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How living small really means living and giving big - Evansville Courier-Press
When Dee Williams of Olympia, Wash., decided to leave her 1,500-square-foot craftsman bungalow home for about a 100 -square-foot home, there were very few people who could understand why. "Even I was nervous. I kept on thinking, 'This is smaller than ...

Fred Russell case may spur tougher drunk-driving penalties - Spokane Spokesman-Review
Fred Russell may be sitting in a cell, but his name’s popping up frequently in Olympia, where state lawmakers are weighing changes to catch drunken drivers and toughening the sentences for those who kill. “We will tell people once and for all ...

An election ends, but union ads march on - Bangor Daily News
The 2008 general election is over, with Barack Obama winning the race for president and Susan Collins easily being re-elected over challenger Tom Allen to represent Maine in the U.S. Senate. But Mainers are still seeing issue ads similar to those ...

How to request your own Homeland Security file... - Spokane Spokesman-Review
Via the First Amendment Project, here's an easy-to-use website that walks you through requesting a copy of whatever dossier the Department of Homeland Security might have compiled on you so far. From the website: The Department of Homeland Security ...

A community in limbo - Everett Herald
EVERETT -- When James Splitt moved to Mariner Village mobile home park, there was a waiting list. Four years later, the 87-year-old man's two next-door neighbors are gone, along with a third of the seniors who once filled the close-knit community in ...

Business openings for Galveston County - Galveston County Daily News
WHO: 3-Share Plan WHAT: Health benefits program WHERE: UTMB clinics in Texas City, League City and Friendswood; and UTMB Island clinic on Stewart Road in Galveston CALL: 866-607-0108 WHO: A B Sign Shop WHAT: Signs, banners, wide format printing, etc ...

November 2008 - Posts - MSNBC Firstread
Senate candidate Al Franken will not appeal a decision by the Minnesota State Canvassing Board, which today rejected the Democrat's request that rejected absentee ballots be included in the race's hotly contested recount. The canvassing board's ...

AP IMPACT: Mortgage firm arranged stealth campaign - USA Today
WASHINGTON — Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control ...

Possum urine, spent syringes and other tactics of mortgage scammers - Palm Beach Interactive
Subprime loans are gone, but mortgage fraud is alive and well, a Freddie Mac mortgage fraud investigator says. During the mortgage fraud boom, predatory borrowers overpriced properties, took out 100 percent financing, paid the seller a lower price ...

Gregoire seeks immediate economic stimulus package - Seattle Post Intelligencer
OLYMPIA -- Gov. Chris Gregoire, diving into her second term after a convincing election victory, is pushing a $300 million economic relief package aimed at helping families who are struggling to make ends meet. Gregoire said she's also working with ...

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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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