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From staff and wire reports - USA TodayNEW YORK — Alleged Ponzi scheme mastermind Bernard Madoff sent packages containing at least 16 watches and a diamond necklace to family members over the holidays, prosecutors said in court documents Wednesday as they argued that he be jailed right ...
Exotic dance + psychic healing = happy campers - Contra Costa TimesImagine Dr. Ruth as a slender blonde with a fountain of curls in a pink, rhinestone-studded thong. That's getting close to describing Karin Fogerty, who has figured out how to unite mind with body in an unusual way. The Bay Area native has created a ...
Pending home sales index down 4% in November - MarketwatchWASHINGTON (MarketWatch) -- In a sign that further weakening may be in store for the U.S. housing market, an index of sales contracts on previously owned U.S. homes fell 4% in November from the prior month, the National Association of Realtors ...
Texas Capital Bank marks 10 years in Fort Worth - Fort Worth Business PressTexas Capital Bank marked its 10-year anniversary in December 2008. Mike Palmer, president of Texas Capital Bank – Fort Worth, started on the bank’s opening day and also is marking his 10th year as the Fort Worth regional bank’s president ...
Charles Barkley hires noted DUI attorney - USA Today BlogsCharles Barkley has hired a noted DUI attorney to represent him as he awaits his Jan. 20 court hearing after getting arrested last week on suspicion of drunken driving. "Mr. Barkley, who has no prior DUI convictions, believes wholeheartedly in the ...
Matter of Record, January 5 - Wichita Falls Times Record NewsState Farm Mutual Automobile Insurance Co. vs. Joshua Eric Melton, 4118 Palomino, $4,616.49, V3317 P802. County of Williamson vs. Travis A. Holland, et al, 1419 N. 7th, $2,025.29, V3318 P20. Gant, Kenneth Adrian, Wichita County, Chapter 7, Date Filed ...
He uses his teabags three times and he's getting married for £500 ... - Daily MailThey say you can tell a lot about a man from his shoes. So where on earth do you begin with Ieuan Butler, a 39-year-old builder from Wales? The boots he is wearing today are the boots he has worn every day since, er, he can't remember. Perhaps the ...
When rental houses are foreclosed on, tenants suffer - Fort Worth Star-TelegramSPECIAL TO THE S-T/RICHARD W. RODRIGUEZ Audrey and Will Pinkerton and daughters Kate, 7, and Alex, 12. They’re staying in their foreclosed-on rental house until they move into a house they bought. SPECIAL TO THE S-T/RICHARD W. RODRIGUEZ Eight ...
UPI NewsTrack Business - United Press InternationalNEW YORK, Jan. 6 (UPI) -- U.S. markets started a report-heavy Tuesday with an upswing, as investors looked to extend a rally that began in late December. "I think this still has some way to run," Philippe Gijsels, a strategist at Fortis NV, told The ...
Land transactions for Jan. 4 - Clanton Advertiser• William Gerald McKinnon Sr., Linda C. McKinnon and William Gerald McKinnon Jr. to Karen M. Parker, land located in Section 6, Township 22, Range 15. • Kristi Lowery to Shelby R. Lowery and Phillip J. Lowery, land located in Section 17, Township ...
Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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