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Shrinky Dinks brand is for sale - Colorado Springs GazetteNORTH LAKE, Wis. • In 35 years, a business based on shrinking has expanded to include about 250 products sold in 42 countries around the world. Now Betty Morris, one of the inventors of Shrinky Dinks, is hoping that the value she created with her ...
Tide may be turning for homeowners - KGOSAN JOSE (KGO) -- For months the bailout for Wall Street hasn't trickled down to Main Street, but there are finally signs the logjam could be breaking. Some brokers are starting to see more elusive loan modifications. Racine Leon has spent the last ...
Dog Missing for Months Found 1,200 Miles Away in Chicago - FOX NewsRACINE, Wis. — Max the Maltese is headed home to Florida after the small dog vanished several months ago and finally turned up 1,200 miles away — in Chicago. Owner Richard Gonzalez of West Palm Beach, Fla., said Max went missing from his daughter ...
Foreclosure filings soar - Milwaukee Journal SentinelAmerica's home loans proved oversized for its wallets at the end of last year: New mortgage foreclosure filings hit a 37-year high. New foreclosure filings totaled 0.54% of all loans in the fourth quarter, bringing the total of mortgages in some ...
Late tax payments rise again in county - Milwaukee Journal SentinelMilwaukee County, including some of its most affluent suburbs, had a double-digit increase in the percentage of property owners unable to pay their tax bills in 2007, a trend that began last year with a 26% surge in the value of tax delinquencies in ...
Calling out Drudge on McCain volunteer's attack lie - San Francisco GateThe tale of the McCain volunteer who made up an attack is sad -- both for what she personally is going through and for what it says about our culture and media. First, to do what 20-year-old Ashley Todd allegedly did shows she is in a bleak, bleak ...
Calm down! He's not President of the World - Times OnlineWhen half of mankind seems lifted by hope, nothing looks meaner than to disparage the dream. But what is this Obama mania? The world did not change for ever on Tuesday. No messiah has come among us. Miracles have not become possible. There is no new ...
Linens 'n Things plans to go out of business - Biz TimesLinens 'n Things Inc., the bankrupt housewares store chain, plans to speed up the closing of all of its remaining 371 stores and begin its going-out-of-business sales earlier in the holiday season to avoid competition from other retail chains that ...
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 ...
Shrinky Dinks up for sale - Bismarck TribuneNORTH LAKE, Wis. - In 35 years, a business based on shrinking has expanded to include about 250 products sold in 42 countries around the world. Now Betty Morris, one of the inventors of Shrinky Dinks, is hoping that the value she created with her ...
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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