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Teague leads Wake Forest past UTEP 82-79 - FOX NewsANAHEIM, Calif. — Jeff Teague capped a 29-point performance by making two free throws with 14 seconds remaining, leading No. 19 Wake Forest to an 82-79 victory over Texas-El Paso in the 76 Classic on Friday. James Johnson added 18 points and Al ...
Small-business credit - Daytona Beach News-JournalSmall-business credit BANK LOANS: Small community and regional banks seem to have money to lend to small businesses with better terms than large national banks. Smaller banks are run more conservatively and make fewer subprime mortgage loans. ...
RBC Bank hit by Fannie-Freddie slide - Raleigh News & ObserverStory Tools Count Raleigh-based RBC Bank among the banks across the country taking significant financial hits because of their investments in Fannie Mae and Freddie Mac. RBC said in a brief statement Tuesday, without providing details, that its ...
Bank of Commerce Holdings(TM) Adds New Consultant to its Financial ... - Yahoo FinanceREDDING, Calif., Sept. 8 /PRNewswire-FirstCall/ -- Patrick J. Moty, President & CEO of Bank of Commerce Holdings (Nasdaq: BOCH - News ), a $630 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville ...
Fulton County Records - Canton Daily LedgerFirst Franklin Mortgage Loan Trust 2007-2, LaSalle Bank National Association as Trustee to LaSalle Bank National Association as Trusee and Merrill Lynch First Franklin Motgage Loan Trust. Nov. 10. Kouri Mortgage Inc. by Nominee and Mortgage ...
Business Briefs: NHI announces fourth quarter dividend - Daily News JournalNational Health Investors Inc. (NYSE: NHI) of Murfreesboro announced Monday that it will pay a fourth quarter dividend of 55 cents per common share to shareholders of record on Dec. 31, payable on Jan. 30. NHI, located at 750B South Church St ...
Bank of Commerce Holdings(TM) to participate in U.S. Treasury's ... - EarthtimesREDDING, Calif. , Nov. 13 /PRNewswire-FirstCall/ -- Patrick J. Moty , President & CEO of Bank of Commerce Holdings (Nasdaq: BOCH), a $650 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank ...
Lake City Bank Reports 3rd Quarter Results - MSN MoneyCentralWARSAW, Ind., Oct. 27, 2008 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported quarterly net income of $5.2 million for the third quarter of 2008 versus $4.4 million for the third ...
Business News - Corsicana Daily SunThe regular monthly luncheon of the Navarro County Board of Realtors was held at noon Sept. 18 at the Holiday Inn Express in Corsicana. Community National Bank and Trust sponsored the luncheon and Gerry Harris of St. Elmo Country Store catered. Dr ...
Dropping Anchor: Bank's stock plummets, but officials optimistic about ... - Wisconsin State JournalMadison's largest home-grown bank is smarting. Stung by a series of problem loans -- including $48 million in a bankrupt downtown Milwaukee condo project -- AnchorBank has seen its stock price plummet and its balance sheet deteriorate. Shares of ...
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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