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Hub developer to bid for Longhill Gardens site - Union-News & Sunday RepublicanSPRINGFIELD - Proposing a $20 million affordable-housing project at the boarded-up Longhill Gardens condominiums, a Boston developer will seek to purchase the site at an auction on Dec. 4. Gilbert J. Winn, vice president of WinnCompanies of Boston ...
Korean War vets raise cash for nonexistent museum - Arlington Heights Daily HeraldSPRINGFIELD, Ill. -- A nonprofit group formed by Korean War veterans to construct a museum in Springfield has raised and spent more than $7 million over the last decade — but only has a temporary facility and a vacant lot to show for it, according ...
$7 million later, Korean War Museum still just a vision in Illinois - Quad-Cities TimesSPRINGFIELD — A nonprofit group has been collecting donations for a decade to establish a first-of-its-kind national museum in Springfield honoring veterans of the Korean War. The group has raised more than $7 million in that time — most of it ...
Recent foreclosures filed in Madison County - TelegraphThese are mortgage foreclosure cases filed recently in Madison County Circuit Court. The information shown is the case number, the defendant, property address and date of court filing. Oct. 14 08CH1209: Kevin Alexander, Angela Alexander and Madison ...
Making it work - Worcester Telegram & GazetteThrough all the difficulties, Mrs. Bennett and her husband, Gary A. Bennett, have worked to adapt to changing job situations and shifting financial demands. It’s a strategy that career counselors and job-search experts say can help individuals ...
Obama tells NY Times he'd do better without Fox News around - Los Angeles Times BlogsThe New York Times, of all places, has a long interview coming out Sunday with the freshman senator from Illinois, Barack Obama. In it, the Democratic presidential nominee, who's leading in most recent political polls, still bemoans the existence of ...
Real-Time News - Newark Star-Ledger• Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game They met as teenagers, finding a common bond ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
November 2008 - Posts - MSNBC FirstreadSenate candidate Al Franken will not appeal a decision by the Minnesota State Canvassing Board, which today rejected the Democrat's request that rejected absentee ballots be included in the race's hotly contested recount. The canvassing board's ...
Scientology intruder had been in Lane jail - Register-GuardFLORENCE — Mario Jay Majorski, shot dead on Sunday by security guards at the Church of Scientology Celebrity Centre in Hollywood, was released from the Lane County Jail because of overcrowding two weeks ago, the same day he was arrested by Eugene ...
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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