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Legendary top-gun lobbying duo at odds over money - The Columbus DispatchFor 20 years, Republican Neil S. Clark and Democrat Paul Tipps were Capitol Square's lobbying kingpins, partners who wielded more influence over public policy than most lawmakers and who forged a seemingly unbreakable friendship. Along the way, both ...
Clark County business calendar Nov. 23 - ColumbianFree weekly Q&A sessions: Waddell & Reed, Financial Advisors, will offer a question-and-answer meeting about the economy, 6:30-7:30 p.m. Nov. 26 at 1220 Main St., Suite 200 Conference Room, Vancouver. Register: Chris Finck, 360-694-1266 or cfinck ...
Las Vegas man pleads guilty to mortgage loan scam - Las Vegas SunA 64-year-old Las Vegas man, Mathew Marion, pleaded guilty this morning to a mortgage fraud scam. District Court Judge Michelle Leavitt sentenced Marion to pay a $20,000 fine to the state and ordered that he pay restitution to Clark County of $89,990 ...
Big losses feared at Lighthouse Inn - New London DayCity of New London, sewer and water liens totaling more than $2,500. U.S. Small Business Administration, original mortgage, $177,500. Maureen Clark, original mortgage, $642,000. Lighthouse Trust, original mortgage, $1.5 million. State Department of ...
Legendary Ohio lobbyist might sue former partner over finances - Columbus DispatchFor 20 years, Republican Neil S. Clark and Democrat Paul Tipps were Capitol Square's lobbying kingpins, partners who wielded more influence over public policy than most legislators and who forged a seemingly unbreakable friendship. Along the way ...
Kennesaw St. knocks off Clark Atlanta 70-60 - Buffalo NewsKelvin McConnell scored 31 points to lead Kennesaw State to a 70-60 victory over Clark Atlanta on Tuesday night. McConnell was 7 of 10 from the field and 13 of 14 from the line to lift the Owls (2-1), who shot 48.9 percent (23 of 47) from the field ...
Housing market feels declines similar to rest of state - Wausau Daily HeraldA decrease in home sales throughout central Wisconsin is consistent with the rest of the state, local real estate agents say. Existing home sales in Wisconsin fell 16.7 percent in the third quarter compared to the same period in 2007, according to a ...
Will voting on all tax increases fly here? - Wichita EagleVoters across the nation approved tax increases earlier this month to pay for projects ranging from high-speed rail networks to new schools to a mortgage program for veterans. New Sedgwick County commissioner Karl Peterjohn, a Republican, made voter ...
TD Bank to report $350 million in fourth-quarter credit losses - News1130.comTORONTO - TD Bank (TSX:TD) will book a $350-million loss on its wholesale banking operations in its fourth quarter, but will still have an overall profit thanks in large part to its successful retail banking operations. "We're clearly disappointed ...
Habitat helps family settle with new home - News-VirginianSTAUNTON — April Clark, her two children and her mother surveyed their nearly completed four-bedroom Augusta County home near Staunton on Sunday. The home is a Staunton-Augusta-Waynesboro Habitat for Humanity interest-free one. The house also marks ...

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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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