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Obama faces test on WH political office - Politico.comCHICAGO — It was a standard applause line on the campaign trail: Barack Obama condemned the “perpetual campaign” that has consumed Washington, contending that the slash-and-burn politics practiced by the Bush White House had gotten in the way ...
Court Administration - Baltimore SunFRANKFURT, Germany (AP) _ The German-language version of the Internet encyclopedia Wikipedia is back online after a left-wing lawmaker dropped a legal complaint. Luebeck state court had ordered the site shut down over the weekend after Left Party ...
John McCain equal to George Wallace? Barack Obama says ‘no,’ and ... - Atlanta Journal ConstitutionName-calling in the 2008 presidential campaign took a highly serious turn on Saturday morning. By Saturday night, everyone had backed away. It began when, about 11 a.m., U.S. Rep. John Lewis (D-Atlanta) issued a statement on the recent tone of the ...
Our choice for change - Post-StarA longtime businessman in Thurman sits in a dimly lit office and pores over a growing stack of bills, pondering whether he'll be able to open his doors tomorrow. A struggling Queensbury couple watches the news and fears for the future, uncertain if ...
Bauder following family path - Stillwater News PressThere was a time Rob Bauder wanted to do anything other than work in the family business and live in his native Stillwater. Then things changed a lot for him. Now he’s glad he stuck it out with the town where he grew up and the company he started ...
Your Opinion - Jefferson City News Tribune Online“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury ...
New Wright Ad Attacks Obama in Battlegrounds - ABC News BlogsABC News’ Rick Klein Reports: A Republican political action committee on Monday is launching a new TV ad campaign in three battleground states featuring Sen. Barack Obama alongside the Rev. Jeremiah Wright, in the latest salvo from a GOP-aligned ...
Political Punch - ABC News BlogsJake Tapper is ABC News' Senior National Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. "Reminder: These are for staff only and not for distribution," warns ...
Vice-presidential nominee Joe Biden to visit Jefferson City - Jefferson City News Tribune OnlineDemocratic vice-presidential nominee Joe Biden will stop in Jefferson City as he spends two days in Missouri, his campaign is announcing. On Thursday, Biden will hold community gatherings in St. Joseph, Liberty, and Jefferson City. On Friday, he'll ...
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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