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White House Fact Sheet: Agreements of G-20 Summit - Wall Street Journal
President Bush And World Leaders Agree On The Washington Declaration to Address Current Financial Crisis Today, President Bush and world leaders gathered for the first in a series of meetings to discuss efforts to strengthen economic growth, deal ...

Martin and St. Lucie counties public records: Oct. 20 - Fort Pierce Tribune
•Lawrence Jordano Jr. v. Robert B. Turnage. •Wachovia Bank v. Michael D. Cooper. •Orix Financial Services v. High Times Crane Inc. •Bayview Construction Corp v. JCC & Association Construction. •Franklin Credit Management v. Ronald A ...

Knives come out for Sarah Palin - Globe and Mail
Oh BOY. The truth comes out!! The left, disliked John McCain, but the simply hate Sarah Palin. And they see what she may be capable of in 2012. I don't think the left killed her. I think with Obama's inevitable four years of failure superimposed on ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. President Bush And World Leaders Agree On The Washington Declaration to Address Current Financial Crisis Today, President Bush and world ...

GOPtrust.com to reveal Obama’s illegal plan - Thaindian.com
The National Republican Trust Political Action Committee (NRT PAC) launchs GOPtrust.com to provide information and their latest news who works with the motive of promoting American values. NRT PAC which was formed itself as an independent ...

Politics Today: McCain, Palin slinging mud from the gutter - Hanford Sentinel
You know what time it is when the gloves start swinging at rallies, the mud starts flying around the Internet, interesting photos start appearing in your mailbox (just wait), and the fact-checking staffs with the daily papers decide to take an early ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Friday in Weekend Cue about John Osmanski, founder of Osmanium's Crackheads chocolate-covered espresso beans, incorrectly stated that one box of Crackheads is equivalent to six cups of coffee, 7 1/2 energy drinks or 11 cans of cola ...

Radio & TV Talk - AccessAtlanta
All the entries posted in July. “Good Morning America” host Robin Roberts, who worked as a morning co-host at V-103 and a WAGA-TV sports broadcaster in the 1980s, announced today that she has breast cancer but she said she caught it early. “I ...

Letters to the Editor: Oct. 12 - Record Searchlight
This proposition does not seek to "protect marriage" but to "define marriage." Is it possible that you do not see the long-range ramifications this will have on many of our institutions if it does not pass? California has very strict anti ...

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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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