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Voices: Unique Joplin metro - Joplin GlobeMost of the Joplin metropolitan area is included in Newton and Jasper counties. “The Best Towns in America” by Houghton Mifflin Company lists Joplin as one of the 50 best towns in America. This decision was based on having good educational ...
Publishers bet big on Obama - Politico.comThe publishing industry is betting on Barack Obama like no president in decades. Since Election Day alone, more than half a dozen book deals have been signed to exploit Obamania. Two dozen books in the works range from the serious to the silly. There ...
Berks County Week in Review - Reading EagleA recap of the week’s top news stories including State Representative Doug Reichley criticizes Gov. Rendell for bailing out Boscov’s, Reading City Council approves a property tax hike, UGI announces rate cuts, and security measures are being ...
A call to aid the financial system - Boston GlobeLate Monday afternoon, in a quiet office at the US Treasury in Washington, D.C., State Street Corp. chief executive Ronald Logue placed a call he never expected to make. Logue had been summoned to the capital personally by Treasury Secretary Henry ...
Mon Valley: What people are saying about the Bush legacy - Pittsburgh Post-GazetteThe transition to a new president of these United States is about to start. As we go out with the old, in with the new, we asked some residents in neighborhoods in the Mon Valley how they think history will remember George W. Bush. What is his ...
Business news briefs - Pittsburgh Post-GazetteDick's Sporting Goods Inc. is lowering fiscal-year earnings estimates and this holiday is bracing for a 6 percent to 10 percent drop in sales at established stores. The Findlay retailer reported a 2.8 percent same-store sales drop in the quarter ...
PROFESSIONAL IRELAND - Irish EmigrantProviding an active network for the Irish business community and knowledge workers worldwide. Read by more than 28,000 subscribers throughout the high-tech sector and in more than 600 universities, academic and research institutions in over 150 ...
October 2008 Archives - Meganmcardle.theatlantic.comHalloween is such a happy holiday. No outsized expectations to get depressed about; just the blissful memory of too much candy. And I'm lucky enough to live near gay areas, which always do halloween right; I passed some amazingly decorated houses and ...

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Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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