Jenkins Bridge Mortgage Rates and Information Online from competing Lenders

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Great Wolf talking with lenders about mortgage extension - Milwaukee Journal Sentinel
Dec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...

Deed transfers for the Dec. 1-28 edition - Star-Banner
Warranty deed transfers in excess of $80,000 involving businesses as recorded at the Marion County Clerk of the Circuit Court's office from Sept. 29-Oct. 24. Compiled by Darrell G. Riley: Oct. 20-24: Steven Dube to S & S Group LLC. Marion County: $98 ...

Erie County Real Estate Transactions - Buffalo News
• 63 Fairlawn Drive, Edmund Karnofsky to Squire Shop Inc., $348,700. • 92 South Rockingham Way, GMAC Mortgage Llc to John F. Marcolini; Angela J. Marcolini, $340,000. • 248 Running Brook Lane, Drew A. Gundlach; Sandra L. Gundlach to Robert M ...

Packers release punter Frost - Milwaukee Journal Sentinel
Dec. 1, 2008 12:51 p.m. | The Green Bay Packers are releasing punter Derrick Frost after another poor outing yesterday against Carolina, coach Mike McCarthy said today at his weekly Monday news conference. McCarthy said the Packers don't yet have a ...

Father accused of killing son dies - Milwaukee Journal Sentinel
Ryan Dutter, 36, of Middleton died at University of Wisconsin Hospital, according to the Dane County coroner. He was taken to the hospital Tuesday morning after suffering a self-inflicted gunshot wound. His son Kyle Dutter died Tuesday after they ...

Incumbents Nass, Kleefisch, Zipperer easily re-elected to the Assembly - Milwaukee Journal Sentinel
In the 31st Assembly District, Nass, of Whitewater, bested Democratic challenger Frank Urban, a Dousman resident who recently retired from a career in nursing. The district stretches from parts of Walworth County in the south to Johnson Creek and ...

Dammit....where is my handout? - Globe and Mail
Ed Long from Canada writes: Gee .... the auto parts business is the only industry in trouble. What a relief. A notoriously outdated industry needs help during a recession. Andre Carrel from Salmo, Canada writes: Free The West Free The West from Free ...

Popularity doesn’t always transfer well - Atlanta Journal Constitution
In 1938 a popular president came to Georgia and urged the defeat of incumbent U.S. Sen. Walter F. George, who’d broken with him over his efforts to pack the U.S. Supreme Court. FDR’s involvement probably assured George’s re-election. A ...

UBS: ex-executive renounced $10M in exit pay - Buffalo News
Former UBS AG Chief Executive Peter Wuffli has renounced 12 million Swiss francs ($10.2 million) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, the bank said Sunday. A bank ...

Tories add $50B to plan to help ease credit crisis - Ottawa Citizen
The federal government and Bank of Canada have dramatically stepped up their efforts to manage the financial crisis with promises of further multibillion-dollar injections of liquidity into domestic mortgage and credit markets. But neither the ...

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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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