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People on the Move - Buffalo Business First
Dungan Nequette Architects, a Birmingham-based architecture firm, recently hired Kelly Freeman Butler to its interior design team. Butler’s responsibilities include selecting color, finish, lighting and fixtures as well as furnishings for various ...

Dayton Music Fest - Dayton Daily News
2008 homecomings Chain saws were buzzing around the city of Dayton on Tuesday as a workforce of 150 ensured all major thoroughfares and most residential streets were cleared of debris. Fred Stovall, director of Department of Public Works, said the ...

Lennar's new homes fetch 60% less as market slump deepens - Denver Post
Lennar Corp.'s November sale of 11,000 properties in eight states set a price that may mark the bottom for the U.S. housing market: 40 cents on the dollar. That's how much Morgan Stanley Real Estate paid for an 80 percent stake in the 32 communities ...

Daily Report - Baton Rouge Business Report
Republican John McCain says he's directing his staff to work with Barack Obama's campaign and the debate commission to delay Friday's debate because of the economic crisis. In a statement, McCain says he will stop campaigning after addressing former ...

Dayton Band Festival - Dayton Daily News
2008 homecomings Crews work to strip cable from a downed 138,000-volt DPL transmission line on Tuesday, Sept. 16. According to Bryce Nickel, DPL vice president for service operations, 13 poles along the line in Greene County's Sugarcreek Twp. snapped ...

Public Notices - Columbia Star
Mark Conklin, 14 Crowson St, Sumter, SC 29150. Carolina Title Loans, 7118 Two Notch Rd, Cola, SC 29223. Accrued Charges: $2610.00 The owner /lienholder may reclaim vehicle or within fifteen (15) days of this notice by paying to the custodian of the ...

Mother-and-son art dealers in Mandeville charged with scamming ... - New Orleans Times-Picayune
A mother and son team who ran a Mandeville art gallery is facing federal fraud charges for allegedly passing off Chinese-made paintings as original works of local art. Constance "Connie" Breithoff, 60, and Christopher Breithoff, 35, imported ...

Business Agenda - Cincinnati.com
TipClub Cincinnati: 7:30-9 a.m., The Bankers Club, 511 Walnut St, suite 3000, 30th floor, downtown. Networking event. Free. Details: www.tipclub.com/meetingregistration.asp . eWomenNetwork: 11:30 a.m.-1:30 p.m., Taft Museum of Art, 316 Pike St ...

Matter of Record, September 22 - Wichita Falls Times Record News
Enercon Technologies vs. Washex Inc., 5000 Central Frwy. N., $58,657.11, V3287 P668. Midland Funding vs. Raul Torres Sr., 411 Kelly, Burk, $6,627.82, V3289 P412. State Farm Mutual Automobile Insurance Co. vs. Jason Sokora/Amie Goins, 2414 Dartmouth S ...

Hurricane Ike surge breaches, overtops some levees, floods homes ... - New Orleans Times-Picayune
Storm surge from Hurricane Ike is causing widespread flooding in communities outside levees in the New Orleans area, however earlier reports of a levee breach in Plaquemines Parish were false. Elsewhere in the state, surge from Ike has breached or ...

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Covington

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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