.`(5) TERM OF MORTGAGE- The refinanced eligible mortgage to be insured shall--`(A) bear interest at a single rate that is fixed for the entire term of the mortgage; and`(B) have a maturity of not less than 30 years from the date of the beginning of amortization of such refinanced eligible mortgage.`(6) MAXIMUM LOAN AMOUNT- The principal obligation amount of the eligible mortgage to be insured shall not exceed 132 percent of the dollar amount limitation in effect for 2007 under section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(2)) for a property of the applicable size.`(7) PROHIBITION ON SECOND LIENS- A mortgagor may not grant a new second lien on the mortgaged property during the first 5 years of the term of the mortgage insured under this section.`(8) APPRAISALS- Any appraisal conducted in connection with a mortgage insured under this section shall--`(A) be based on the current value of the property;`(B) be conducted in accordance with title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3331 et seq.)

When a condo is foreclosed many times the remaining owners bear the brunt of the loss and pay higher expenses.

"He's made a lot of promises that his voting record does not bear out."

No one in the rest of the country cares about the AFC East.The real news is that the Bears BEAT the Colts!

For me there are to many possibilities right here in the Greater Chicagoland area, that I don't need to hike all the way to Indy.Oh and just a reminder, the Bears might stink this year, but we did beat the Colts on Opening Night!

The statistical theory of large numbers bears out the 50% estimation.That does not mean in some cases your actual expenses may be MUCH higher or lower.

Contractors work either Time & Materials or by bid (a version of Time & Materials where the contractor bears all of the risk and possible reward).

I strongly believe this mess was intentionally perpetrated by the lenders and they bear the bulk of the responsibility to fix it.

These people (CEO and rest of his ilk) and companies (WAMU, Bear Stearns, ETC) looted their way to a financial crisis in the late 1980's.

You will find out very quickly if the market will bear a $220k price tag.