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Property Transactions - Daily Review & Sunday Review
Lasalle National Bank, EMC Mortgage Corp, POA, Lasalle bank National Association to Robin L. Farley of Canton for property in Canton Borough 1st Ward for $20,000. Anne Hart to Sharon L. Brady and Charles J. Brady III of Granville Summit for property ...

Straight from B.C., ideas as big as all Texas - Globe and Mail
FORT WORTH, TEX. -- It's not all gloom and doom in the United States. A spirit of optimism runs through Fort Worth, Tex., where one of North America's largest infrastructure projects is being built according to a radical urban-renewal design by ...

Comments in Granville get personal - Henderson Daily Dispatch
 OXFORD — A pre­election candidate forum in Oxford on Monday night turned into an intense verbal clash be­tween Democratic state Sen. Doug Berger and one of the local Repub­lican leaders, Jimmy Chalmers.   And that was followed by a spur-of ...

Dallas Morning News Charities launches 23rd campaign to feed the ... - Dallas Morning News
The Dallas Morning News Charities launched its 23rd annual campaign Tuesday to raise money for the homeless and hungry in a time of soaring needs. The fund drive, which lasts until Jan. 31, benefits 22 nonprofit agencies that provide food, clothing ...

PHOTOGRAPHED BY HARLEY SOLTES - Seattle Times
THE NEON SIGNS float like beacons in the night sky at one end of a welcoming, spacious downtown: red, tempting and foreign. GO BY TRAIN pleads one. GO BY STREETCAR urges the other. Something tells me we're not in Seattle anymore, Toto. No, we're in ...

Program to hold off foreclosure may be extended - Raleigh News & Observer
Sixty-one counties now participate in the loan program. Funds are distributed on a first-come, first-served basis. Loan payments are deferred for 15 years, or until the home is sold or refinanced. To be eligible for a loan, applicants must meet five ...

Moore, Cooper vie over lawsuit - Raleigh News & Observer
Treasurer Moore has hired a firm to lead Freddie suit. With $18 million in lost state pension fund investments hanging in the balance, State Treasurer Richard Moore and Attorney General Roy Cooper are battling over who should represent government ...

Drawing investment lessons from turbulent capital markets - AME Info
Actually this is not a market prediction from AME Info after observing the past seven days. It is what the 83-year old 1970s stock market guru Joseph Granville wrote to his newsletter subscribers in October last year. The statement by George Soros in ...

Residents in new subdivisions see high turnover, vacancies - Newark Advocate
NEWARK -- New subdivisions are known for a clean look, new roads, young families and few trees. Now, you can add real estate signs, vacant homes and vacant lots. Residents of the Potters Grove housing development, off Price Road in north Newark, know ...

Cutting budgets of police agencies is not the answer - Post-Star
The Washington County Deputy Sheriff's PBA would like to take this opportunity to address the proposed budget cuts to the Sheriff Department's Road Patrol. In an effort to decrease an 8 percent tax increase, the Board of Supervisors has asked the ...

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Today's Mortgage Terms starting with D

  • Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
  • Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
  • Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
  • Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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