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News about Mortgages:
Deed transfers from Oct. 6-Nov. 2 edition - Star-BannerJohn Sanders to Jlotto Land Group LLC. Marion County: $80,000. J.H. Lybass Jr. Family LLC to T. Paul Bulmahn. Marion County: $800,000. Lifepointe Village Summerfield LLC to Lifepointe Village, Village View LLC. Marion County: $968,000. Ferguson ...
The Great Mortgage Swindle - The Taxpayers Lose Again - Newsblaze.comIn 1938, the Federal National Mortgage Association (Fannie Mae) was created to help Americans get mortgages. Fannie Mae is a private GSE (Govt. Sponsored Entity) regulated by Congress and it was created to help the country get out of the depression ...
Hannity again misled on Raines' purported role with the Obama campaign - Media MattersSummary: On two recent editions of Hannity & Colmes , Sean Hannity claimed that Franklin Raines is an "economic adviser" to Sen. Barack Obama, in one case citing " The Washington Post " as a source for his claim. However, both Raines and the Obama ...
Matter of Records, October 6 - Wichita Falls Times Record NewsCitiBank SD vs. Mary Ann Elkins, 2308 Antigua, $9,285.37, V3293 P887. Texoma Community CU vs. Justin Brucker, Rt. 1, Box 3, Devol, Okla., $8,908.59, V3293 P892. CitiBank SD vs. Kathy O. Rivers, 2920 Moffett, $2,973.39, V3294 P7. Morrison Supply Co ...
Dominic Lawson: Democrat fingerprints are all over the financial ... - The IndependentTraders work on the floor of the New York Stock Exchange Of all the characteristics of a successful politician, none is more essential than bare-faced cheek. Never has this been more evident than in the past fortnight, as senior Democrat members of ...
Site Presented By - SalonIf the first 45 minutes of trading on the New York Stock Exchange Monday morning is any indication, then this week will indeed be, as econoblogger Felix Salmon predicted before the markets opened, another "long week." The Dow Jones Industrial Average ...
Haunted by history - Guardian Unlimited'They have waited until something has cracked and then at the last moment have sought to prevent total collapse." Those words, which could so easily have come from one of the congressional representatives who this week voted down the proposed federal ...
Democrats Blocked Mortgage Regulations - The BulletinEditor's Note: This is the second in a series illustrating that while Wall Street was not without responsibility for the mortgage crisis, government policy initiated it - and efforts by community advocates, as well as politicians, prevented attempts ...
Do Facts Matter? - Post ChronicleAbraham Lincoln said, "You can fool all the people some of the time and some of the people all the time, but you can't fool all the people all the time." Unfortunately, the future of this country, as well as the fate of the Western world, depends on ...
Barack Obama cites Franklin D Roosevelt in push to tackle 'American ... - The AustralianDEMOCRATIC White House candidate Barack Obama has warned Americans "we cannot fail" after flying into Washington to vote for a $US700 billion bid to quell the financial crisis. Senator Obama invoked former president Franklin D. Roosevelt, who was ...

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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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