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Central California activists plead for foreclosure aid - The StateWASHINGTON -- Prayers and politics combined Tuesday as Fresno minister Bill Knezovich joined some 170 activists pleading for help with the foreclosure crisis that's stricken the San Joaquin Valley. Treasury Secretary Henry Paulson was absent and ...
Independent Investor: Half full or half empty? - Independent News OnlineNO MATTER HOW HARD I try to avoid it, the onslaught of depressing news, dire forecasts and plummeting markets beats down upon my head like a winter thunderstorm. Thanksgiving is around the corner. I don't even care. All I worry about is how to cut ...
Daily Digest - iBerkshires.comNo matter how hard I try to avoid it, the onslaught of depressing news, dire forecasts and plummeting markets beats down upon my head like a winter thunderstorm. Thanksgiving is around the corner. I don't even care. All I worry about is how to cut ...
btchakir's blog - Capitol Hill BlueNate was pretty accurate on the rest of the elections, but I'm not sure he's got it here. Last I looked, Coleman was ahead with about 70% of the votes counted and the challenges not being considered for several days. I wonder what he knows that the ...
November 2008 - Weblogs.baltimoresun.comReader Dave sends this nice letter to Obama's change.gov Web site, a propos of Saturday's column on layoffs. Dear President-elect Obama, Normally, I do not comment or send letters to elected officials, but since we are all looking for positive change ...
More Letters to the Editor - Seattle Post IntelligencerAfter reading Chris McGann's article regarding the Building Industry Association of Washington, I feel compelled to respond. The public has no idea what the BIAW does -- when it isn't smearing the governor. I'd like to shed some light on these guys ...
John...Ish... Ishmael from Brampton ON, Canada writes: - Globe and Mail>>>>Oswaldo I from Canada writes: These will be government (or government funded) jobs. No chance of getting the U.S. federal debt under control without massive tax increases. Posted 22/11/08 at 1:12 PM EST>>> Look to Canada for a moment: Government ...
November 2008 - Posts - MSNBC FirstreadSenate candidate Al Franken will not appeal a decision by the Minnesota State Canvassing Board, which today rejected the Democrat's request that rejected absentee ballots be included in the race's hotly contested recount. The canvassing board's ...
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 ...
Flaherty's instinct to cut out of step with world - Globe and MailRichard Stanczak from Corunna, Ontario, Canada writes: Typical Flaherty. He is still seething over his provincial defeat by Dalton Mcguinty which exposed his mishandling of the Ontario budget, leaving Ontario with a large deficit contrary to his ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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