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News about Mortgages:
Blankety Blank - Popmatters.comIn this totally bizarre exploration of what an overgrown American suburb filled with shallow upper-middle class characters might look like if a serial killer from an alternate universe showed up and started wreaking havoc, D. Harlan Wilson has ...
Recent foreclosures filed in Madison County - TelegraphThese are mortgage foreclosure cases filed recently in Madison County Circuit Court. The information shown is the case number, the defendant, property address and date of court filing. Oct. 14 08CH1209: Kevin Alexander, Angela Alexander and Madison ...
TRUMBULL COUNTY - VindicatorUS Bank NA et al v. Travis Bachhofer, foreclosure. National City Bank et al v. Michael E. Bowser et al, foreclosure. Wells Fargo Bank NA v. Victor D. Byers et al, foreclosure. Deutsche Bank National Trust as trustee v. Anthony Cargill Sr ...
Economic winds blowing Hong Kong's way - Los Angeles TimesReporting from Hong Kong -- The jetliners serving this financial hub arrive with more empty seats these days, and lately it's easier to get a table at Harlan's oyster bar in the International Finance Center. Across the bay in Kowloon, a salesclerk at ...
Multiple Voting, Insecure Machines - ForbesObama won, and he won big enough that nobody can claim that the--undeniable--irregularities in this election were enough to make a difference. His win was beyond the margin of fraud. But that doesn't mean that there wasn't fraud and there weren't ...
Interview with Diane Swonk - Journal InquirerDiane Swonk is a senior managing director and chief economist at Chicago-based Mesirow Financial and an acclaimed author. She’s also a professor at DePaul University’s MBA program, a past president of the National Association for Business ...
Mortgage Meltdown - Daily Business Reviews momentum gains for a U.S. government-sponsored plan to bail out distressed residential property owners, several South Florida congressional candidates caution any program should benefit primary homeowners and exclude speculators or owners of ...
Time to get physical - Journal InquirerCarlos Armando Garcia is a principal of New York City-based Galileo Investment Management, which is a multi-family office that invests in global hedge funds and private equity funds. Garcia is a Mexican native with an electrical engineering degree ...
Personnel file - Nov. 17 - Lexington Herald-LeaderCentre College: Ali Hamilton and Dawn Brown-Piatt have been named admission counselors. Shanna Heath has been named welcome center coordinator. Finance Kentucky Bank: Coy Nunemaker has joined the bank's lending department as a mortgage originator. He ...
Permanent Damage - Comic Book ResourcesSorry about last week ; gobs of work to finish, complicated by a graphic novel I spent much more time rethinking than I should have. But what're you going to do? The instant I'm done with that, it's putting together a new mini-series and associated ...
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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