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Chicken vs Egg: Does Suburban Sprawl Represent the Free Market or Over ... - TreehuggerChicken vs Egg: Does Suburban Sprawl Represent the Free Market or Over ...TreehuggerEliminate mortgage interest deductibility, which promotes home ownership over rental for no good reason. 3. Charge development fees based on all of the ...and more »
Arlene Dickinson: The Den's storytelling Dragon - Toronto StarArlene Dickinson: The Den's storytelling DragonToronto StarThe two executives balance each other, says Cioffi, adding, "She is usually over the moon and it is up to me to be the Chicken Little. ...and more »
Chicken Little has come out and said the Sky is Falling! - The Chicago 77 (blog)The Chicago 77 (blog)Chicken Little has come out and said the Sky is Falling!The Chicago 77 (blog)Between the Fed's FOMC minutes from its last meeting and the raise in the discount rate on Friday, prices in the mortgage-backed securities market have ...and more »
Farr: Are You Sure It's A Bull? It Tastes Like Chicken - CNBCFarr: Are You Sure It's A Bull? It Tastes Like ChickenCNBCThose housing prices are being artificially supported by mortgage remediation plans (to keep folks from bankruptcy), homebuyer tax credits from the ...
About this author: - Seeking Alpha (blog)About this author:Seeking Alpha (blog)At this point all three of the DC mortgage lenders are pulling on the credit reins. It is obvious from the report the direction that has been taken. ...and more »
Justices to Hear Case of Protest at Marine Funeral - New York TimesJustices to Hear Case of Protest at Marine FuneralNew York TimesHe said the law in this area had turned into a turducken — a chicken stuffed into a duck that is then stuffed into a turkey. ...and more »
Business briefs, March 9, 2010 [The Santa Fe New Mexican] - Insurance News Net (press release)Business briefs, March 9, 2010 [The Santa Fe New Mexican]Insurance News Net (press release)The rate of foreclosures among outstanding mortgage loans in Santa Fe was 1.64 percent in January 2010, compared with January 2009, when the rate was 0.84 ...
Bubble and squeak as first home buyers feel the heat - Sydney Morning HeraldBubble and squeak as first home buyers feel the heatSydney Morning HeraldInterest rate strategist Rory Robertson of Maquarie Bank dismisses the ''Chicken Littles'' as increasingly irrelevant. ''Australia has a very low mortgage ...
Employers vs. Consumers: Who will blink first? - The Associated PressEmployers vs. Consumers: Who will blink first?The Associated Press"There's a little bit of a standoff — a chicken-and-egg problem," said Robert Reich, a professor of public policy at University of California, Berkeley. ...and more »
Keys RV park has new life as music venue - MiamiHerald.comKeys RV park has new life as music venueMiamiHerald.comTed Daley, of Cape Cod, barbecued chicken while drinking a giant-sized margarita and watching the concert from his waterfront RV site. ...and more »
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.
View all Terms