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NOTICE OF SHERIFF’S SALE: Case Number: 08-CV-465 - Hudson Star-ObserverU.S. Bank, National Association, as assignee of Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Centennial Mortgage and Funding, Inc., a national banking association, Plaintiff vs. John S. Bonhus and Lisa A. Bonhus ...
Suthers cracks down on mortgage fraud - Rocky Mountain NewsColorado Attorney General John Suthers today said he has reached settlements with three mortgage companies as part of a crackdown on false advertising that he launched about two years ago. Suthers said that Denver’s Arbor Financial Inc., 5280 ...
Suthers cracks down on mortgage ads - Denver Business JournalThree Colorado mortgage brokers have reached settlements with state Attorney General John Suthers to end what Suthers called the “deceptive use of teaser rates in mortgage-loan advertisements” in Denver newspapers. The agreements were part of a ...
Governor Ritter needs to be doing something about crisis in CO - Rocky Mountain NewsIt’s too bad that government can only subsidize corporate America so that the CEO’s and CFO’s can continue receiving their ridiculous salaries, stock options, retirement plans, etc. Now the automakers want a bail-out! Why can’t the government ...
Today's most viewed articles - Portsmouth HeraldI fully defend the right of Mrs. Nickerson and Mr. Bridle to vote their conscience to extend the SAU superintendent's contract by two years. If in their conscience votes they were not conscious of the failing record under the superintendent's ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. In a season of disappointment for investors who bet on pending mergers and acquisitions, there may be some relief in sight. First, shares of ...
RP economy strong, will weather global crisis, says expert - Manila Bulleting OnlineThe Philippine fiscal position is strong and manageable despite the looming economic recession in the United States, according to a finance expert who is an alumnus of Harvard Business School (HBS) of the 362-year-old Harvard University. Speaking on ...
Items pertaining to Fulton neighborhood - Southwest JournalARMATAGE — Principal Joan Franks was working with district and city officials to head-off what she termed “an accident waiting to happen” near Armatage Community and Montessori School in February. Franks said traffic near the intersection of ...
Centennial, MBIA, Rowan, Sotheby's, USG: U.S. Equity Preview - BloombergNov. 9 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading tomorrow. Stock symbols are in parentheses, and share prices are as of 5:30 p.m. in New York on Nov. 7, unless otherwise specified. Standard & Poor's 500 ...
Home sales drop, prices rise - Independent News OnlineHUDSON--The housing market nationwide is reeling from the sub-prime mortgage crisis and the overall economic downturn, but the outlook in Columbia County is mixed, say three local real estate agents and a mortgage broker interviewed over the last few ...
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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