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News about Mortgages:
Intermountain Community Bancorp (IMCB) Announces Second Quarter ... - CNBCSANDPOINT, Idaho, Jul 24, 2008 (BUSINESS WIRE) -- Intermountain Community Bancorp (OTCBB:IMCB), the holding company for Panhandle State Bank, the largest locally owned state bank in Idaho, announced earnings for the second quarter of 2008 today. Net ...
The slump persists: Home sales tumble across US - Idaho StatesmanA pedestrian walks past a house bearing a lender foreclosure sign, Thursday, July 24, 2008, in Shaker Heights, Ohio. Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in ...
Housing bill won't solve market's problems - Idaho StatesmanIn this July 2, 2008 file photo, a bank owned home is seen for sale in Sacramento, Calif.. Rescue legislation sailed through the House Wednesday, July 23, 2008, aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled ...
Economy goes into the toilet - Colorado DailyJeannine Frisque passes out food Thursday at the Lutheran Church of the Master in Coeur d'Alene, Idaho during the Second Harvest mobile food bank event. The mobile food bank gave out 10,000 pounds of food in two hours which is expected to feed up to ...
Cascade Bancorp (Oregon) Announces Second Quarter 2008 Net Income - MSN MoneyCentral- Second Quarter Earnings Per Share: at $0.01 with net income at $0.2 million. BEND, Ore. , July 24 /PRNewswire-FirstCall/ -- Cascade Bancorp ("Cascade") CACB reported second quarter 2008 Diluted Earnings Per Share (EPS-diluted) at $0.01 per share ...
Edwards: The Agony of the MSM - SlateNibbling at the edges of the MSM: Imus laments that the Edwards L.C. story is "starting to become news." ... And there's always the late-night comics' rabbithhole into public consciousness . ... But the MSM wants photos Dallas Morning News' Rod ...
Foreclosure rescue could boost housing - Miami HeraldU.S. House leaders Wednesday approved a colossal housing package that allows the federal government to back up to $300 billion in refinanced loans for at-risk borrowers, a measure that could save thousands of South Florida homeowners from foreclosure ...
Edwards, Busted The National Enquirer catches him. - Slate" Get it first , but first get it second." The old Newsweek rule! I hope that's the rule the MSM is following. If so, here's an MSM mention ! And here . Business Week is what, chopped liver ? And doesn't Jack Shafer count? I fear there is a new rule ...
Sterling Financial Corporation of Spokane, Washington, Declares ... - PR Insideshareholders through American Stock Transfer & Trust Company, Sterling's transfer agent. "Today's approved dividend payment demonstrates our board's confidence in Sterling's ability to maintain its strong capital and liquidity positions," commented ...
Does It Make Sense to Refi? - AOLRefinancing a mortgage is currently the most pressing topic for many homeowners. With interest rates dropping, many want to know what to do. Senior reporter Holden Lewis, who covers mortgages and writes Bankrate's Mortgage Matters blog, answers the ...

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Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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