Lancaster Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Jobs on the horizon in Lancaster County - WCNCLACASTER COUNTY, S.C. -- Titanium Holdings, a mortgage counseling call center, is going to be moving into the former HBSC Mortgage Service Building in the panhandle. The company expects to create 500 jobs over the next three years. The Lancaster ...
Company bringing 500 jobs to Lancaster County - The StateA company that acts as a go-between for mortgage companies and delinquent homeowners plans to build its headquarters and bring as many as 300 jobs to Indian Land, state officials said. The 42,000-square-foot headquarters for Titanium Holdings Inc ...
Editorial: Fed Targets Mortgage Markets - Philadelphia Daily NewsThe federal government's dizzying series of bailouts finally has taken aim at the industry where the cash can do the most good - housing. The Federal Reserve's decision to buy $500 billion of mortgage-related debt from Fannie Mae and Freddie Mac was ...
Unemployment rate ticks up in Chester County - Daily Local NewsMuch like the rest of the nation, Chester County's unemployment rate rose in October in the wake of the recession. October's rate was 4.4 percent on a seasonally adjusted basis versus 4.3 percent in September, figures released Thursday from the ...
Titanium Holdings Selects South Carolina as Headquarters Location - EarthtimesFORT MILL, S.C. - (Business Wire) Titanium Holdings, Inc. recently announced that it has selected a headquarters location in Fort Mill, S.C. that will accommodate its explosive growth and the strategic expansion it is implementing to meet industry ...
Saturday profile: A deafening silence greeted Crosby report - Scotsman.comCREDIT crunch fatigue must be setting in. If, at this time last year, a former top banker and leading regulator had proposed that the government should hand over £100 billion to banks in return for their mortgages, there would have been blood. t in ...
Kiplinger names Clarksville as # 2 in the Nation for Housing ... - Leaf ChronicleWith foreclosures skyrocketing and home prices plummeting, real estate has had a tough year. But in certain pockets across the country the damage has been minimal -- if nonexistent. We found six cities with slow, steady growth, using data from Fiserv ...
IVA for People with Bankruptcy: Helping You Manage Your Debt - Best SyndicationBankruptcy is something that is entered in to when a person cannot pay his or her debts. It means all the debts are written off. Sounds good right? Well it’s not that simple and there are many consequences. Individual Voluntary Arrangements were ...
New FEMA maps place more than 200 homes in floodplain - Lincoln Journal StarA bureaucratic tidal wave of sorts hit Waverly recently when the Federal Emergency Management Agency informed the city that new maps place 204 homes in a floodplain, or flood-prone area. None of those homes was in the floodplain before, city ...
Party hardly - TradingMarkets.comAs the economy continues its tailspin, businesses across the Charlotte region are scaling back or scrapping holiday celebrations, with some pulling out of contracts just this month, say caterers, event planners and venue managers. For many, it's ...
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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