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Postal Service investigates boss' VIP mortgage - WTOP RadioIn a Sept. 30, 2005, file photo Postmaster General John Potter gestures during an interview in Washington, Friday, Sept. 30, 2005. The Postal Service is investigating whether Potter improperly received a sweetheart deal on a mortgage from ...
Postal Service investigates Countrywide VIP mortgage deal for ... - Grand Forks HeraldThe Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service's governing board said. Postmaster General John E. Potter is ...
Postal Service investigates boss's VIP mortgage - WSFAWASHINGTON (AP) - The Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial. The chairman of the postal service's governing board says Postmaster General ...
Postal Service investigates boss’s VIP mortgage - Las Vegas SunThe Postal Service is investigating whether the nation's postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service's governing board said. Postmaster General John E. Potter is ...
Postal Head Investigated For Mortgage Deal - CBS NewsCountrywide, a leading subprime lender, is at the heart of the mortgage crisis. It has been criticized for using initially low teaser rates that later ballooned higher than borrowers could afford. (AP Photo/Damian Dovarganes) (AP) The Postal Service ...
PREVIEW-No quick fixes seen from key UK mortgage report - ForbesLONDON, Nov 21 (Reuters) - Government guarantees for mortgage-backed bonds and allowing lenders to swap loans for easily saleable government debt could be among proposed remedies for the ailing British mortgage market in a report due out on Monday ...
Ap » Washington - Waterloo Cedar-Falls CourierIn a Sept. 30, 2005, file photo Postmaster General John Potter gestures during an interview in Washington, Friday, Sept. 30, 2005. The Postal Service is investigating whether Potter improperly received a sweetheart deal on a mortgage from ...
Personnel file - Lexington Herald-LeaderFinance Kentucky Bank: Coy Nunemaker has joined the bank's lending department as a mortgage originator. He will serve the Jessamine County region. Potter & Co.: Jason Strange has been named a manager in the audit and assurance services department of ...
Understanding the Dow: The history, the numbers - Post-TribuneEditor's note: The following story was originally published Oct. 12. The world financial market has spilled off the business pages and onto the front pages of the country’s newspapers. Oil is up, then it’s down. The Dow is down, then it’s down ...
One of the Global Warming Movement's Most Prominent Sources of ... - Elections.foxnews.comLast week, NASA's Goddard Institute for Space Studies — one of the four bodies responsible for monitoring global temperatures used by the United Nations — announced last month was the hottest October on record. That was because the institute's ...
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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