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Layoffs coming in rapid succession as perfect storm hits NASCAR - ESPN.comCONCORD, N.C. -- The warm South Florida sun was a welcome change from the morgue-like atmosphere at Dale Earnhardt Inc. when Dave Kwasniak and Chris Hamilton arrived at Homestead-Miami Speedway last Friday. They were focused on helping Regan Smith ...
How to request your own Homeland Security file... - Spokane Spokesman-ReviewVia the First Amendment Project, here's an easy-to-use website that walks you through requesting a copy of whatever dossier the Department of Homeland Security might have compiled on you so far. From the website: The Department of Homeland Security ...
Unsafe Havens - Bloomberg.co.jpMoney market funds were invented 37 years ago to offer investors better returns than bank savings accounts while providing a high degree of safety. Most of the $2.5 trillion sitting in these funds is invested in such assets as U.S. Treasury bills ...
Editorial Roundup - Huffingtonpost.comThe Blade, Toledo, Ohio, on U.S. Sen. Joe Lieberman: When we last left U.S. Sen. Joe Lieberman of Connecticut, the one-time Democratic vice presidential candidate was playing the turncoat, campaigning for his friend, Sen. John McCain, and making ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Land Transactions - Clanton Advertiser• American General Financial Services of Alabama, Inc. to Rene Delano, land located in Section 23, Township 22, Range 13. • Larry Davis and Darlene Davis to Frank Venezia and Mary Venezia, land located in Section 10, Township 23, Range 13 ...
November 2008 - ABC News BlogsABC News' Huma Khan Reports: Rep. Ron Klein, D-Fl., is reminding Americans to claim their money -- a total of 383,000 checks worth $266 million that could not be delivered by the U.S. Postal Service. It includes $163 million in economic stimulus ...
November 2008 - Posts - MSNBC FirstreadIn the hotly contested Minnesota Senate recount, missing ballots could provide another source of rancor between the two candidates. In a Franken camp teleconference call this afternoon, lead recount attorney Marc Elias stressed the need to find ...
The Clinton-Obama contest gets rougher - SalonSen. Hillary Rodham Clinton, D-N.Y., walks the stage at a town hall meeting at Columbia College in Columbia, S.C., on Jan. 13. Jan. 14, 2008 | COLUMBIA, S.C. -- Every warm-up speaker in a presidential campaign should aspire to be seen, heard (briefly ...
Truce in Wachovia battle extended to Friday - Raleigh News & ObserverStory Tools CHARLOTTE - In the fight for all or part of Wachovia, the three battling banks on Wednesday extended their legal truce until Friday at 8 a.m., as Citigroup and Wells Fargo continued to negotiate a possible carving up of the Charlotte ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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