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Texas developer confirms $1.4-billion Southern California office ... - Los Angeles Times BlogsAnother big chunk of Southern California office property once owned by Los Angeles landlord Arden Realty Inc. changed hands again. A major Texas developer confirmed Monday that it took possession of 53 Southern California office buildings last week ...
A Rough January - Popsugar2008 got off to a rocky start when Britney was taken to the hospital for a psychiatric evaluation in early January. She was soon released. Link Time! 12/2 Privileged Rundown: Episode 11, "All About Love, Actually" Chuck Rundown: Episode Nine, "Chuck ...
Biggest Headline of 2008: Britney's Big Comeback - PopsugarDec 2 2008 - 3:30pm Today is a big day for Britney Spears — not only is it her 27th birthday, but her album Circus will be released today. We thought we'd celebrate her success and kick off our Best of 2008 fun with a slideshow looking back at ...
Sale of 53 Southern California office buildings confirmed - Los Angeles TimesA major Texas developer confirmed Monday that it took possession of 53 Southern California office buildings last week in a transaction valued at almost $1.4 billion after the previous owners were unable keep up their loan payments. Privately held ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. See the complete Your Money Matters report. The 35-year-old software-development project manager, who lives in Cary, N.C., has been socking ...
Savings Strategies - Wall Street JournalThe Game Plan takes a look at how some individuals and families are saving for retirement. You're invited to share your own retirement-savings plans by sending an email to reports@wsj.com . See the complete Your Money Matters report. The 35-year-old ...
Second national survey says race closer - Boston GlobeThe second national poll in two days is going against the grain, suggesting that the presidential race is tightening. The George Washington University's Battleground Poll , released this morning, has Democrat Barack Obama at 44 percent and Republican ...
HSBC Mortgage Corporation (USA), HSBC Bank USA, N.A., Freddie Mac ... - HispanicBusiness.comMIAMI, March 7 /PRNewswire/ -- Freddie Mac, HSBC Mortgage Corporation (USA), HSBC Bank USA, N.A., and Neighborhood Housing Services (NHS) today announced a countywide $25 million comprehensive homeownership initiative called SHOP-MIAMI in an effort ...
InstaLetters for November 8 - Asheville Citizen-TimesJim Ragano again confuses the causal chain (InstaLetter, Nov. 5) when he insists that “Fannie and Freddie were the main facilitators” of irresponsible mortgage lending. Wrong. The main facilitators were privatization, deregulation, and the Fed's ...
Market Report: Prudential pummelled by capital worries - The IndependentLabour 'broke' the economy, says Cameron Today in Politics: Cameron ends the truce James Daley: A volatile time for our pensions – but this is not the time to panic London shares climbing again French bank loses €600m in 'market incident' Dominic ...
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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