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Their dreams shattered, investors left to wonder - Las Vegas SunWhen Luis Rojas cashed in his $52,000 pension fund annuity in 2005, he thought he had found the perfect investment that would allow him and his wife to lead comfortable lives in retirement. The 68-year-old former waiter poured his pension into HSLV ...
VIDEO/PHOTOS: Naples fire department chief Jim McEvoy moonlights in ... - Naples Daily NewsPlease download the latest version of Adobe Flash Player , or enable JavaScript for your browser to view the video player. When he is not leading the Naples Fire department, chief Jim McEvoy performs with the Irish band "West of Galway" during their ...
Counting our blessings - Richmond Times-DispatchWillette Campbell had the odds against her. Diagnosed in February with Stage 4 uterine cancer, she wondered whether she would see another Thanksgiving as she went through surgery and six months of chemotherapy. At age 45, she's delighted to be able ...
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 ...
November 2008 - Weekly StandardThe terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...
National City customers can expect to eventually see a different name ... - Bowling Green Daily NewsPNC Financial Services Group said Friday it is acquiring National City Corp. for $5.58 billion. The latest deal in the rapidly consolidating banking industry combines Pittsburgh-based PNC - which has weathered the ongoing credit crisis better than ...
Is Renting Outpacing Home Ownership? - WBKOThey say a "home is where you make it", but the mortgage crisis has forced many people to wonder where exactly to make that "home." It seems many people believe right now it may be easier to rent their home, rather than buy it. After calling several ...
Consumer Prices Drop Record 1 Percent in October - ABC NewsConsumer prices plunged by the largest amount in the past 61 years in October as gasoline pump prices dropped by a record amount. Checkout girl Abby Feick (R) rings up a customer at the Ben Franklin general store in Bowling Green, Ohio, in this file ...
Hasn't outgrown love for BG football - Toledo BladeIn Their Words is a weekly feature appearing Sundays in The Blade's sports section. Blade sports writer Ryan Autullo talked with Cal Bowers, a former Bowling Green State University football captain who is currently a radio analyst for Falcon football ...
Automaker’s perspective - Bowling Green Daily NewsGM employees, both hourly and salary, have worked hard to build world-class cars. The community and surrounding regions have grown immensely since GM made the decision to locate in Bowling Green. The Corvette plant has been a source of pride for the ...
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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