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Poconos mortgage suit set for February - Allentown Morning Call
A federal lawsuit filed six years ago alleging that more than 100 home buyers were defrauded by JP Morgan Chase Bank and a Poconos builder will finally go to trial in February. U.S. District Judge Christopher C. Conner on Friday set a Feb. 2, 2009 ...

Bill Miller - Chicago Tribune
Two large Baltimore employers are planning to either move some jobs from the city or sell their buildings, creating new office vacancies in a difficult real estate market. Bank of America will move a portion of its city operations and an estimated ...

'No-bama' cry greets McCain, Palin - Morning Call
The Republican presidential ticket of John McCain and Sarah Palin rallied a crowd of 6,000 at Lehigh University on Wednesday, outlining a plan to help homeowners refinance mortgages and pitching the Arizona senator as the ''reliable'' choice during a ...

Education Realty Trust Announces Third Quarter 2008 Results - MSN MoneyCentral
-- Total revenue for the quarter increased $4.1 million or 14.4% to $32.4 million and operating income declined $0.7 million to an operating loss of $0.2 million; -- Net loss from continuing operations was $7.3 million compared to a net loss of $5.8 ...

County sets foreclosure records - Pocono Record
Monroe County continues to set home foreclosure records, and the vast majority of foreclosure filings continue to take place in private communities. There were 365 foreclosure notices filed with the Monroe County Prothonotary's Office during the ...

Qualifying for rehabilitation funding may be difficult - Pocono Record
Purchase, rehabilitation and resale of foreclosed homes might hold the most promise for stabilizing home values and neighborhoods, two officials say, but first Monroe County has to qualify for the help. By some — but not all — measures, Monroe ...

'Muzzled' Biden's Halloween Present: A Press Avail - ABC News Blogs
ABC News' Matthew Jaffe reports: Earlier this week, Republicans claimed that Sen. Joe Biden, D-Del., had been “muzzled” by the Democratic campaign, noting that he had not held a full-fledged press availability with traveling reporters since a ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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