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For many homeowners, getting help can be frustrating - Colorado Springs GazetteColorado Springs homeowner and artist T. Benton Brooks isn't in foreclosure — yet. He's missed two mortgage payments, but is determined to avoid losing the west-side rancher he's owned for 18 years and where he and his wife raised a son and ...
Your letters - Glenwood Springs Post IndependentThis just in. On the tail of the national mortgage debacle, another example of federal government’s ineptitude has surfaced. Apparently, a decision is pending regarding a royalty rate on production of oil from shale starting at 5 percent then ...
'08 Economic Problems Don't Compare To Depression - News 4COLORADO SPRINGS, Colo. (AP) ― Louise Simpson first realized the extent of the Great Depression through the shoes. "I can still see them now," said the 82-year-old who grew up on a small farm in Fountain. "Mom's shoes were all rundown. There was ...
2008 economic problems don't compare to Great Depression - Summit Daily NewsCOLORADO SPRINGS — Louise Simpson first realized the extent of the Great Depression through the shoes. “I can still see them now,” said the 82-year-old who grew up on a small farm in Fountain.“Mom’s shoes were all rundown. There was almost ...
Peterjohn wants any future tax increase approved by Sedgwick County ... - Wichita EagleVoters across the nation approved tax increases earlier this month to pay for projects ranging from high-speed rail networks to new schools to a mortgage program for veterans. New Sedgwick County commissioner Karl Peterjohn, a Republican, made voter ...
Bailout unknowns abound - Denver PostNov 30: Guzzler sales making U-turn Nov 26: Obama reassures nervous nation on ailing economy Weak economy tops deficit as No. 1 priority Feds vow billions more to aid credit Specifics gathered for pitch on autos Revision shows bigger third-quarter ...
Holiday icon fights slowdown by 'tweeting,' texting - CNNLOGANVILLE, Georgia (CNN) -- Jerrye Lail's heart attack took her by surprise, but when overwhelming medical bills forced her and her husband, Dan, to ask for help from the Salvation Army, that was a real stunner. U.S. Salvation Army kettles like this ...
Chemed Corporation Showing Strong Growth - Seekingalpha.comChemed Corp. ( CHE ) is growing through its hospice care services and acquiring franchises across the country. The company is also repurchasing its stock and just reported solid quarterly earnings. Chemed Corporation is the nation's largest provider ...
Brown Shoe Company, Inc., Q3 2008 Earnings Call Transcript - Seekingalpha.comWelcome the third quarter 2008 Brown Shoe Company, Inc. earnings conference call. I would now like to turn the call over to Mr. Ken Golden, Director of Investor Relations. Good morning everyone and welcome to the Brown Shoe third quarter 2008 ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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