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O.J. Simpson to be sentenced Friday in Las Vegas - Miami HeraldO.J. Simpson faces anywhere from six years to life in prison when a Las Vegas judge sentences him and a golfing buddy Friday for their armed-robbery and kidnapping convictions. Attorneys for Simpson and co-defendant C.J. Stewart will ask Judge Jackie ...
BofA files foreclosure on 17-acre Miami site - South Florida Business JournalBank of America is seeking to foreclose on a 17.1-acre site in southern Miami-Dade County that was planned as a residential community by Miami-based Precious Homes . The Charlotte, N.C.-based bank filed the notice of foreclosure on Nov. 26 in Miami ...
Foreclosure Crisis - Daily Business Reviewdam and Suzette Coulton went house hunting with an ambitious target: They wanted a home with a pool and large yard for their 2-year-old son — and they wanted to pay no more than $500,000. A few years ago when home prices were rising, they would ...
O.J. Simpson and golfing pal to be sentenced - Miami HeraldO.J. Simpson faces anywhere from six years to life in prison when a Las Vegas judge sentences him and a golfing buddy Friday for their armed robbery and kidnapping convictions. Attorneys for Simpson and co-defendant C.J. Stewart will ask Judge Jackie ...
REAL ESTATE - News-Democrat• 2000 S. 11th St.; from Beverly Elge, trustee; to Gregory Harris; $30,000. • 318 W. Cleveland Ave.; from Christy L. Hancock and Roger L. Hancock; to Paul Steigerwald; $75,000. • 6 Pageant Court; from Mary J. Daugherty; to John Brown and Kylee ...
First American CoreLogic Releases September 2008 LoanPerformance Home ... - MSN MoneyCentralSANTA ANA, Calif. , Dec. 1 /PRNewswire-FirstCall/ -- First American CoreLogic, a member of The First American Corporation FAF , America's largest provider of advance property and ownership information, analytics and services, today announced the ...
Needy Fund: Mental health crisis ravages family - Cape Cod TimesWhen her husband left home, he took half the family income — and its entire safety net. A 35-year-old mother of two in Sandwich was left to fend for herself after her husband stopped taking his bipolar medication and left home without a word. Joan ...
Deed transfers for the Dec. 1-28 edition - Star-BannerWarranty deed transfers in excess of $80,000 involving businesses as recorded at the Marion County Clerk of the Circuit Court's office from Sept. 29-Oct. 24. Compiled by Darrell G. Riley: Oct. 20-24: Steven Dube to S & S Group LLC. Marion County: $98 ...
Sears Holdings Corp. posts $146 million loss in third quarter - Rocky Mountain NewsSears Holdings Corp. posted its biggest quarterly loss since financier Edward Lampert combined Sears and Kmart into one retail company, because of hefty charges related to store closures and disappointing U.S. sales. Sears Holding, formed after ...
Economic times turn desperate for some metro Atlantans - Atlanta Journal ConstitutionRoger Anthony cried. Facing eviction from a four-bedroom house in Henry County, it was all Anthony could do when he learned his plan to buy a used mobile home fell through, and then a full-time job prospect with a moving company disappeared as well ...
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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