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Former Town Employee Must Repay $280K - WBBM(CROWN POINT, Ind.) A former northwest Indiana town employee who stole nearly $300,000 from taxpayers will wear an electronic monitor for nine months and serve 39 months probation for theft and official misconduct. Lake Superior Court Judge Thomas ...
No prison time for embezzler - Post-TribuneA former town employee who stole nearly $300,000 from taxpayers will wear an electronic monitor for nine months and serve 39 months on probation for theft and official misconduct. Lake Superior Court Judge Thomas Stefaniak Jr. didn't give Rosemary ...
Former M'ville bookkeeper sentenced for theft - NWITimes.comCROWN POINT | After a moment's hesitation, former Merrillville bookkeeper Rosemary Barath admitted Thursday she "somewhat" had a gambling addiction that led to the theft of nearly $300,000 in town funds. Lake Criminal Court Judge Thomas Stefaniak Jr ...
Ex-M'ville bookkeeper sentenced - NWI.comCROWN POINT | After a moment's hesitation, former Merrillville bookkeeper Rosemary Barath admitted Thursday she "somewhat" had a gambling addiction that led to the theft of nearly $300,000 in town funds. Lake Criminal Court Judge Thomas Stefaniak Jr ...
Ex-bookkeeper sentenced for taking $279K - Lafayette Journal and CourierCROWN POINT - A former bookkeeper has been sentenced to house arrest for stealing more than $200,000 from the Merrillville clerk-treasurer's office. Sixty-eight-year-old Rosemary Barath admitted Thursday in court that her gambling addiction had led ...
Latest News - dBusinessNews.comDirectBuy offers guidelines for selecting your home improvement projects. MERRILLVILLE, IN… Perhaps it’s the innate pioneer ... Big Brothers Big Sisters of Northeastern Indiana appear on “Connecting Your Passion” Fort Wayne, IN – Josette ...
Local experts search for solutions - Post-TribuneThe volatility in the stock market has economists, financial analysts and consumers searching for solutions amid a confusing financial landscape. On Thursday, stocks lost more than 7 percent, $872 billion of investments evaporated, and the Dow fell ...
Local car dealers want Big 3 bailout - NWITimes.comFeeling the strain of the nation's financial crisis, some Northwest Indiana car dealers contend a bailout of Detroit's automakers is important to stop unemployment from rising and the economy from worsening. General Motors, Ford and Chrysler LLC have ...
Efforts to create Burns Harbor town center underway - Chesterton TribuneResidents who have expressed interest in controlling development of the northwest corner of Rt 20 and St. Rd. 149 and surrounding areas are continuing in their meetings, the Burns Harbor Town Council was told Wednesday. Many attended the recent Plan ...
Burns Harbor steelworkers could face layoffs - NWI.comBURNS HARBOR | ArcelorMittal on Friday said that as many as 2,444 employees at its Burns Harbor plant could be laid off indefinitely in January. A prepared release from ArcelorMittal said the company notified the United Steelworkers and other ...
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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