and Robert Kraft, the owner of the New England Patriots football team.Plans to Go Public.Graduated Payment Mortgage (GPM) A mortgage where the payments are scheduled to increase, usually annually, for a set number of years, and then level off.Archived from the original on January 16, 2013.
Also called Payment-to-Income Ratio or Front-End Ratio.