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Investigators: Victims of mortgage scheme want justice - KING-5
EVERETT, Wash. – In 2006 the KING 5 Investigators aired a story about Liza Bautista, a mortgage broker who defrauded people with a pitch about her Christian ways. While some of Bautista's victims have just settled a lawsuit, they say they're still ...

Fresh start for FSU - Herald Tribune
ASSOCIATED PRESS / FILE PHOTO / GERRY BROOME 373 wins ... and counting Florida State head coach Bobby Bowden goes into today's game tied with Penn State's Joe Paterno at 373 victories, the most in major college football history. Penn State plays ...

UPDATE 2-MOVES-Sallie Mae, Jefferies, Citigroup - Reuters
Sept 4 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. The student lender named Kenneth Fischbach, a former managing director at ...

Summer Olympics - Star News Online
Sponsored by: Hanna could only keep residents from the beach for so long. By 10:30 a.m., residents were out walking their dogs and couples strolled along the surf hand-in-hand. Oceanfront property owners began removing their hurricane shutters and ...

Palin Forced Staff To Resign In Loyalty Test - Huffingtonpost.com
Earlier today, First Lady Laura Bush urged us to remember Gov. Sarah Palin's record as mayor of her hometown from 1996-2002 when assessing her experience. I agree. Driving around this city today, I decided it looks more or less like a string of strip ...

'Lights' will shine on Jackson County - Biloxi Sun Herald
PASCAGOULA -- Hollywood is the theme of this year's United Way of Jackson and George Counties fundraising drive. United Way hopes the "Lights, Caring, Action" initiative will raise at least $2 million, up from the total $1.8 million raised last year ...

All About Him - Slate
McCain Speech React: I predicted McCain's would be a good speech. Wrong again. That makes two successful conventions ending with weak final acts. 1) McCain screwed up what was potentially the most effective part of the speech, where he blames his own ...

Mrs Underestimated - Financial Times
F or once the comic Daily Show may not have been on the money. Outside the Republican convention hall this week it sported a billboard that said: “Welcome, rich, white oligarchs.” Inside, rich and not so rich delegates alike were paying obeisance ...

Habitat to build third home of year this weekend; volunteers needed - Journal Gazette and Times Courier
MATTOON — Coles County Habitat for Humanity is breaking ground on its 23rd home which will be built at 616 Richmond Ave. in Mattoon. Coles County’s Habitat organization will break ground at 2 p.m. Sunday. This will be the agency’s final ...

Remarks by John McCain to the Republican National Convention - ChristianNewsWire
ARLINGTON , Va. , Sept. 4 / Christian Newswire / -- U.S. Senator John McCain will deliver the following remarks as prepared for delivery to the Republican National Convention in St. Paul , Minnesota , today at 10:00 p.m. ET (9:00 p.m. CT): Thank you ...

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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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