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News about Mortgages:
First-time home buyers in Oklahoma shrugging off $7,500 federal help - Daily OklahomanThe new federal housing law gave with one hand — the $7,500 tax credit — but took away with another, mortgage consultant Scott Senner said. The law eliminated certain kinds of down-payment assistance and raised the mandatory down payment on ...
Former bay area lender sentenced to 18 years - St. Petersburg TimesA businessman who helped run a multimillion-dollar mortgage scam in Hillsborough and Pinellas counties is going to prison for 18 years. Attorney General Bill McCollum announced Friday that Orson Benn, former vice president of Argent Mortgage Co. was ...
Man sentenced for setting Owings Mills fire - Baltimore SunA Cockeysville man has been sentenced to 2 1/2 years in prison for setting a house fire for a homeowner who fell behind on his mortgage payments, federal authorities said. Scott Ensor, 32, pleaded guilty to an arson conspiracy charge for setting the ...
Up Next - CBS NewsTHE WAR WITHIN - In his latest inside-the-White-House book, legendary reporter Bob Woodward reveals the thoughts and strategies governing the war in Iraq that come directly from President Bush and his inner circle. Scott Pelley reports. Robert ...
Capital One Spurned Mortgages For Credit Cards - CFO - CNN MoneyNEW YORK -(Dow Jones)- In its four-year transformation from a credit card issuer into a bank, Capital One Financial Corp. (COF) stayed away from one of the most popular businesses in banking: mortgages. Capital One certainly dodged a bullet with that ...
What's the next move? - IndependentShare THE major mortgage lenders are anxiously monitoring new business enquiries to gauge sentiment towards National Irish Bank 's new mortgage offer. Mortgage lending is one of the most competitive areas in financial services and the big players are ...
Even Now, an ARM Could be Right for You - CNBCOnce the darling of the mortgage industry, adjustable-rate mortgages are getting tougher to obtain. Savvy -- and qualified -- buyers, however, still may find them worth the hunt. Adjustable-rate mortgages, known as ARMs, have been shouldering much of ...
UPI NewsTrack Business - United Press InternationalSEATTLE, Sept. 6 (UPI) -- Thousands of union machinists for Boeing Co. in Seattle began their second strike in three years Saturday, setting up picket lines just after midnight. The 26,800 members of the Seattle-area International Machinists and ...
Wright County Conference Football - Wildcats surprise Litch 26-17 - Trumann DemocratWaconia scored its first win of the year in a critical Wright County Conference game at Litchfield, dumping the Dragons 26-17. Waconia trailed 17-12 heading into the fourth quarter before Chris Leivermann scored on TD runs of 40 and 22 yards in the ...
Jobless rate hits 5-year high in Aug. - Record SearchlightWASHINGTON — Businesses slashed jobs and the nation's unemployment rate hit a five-year high in August, the government reported Friday, dashing hopes that the economy might stabilize in the second half of the year and showing that trouble has ...

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Today's Mortgage Terms starting with T
Term: The period of time in which a loan must be paid off.
Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
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