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Arkansans Lament Failed Vote - Southwest Times Record
WASHINGTON — Dismayed by the House’s rejection of a $700 billion economic rescue plan, Arkansas congressmen Monday warned of dangerous economic times ahead for their constituents. The state’s four lawmakers supported the bid to stabilize the ...

paid for by sales tax dollar signs - Manhattan Mercury
I generally try to stay away from this forum because it is usually just cut and paste nonsense from one side or the other. However, I couldn't let this one go. The republican vice-presidential candidate, after giving a totally stupid response to a ...

Arkansas House members lament bailout vote - Arkansas News Bureau
WASHINGTON - Dismayed by the House's rejection of a $700 billion economic rescue plan, Arkansas congressmen Monday warned of dangerous economic times ahead for their constituents. The state's four lawmakers supported the bid to stabilize the economy ...

Editorial: Putting party, pettiness,politics aside - Arkansas News Bureau
It's frighteningly disappointing that the first reaction by legislative leaders of both major political after the failure of the proposed $700 billion financial rescue plan Monday was to blame the other side. This is a collective failure. Democrats ...

Moran votes No on the bailout - Manhattan Mercury
Anyone else notice the similarities between the Wall Street bailout and the Dial "moral obligation" bailout? Paulsen could learn a thing or 2 from Kiolbasa. WASHINGTON, D.C. - Congressman Jerry Moran today released the following statement after his ...

Orange Stones Co. has a trail of names - Reading Eagle
It's hard to keep track of the firm now called Orange Stones Co. It changed its name three times in the past three years, and other companies have similar names. According to records from the Corporation Bureau, a unit of the Pennsylvania Department ...

Five to be inducted into Flint Bowling Hall of Fame - MLive.com
Ms. 300 will join four men next Sunday in receiving the area's ultimate bowling honor. Lena Redmond, who has rolled more perfect games than any other woman in area annals, will be inducted into the Flint Bowling Hall of Fame. George Dolan, Jerry ...

2 couples sue Snyder, mortgage company - Reading Eagle
Reading, PA - Two local couples who claim they were cheated by Wesley A. Snyder and SunTrust Mortgage Inc. sued the pair Friday in Berks County Court. The couples, Jamie H. and Donna L. Lorah of Exeter Township and Tamara R. and Jerry Getz Jr. of ...

South Florida Sun-Sentinel - Fort Lauderdale Sun-Sentinel
In a little less than three weeks, the nation's financial system has been torn apart. With shocking speed, Wall Street watched its major investment banks fail or turn themselves into commercial banks. Stocks tumbled. The government took over Fannie ...

Patience must be a virtue for Redskins - Realfootball365.com
If Redskins fans existed in the imaginary world of fantasy football, they probably would be scurrying to the waiver wire this week to scoop up New England quarterback Matt Cassell. Of course, in the real world of the National Football League, the ...

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Today's Mortgage Terms starting with A

  • Accrued Interest: Interest earned but has not been paid
  • Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
  • Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
  • Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
  • Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
  • Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
  • Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
  • Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
  • Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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