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Forbes Names Hudson City Best-Managed Bank in America Two Years in a ... - MSN MoneyCentralPARAMUS, N.J. , Jan. 7 /PRNewswire-FirstCall/ -- Hudson City Bancorp, Inc. ("Hudson City") HCBK , the largest savings bank in the United States , was named one of the Best Big Companies in America and singled out as The Best-Managed Bank in America ...
2 standout fund managers to keep playing it safe - Arizona Daily StarBOSTON — Playing it safe paid off in 2008 for Tom Forester and David Ellison, two standout mutual fund managers in a year when winning meant losing less money than the competition. Forester's eponymous Fores-ter Value Fund (FVALX) focused on stocks ...
Standout 2008 fund managers staying defensive - Town HallPlaying it safe paid off in 2008 for Tom Forester and David Ellison, two standout mutual fund managers in a year when winning meant losing less money than the competition. Forester's eponymous Forester Value Fund (FVALX) focused on stocks that ...
INVESTING: When losing less is a win - Grand Forks HeraldBOSTON — Playing it safe paid off in 2008 for Tom Forester and David Ellison, two standout mutual fund managers in a year when winning meant losing less money than the competition. Forester’s eponymous Forester Value Fund (FVALX) focused on ...
Two standout 2008 fund managers take a cautious view of new year - Times-LeaderBOSTON — Playing it safe paid off in 2008 for Tom Forester and David Ellison, two standout mutual fund managers in a year when winning meant losing less money than the competition. Forester’s eponymous Forester Value Fund (FVALX) focused on ...
Of Mutual Interest: Two top fund managers stay defensive for now - Seattle Post IntelligencerPlaying it safe paid off in 2008 for Tom Forester and David Ellison, two standout mutual fund managers in a year when winning meant losing less money than the competition. Forester's eponymous Forester Value Fund focused on stocks that typically do ...
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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