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Title: Cunningham - Farmington Independent
Part of Lot One (1), Block Three (3), lying South of the North line of Lot Seven (7), Garden Homes, in Chateaulin Fourth Addition. and to parties, if any, in possession of said premises adverse to the Petitioner. Upon receiving and filing the Report ...

Foreclosure: Stekly - Farmington Independent
THAT all pre-foreclosure requirements have been complied with; that no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof; PURSUANT, to the power of sale contained in said ...

NOTICE OF FORECLOSURE SALES - Hastings Star Gazette
will be sold by the sheriff of said county at public auction on January 13, 2009, at 10:00 o'clock A.M. at Sheriff's Office, Law Enforcement Center, 1580 Highway 55, Hastings, Minnesota, to pay the debt secured by the mortgage, including costs and ...

University Bancorp Wins FastTrack Award - MSN MoneyCentral
University Bancorp, Inc. (NASDAQ: UNIB) has received a FastTrack Award from Ann Arbor SPARK. Founded in 1997, FastTrack is an annual program sponsored by Ann Arbor SPARK recognizing companies in Washtenaw County for outstanding business success. The ...

Home Valuations Provided by Licensed Appraisers at SimilarSales.com ... - Yahoo Finance
FARMINGTON HILLS, Mich., Nov. 17 /PRNewswire/ -- As home values continue their downward spiral and the U.S. grapples with the far-reaching effects of the economic meltdown, many homeowners are looking to the future with trepidation. Many homeowners ...

Home Prices Slide Amid Weak Sales - Morning News
SPRINGDALE -- Following declining home sales in Northwest Arkansas, regional prices dipped an average of 8 percent in October when compared with 2007, according to Mountdata.com , a real estate marketing company owned by Paul Bynum in Benton County ...

Webster Receives Funds Under Treasury Department's Capital Purchase ... - MSN MoneyCentral
--Webster issues 400,000 shares of preferred stock representing $400 million in new capital --Treasury Department receives warrants to purchase 3.3 million shares of Webster common stock WATERBURY, Conn. , Nov. 21 /PRNewswire-FirstCall/ -- Webster ...

SHERIFF SALES - Hastings Star Gazette
NOTICE OF SHERIFF SALE STATE OF MINNESOTA COUNTY OF DAKOTA DISTRICT COURT FIRST JUDICIAL DISTRICT Case Type: Mortgage Foreclosure by Action Court File No.: 19HA-CV-08-3656 Provincial Bank, Plaintiff, vs. LOL2, Llc, Key Community Bank, David P ...

UPDATE: Triumph turns to heartbreak - Daily Journal
Potosi High School runner Jacob Swearingen was on top of the world, celebrating his second year in a row as winner of the state high school cross country championship. He had come within 12 seconds of the state record and his time of 15:38 was only ...

Home Prices Rise in Some Metros, Buyers More Active in Other Areas - Earthtimes
WASHINGTON , Nov. 18 /PRNewswire/ -- Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly ...

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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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