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Foreclosures in southeastern Wisconsin jump 18% in September - Milwaukee Journal SentinelThe number of foreclosure filings increased in the seven-county area - Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha - from August, with Waukesha County posting its highest total since November. Overall, there were 933 ...
Bush says economy will be fine in the long run but says bailout plan ... - Minneapolis Star TribunePalin expands criticism of Obama to include Rev. Wright Site chosen for McCain's visit Friday to south metro McCain to be in Waukesha, Mosinee on Thursday Bush pushes Senate to confirm federal judges Palin ethics probes beset by secrecy and lawsuit ...
Business in brief - Milwaukee Journal SentinelCitigroup Inc.’s mortgage unit won $1.7 million in a lawsuit filed against a Wisconsin company over bad mortgage loans. CitiMortgage Inc. filed suit in August 2007 accusing Brookfield-based Paragon Home Lending LLC of making loans that didn’t ...
Government retiree benefits could hit area taxpayers hard - Milwaukee Journal SentinelWisconsin’s largest local government employers have about $6 billion worth of health insurance and other non-pension benefits they have promised to future retirees that they have yet to save up for, according to a new report. Of the nearly $6 ...
Crisis snags Main Street - Milwaukee Journal SentinelA corporate executive was about to buy a new $700,000 house in Waukesha County last week, but then had second thoughts. The uncertainty of the Wall Street financial crisis and the misgivings it’s stirred about the overall economy prompted him to ...
PMI Fall 2008 Risk Index Indicates Rising Foreclosures and ... - MSN MoneyCentralWALNUT CREEK, Calif. , Oct. 1 /PRNewswire/ -- PMI Mortgage Insurance Co., the primary U.S. subsidiary of The PMI Group, Inc. PMI , today released its Fall 2008 U.S. Market Risk Index(SM), which shows increases in foreclosures and unemployment have ...
Latest News - dBusinessNews.comLocal Computer Repair Shops Cringe With Fear Over New Website-Learn PC Repair For Free Milwaukee, WI June 23, 2008 -- A new website ... Mortgage Guaranty Insurance Corporation Enters Into Reinsurance Agreement MILWAUKEE -- MGIC Investment Corporation ...
PMI Releases Winter 2008 Risk Index - PR NewswireWALNUT CREEK, Calif., Jan. 15 /PRNewswire-FirstCall/ -- PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc. (NYSE: PMI ), today released its Winter 2008 U.S. Market Risk Index(SM), which ranks the nation's 50 largest metropolitan ...
PMI's Fall 2007 Risk Index Shows Risk of Home Price Declines Near All ... - PR NewswireWALNUT CREEK, Calif., Oct. 9 /PRNewswire-FirstCall/ -- PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc. (NYSE: PMI) , today released its Fall 2007 U.S. Market Risk Index(SM), which ranks the nation's 50 largest metropolitan ...
The 50 Richest Members of Congress - Roll Call OnlineEverything that you are about to read might be wrong. Roll Call’s annual attempt to rank the riches of Members of Congress is hampered by one fundamental flaw: It is based on the lawmakers’ financial disclosure forms, which are extraordinarily ...

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Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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