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Door-to-door foreclosure outreach - Minnpost.com
Teams of volunteers hit the streets of North Minneapolis Monday evening, knocking on doors to offer help in avoiding the nightmare of foreclosure. The Northside Community Reinvestment Coalition (NCRC) and several partners and allies began working on ...

'Excellent credit to bankruptcy' in two years - News-Leader.com
Hoping to earn $50,000 in three years to help pay for their son's college education, an Iowa couple joined what was described as a risk-free housing investment program run by a Springfield company -- only to find their lives in financial ruins two ...

New Orleans home-loan program builds slowly - New Orleans Times-Picayune
After months of dickering and false starts, the centerpiece in New Orleans' strategy of clustering people in viable neighborhoods is finally off the ground with forgivable loans for first-time homebuyers. A handful of low- to moderate-income families ...

Some year-end strategies to cut your tax bill - WTVF
"Years like this offer the greatest opportunity to offset current or future capital gains or other income," says Josh Willard, senior vice president of the Coghlan Financial Group in San Diego. You must first use your capital losses to offset any ...

Matter Of Records: December 1 - Wichita Falls Times Record News
Kell Propane vs. M.A. Flaharity, 199 Homestead Ln., $211.40, V3308 P579. AT&T Advertising LP vs. Bruce Harris, 3002 Speedway, $4,396.00, V3308 P853. The Estate of Richard Lynn Fanchier, et al, vs. Wichita Falls Care Center Inc., 7473 Row 25, Orland ...

Berkshire County Real Estate Transactions - Berkshire Eagle
Wells Fargo Bank National Association, Countrywide Home Loans Servicing LP, Securitized Asset-Backed Receivables LLC 2005-Fr3 Mortg and Countryside GP LLC sold property at 47 Valley St., Adams, for $59,900 to Stephen T. Meczywor. Federal National ...

Virginia Father, Daughter Visiting India Confirmed Dead in Terror ... - FOX News
An American father and his teenage daughter were confirmed dead in the terrorist attacks in India by a Virginia foundation. Alan Scherr and his 13-year-old daughter Naomi of Faber, Va., were killed while they were in a cafe in Mumbai, a spokeswoman ...

Off-Topic: Why Citibank Should Vanish - Gigaom.com
After a long day, I returned home to find a mound of junk mail clogging my mailbox. Of note was a letter from Citibank informing me that it was jacking up the interest charged on my credit card, adding more fees for foreign transactions and other ...

Toys for Tots Drop-off Sites - WBAY Green Bay
Toys for Tots is collecting toys to make sure children in need get a gift during this holiday season. Toys donated in your area stay in your area. Please contact the webmaster to add, remove, or edit a drop-off site. The deadline for dropping off ...

The Financial Fire Trucks Are Gathering - Safe Haven
"It will therefore be crucial that you see the world anew. That means looking from the outside in to reanalyze much that you have probably taken for granted. This will enable you to come to an understanding. If you fail to transcend conventional ...

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Today's Mortgage Terms starting with D

  • Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
  • Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
  • Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
  • Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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