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Lender ordered to pay couple $84K - Maryland Daily RecordA Baltimore County jury has awarded $84,001 to a couple after they were charged additional, undocumented fees on their mortgage by a lender who also hindered their ability to sell their home. Vincent S. Serio was ordered to pay damages to John and ...
REQUIRED READING - New York PostYou will want to read Naipaul's books. You will not want to invite him to your Christmas party. Trinidad-born literary giant V.S. Naipaul made fun of people with darker skin than himself, and was annoyed that his wife took too long to die of breast ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. When Deal Journal told people we were going to cover an event honoring the 25 Most Powerful Women in Banking, a common reaction was: “There ...
John S.W. MacDonald - New York ObserverAs this blog encompasses culture, I suppose we’re contractually obligated to mention this year’s Grammy nominations. So here goes… The lucky nominees were announced last night at LA's Nokia Theatre during a live televised event that CBS humbly ...
Ramblin' On - Atlanta Journal ConstitutionAll the entries posted in November. If any Tech fans out there are still holding out to see what Paul Johnson is all about…well, I don’t think they’ll ever be convinced. I’ll admit that I was “cautiously optimistic” going into this season ...
Fred Russell case may spur tougher drunk-driving penalties - Spokane Spokesman-ReviewFred Russell may be sitting in a cell, but his name’s popping up frequently in Olympia, where state lawmakers are weighing changes to catch drunken drivers and toughening the sentences for those who kill. “We will tell people once and for all ...
Hip-Hop Rumors: Young Buck Signs To T.I.? Disturbing Tha Peace Fight ... - allhiphop.comYou know how Barack said he wasn’t going to take money from the big corporate financers and really relied on the people? Well, that is how I am going to approach the rumors from here on! I want the thousands of people that read this page to help me ...
STANTON BARRETT RISKS HIS LIFE SO HE CAN RISK HIS LIFE - FOXSports.comI'M WARNING you at the door: This is a love story with no satisfaction. It's got plenty of Hollywood but none where you really need it. The hero will do anything to possess the one he has loved since adolescence. He'll run through flames, jump off ...
Sound off on Vazquez deal - Atlanta Journal ConstitutionThe entry titled "Hampton is gone, while Peavy is ...," and any of the comments about it. Come back … no, good riddance … Please stay, we need you … no, please just go. Does that pretty much summarize the polarizing presence that was Mike ...
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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