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JOBS ON THE LINE: For some, jobs at new Massillon hardware store would ... - IndependentDennis Randolph inched his way toward the door like a Black Friday shopper waiting all night for the best deals. Randolph was in a line roughly 400-people long, but he wasn’t there to spend money. Rather, he was hoping to make a little. Randolph ...
From the police report... - Spokane Spokesman-ReviewState Rep. Geoff Simpson, D-Covington, was arrested Sunday afternon on charges of fourth degree assault and interfering with reporting of domestic violence. He says -- see below -- that the charges are baseless and that he'll be exonerated. In ...
Mortgage tax receipts - Daily Freeman & Sunday FreemanCommissioner of Finance William Carlin went further: "In all my 20 years in county government, I've never seen economic conditions so bad. The fall off in our mortgage tax revenue is indicative of the huge problems with housing and the economy at ...
Mortgage-fraud ringleader sentenced to 15 years - Columbus DispatchThe ringleader of a mortgage-fraud team was sent to prison for 15 years today after he and seven others were found guilty of defrauding lenders out of more than $1.1million in property loans. Kim Anderson, 46, of Powell, was found guilty by a ...
Churches, temples building faith in the crumbling economy - Danbury News-TimesAfter years of trying to wedge one more chair into a shoebox turned sanctuary in Brewster, N.Y., Rabbi Solomon Acrish and others began looking at plans for a new temple in the mid-1990s. Acrish, the rabbi at Temple Beth Elohim for the past 42 years ...
Massive mortgage squeeze - bbcNet new mortgage lending is likely to fall to less than zero next year, according to a report commissioned by the Treasury from Sir James Crosby, the former chief executive of HBOS, owner of the Halifax. Sir James is warning that as homeowners are ...
Animal Crossing: Wild World Hints XXXVII (DS) - SoftpediaAnimal Crossing: Wild World features a very minimal plot. The objective of the game is to pay off a debt to Tom Nook, who allows the player to move into a house he owns. If the mortgage is paid off, the player's house will expand until upstairs, left ...
Ringleader sentenced to 15 years - Columbus DispatchThe ringleader of a mortgage-fraud team was sent to prison for 15 years yesterday after he and seven others were found guilty of defrauding lenders out of more than $1.1 million in property loans. Kim Anderson, 46, of Powell, was found guilty by a ...
Every inch their own home - Pittsburgh Post-GazetteBoard members of the McKeesport Neighborhood Initiatives, from left, Waliyyuddin Muhammad; Sheryl Ward, consultant for McKeesport Weed and Seed; Lani Temple, MNI executive director; and Sheryl Sears, treasurer, stand in front of one of the four new ...
City tax rate discussed - Alpine AvalancheTwo citizens showed up at Tuesday evening’s brief Alpine City Council meeting to speak at the second public hearing on a proposal to increase tax revenues. The city proposes to adopt a rate of 55 cents per $100 valuation. If the rate is approved ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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