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Great Wolf talking with lenders about mortgage extension - Milwaukee Journal SentinelDec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...
Happy Christmas! And welcome, to Brown's Blunderland - Daily MailBack in 2001, I published a novel, To Hell In A Handcart, in which part of the action took place at a tacky theme park called Goblin's, somewhere in southern England. Disneyland, it wasn't. The surly, tattooed staff were forced to dress as elves, the ...
Matter Of Records: December 1 - Wichita Falls Times Record NewsKell Propane vs. M.A. Flaharity, 199 Homestead Ln., $211.40, V3308 P579. AT&T Advertising LP vs. Bruce Harris, 3002 Speedway, $4,396.00, V3308 P853. The Estate of Richard Lynn Fanchier, et al, vs. Wichita Falls Care Center Inc., 7473 Row 25, Orland ...
Gorcyca's escape full of irony - Detroit Free PressMichigan lawyers, like attorneys elsewhere, are largely responsible for policing their own ethical conduct. And if you recall what a resounding success such incestuous self-regulation has been in other industries -- mortgage lending and investment ...
Latest News - dBusinessNews.comCatalent to Present at International Cell Engineering Conference Research Triangle Park – Greg Bleck, the senior director of ... Protect Your Precious Holiday Moments With Buffalo Technology AUSTIN -- Buffalo Technology, a global leader in the ...
Underneath the Mistletoe - PopsugarDec 2 2008 - 4:30am Penelope Cruz was decked out on Monday for the opening of the Unbreakable Kiss Mistletoe installation in NYC's Madison Square Park. Even Kate Moss Is a Britney Spears Fan Sugar Shout Out: December Must Haves Lindsay and Samantha ...
Anatomy of a Breakdown - Reason.comIt was not an absence of federal intervention that produced the Great Financial Panic of 2008. Contrary to the assertions of those clamoring for new regulations (see "Is Deregulation to Blame?," page 36), the liquidity shortage and credit freeze that ...
The Beckhams Cruise Around Thanksgiving Weekend in NYC - PopsugarThe Cruises and Beckhams rolled in force around NYC over the long weekend. With all six of their kids all bundled up and ready to take on the city they must have been quite a sight. On Thanksgiving afternoon the whole crew headed to Central Park and ...
IN BRIEF: News around Downriver - News-HeraldThe Detroit Zoo will be open from 10 a.m. to 4 p.m. daily through March 31, though it’ll be closed on Christmas and New Year’s Day. Winter visitors often find that when the temperature drops, many of the animals become more active outdoors. There ...
UK charities brace for 2009 fundraising shortfall - Buffalo NewsThe British Red Cross has canceled its winter fundraising ball - and that's just the tip of the iceberg. British charities are expecting a fundraising shortfall next year as corporations donate less, investments fall in value and fundraising costs ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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