Bradley Mortgage Rates and Information Online from competing Lenders

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News about Mortgages:

Harbour Walk Preserve loses foreclosure judgment - MSN MoneyCentral
Palm Beach Gardens-based Harbour Walk Preserve LLC has lost a $17.6 million foreclosure judgment to Seacoast National Bank and is set to lose its Stuart property at public auction. The Dec. 30 judgment set the public auction for the 53-acre ...

Pew: U.S. Hispanics Among Most Affected by Mortgage Crisis - HispanicBusiness.com
The deepening recession continues to affect the American consumer and has had a particularly harsh impact upon U.S. Hispanics. A host of new statistics reveal missed mortgage payments, reduced remittances to relatives abroad, and curtailed holiday ...

Shenango Valley Mall in receivership after defaulting on loans - Sharon Herald
Under a court order issued Monday, the Shenango Valley Mall is now in receivership. Mercer County Common Pleas Judge Christopher St. John approved the appointment of a receiver at the request of the mall’s lenders. Appointment of a receiver, which ...

Basketball player Friday a loan officer in Dallas area - Longview News-Journal
Editor's Note: Where Are They Now? is a weekly feature catching up with former athletes from the Longview News-Journal's coverage area. College(s), major and year graduated: Paris Junior College (freshman), Cedar Valley (sophomore), Stephen F. Austin ...

The warped morality on Beacon Hill - Boston Globe
THIS IS WHAT passes for moral clarity on Beacon Hill. House Speaker Salvatore F. DiMasi is a liberal. So it matters less that he might also be a liar. That was the thrust of a Globe op-ed by Fred Salvucci, a former state transportation secretary who ...

'Extreme Makeover' parties planned - Peoria Journal Star
Two special events are planned to commemorate the "Extreme Makeover: Home Edition" television show featuring Jake Grys and his family. The Pekin Public Library will host a behind-the-scenes look at the show beginning at 10 a.m. Saturday. The Grys ...

Mall defaults on loans; stores unaffected - Sharon Herald
The Shenango Valley Mall along with other affiliated properties has defaulted on more than $80 million in loans and the lender is seeking court approval to install a receiver to oversee management of the mall, according to court documents filed in ...

Despite investigations, DiMasi reelected House speaker - Boston Globe
House members overwhelmingly reelected Salvatore F. DiMasi speaker today, giving the North End Democrat a third two-year term despite a series of ethics investigations. House Speaker Salvatore F. DiMasi DiMasi won the support of 135 out of 160 ...

Scott Miller - CBS Sportsline
As wallets creaked shut and the dollars didn't flow nearly as freely as certain free agents hoped this winter, Pat Burrell wound up moving from one World Series team to another. An "American League player" for, oh, roughly most of his career, Burrell ...

O's update: Flanagan's future - Weblogs.baltimoresun.com
Mike Flanagan was executive vice president of baseball operations until his contract expired at the end of the year, so it's fair to ask what he's going to be doing now. It's also fair to ask what exactly his role has been for the past year or so ...

Today's Mortgage Terms starting with P

Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.

Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.

Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.

Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.

Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.

Principal: It is the amount of money borrowed or owed, excluding interest.

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