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News about Mortgages:
Glenn Beck: Would Our Founders Recognize the 'Slaughter Rule'? - FOXNewsGlenn Beck: Would Our Founders Recognize the 'Slaughter Rule'?FOXNewsEven as the head of the Senate Banking Committee, Chris Dodd, was working out sweetheart deals on his mortgage, his mortgage lender was helping cause the ...
Republicans Attack Obama Mortgage Modification Program - UPI.comRepublicans Attack Obama Mortgage Modification ProgramUPI.comUPI/Alexis C. Glenn | Enlarge This week two influential House Republicans introduced a partisan flavor to the government's efforts to reduce foreclosures by ...and more »
Brewing tensions between the Tea Party and GOP - ReutersReutersBrewing tensions between the Tea Party and GOPReutersFollowing the early rallies, the Tea Party movement evolved quickly, cheered on avidly by right wing commentators, above all Glenn Beck on cable channel Fox ...Oregon's Tea PartyLake Oswego ReviewSPECIAL REPORT-Brewing tensions between the Tea Party and GOPForexyardall 141 news articles »
Fannie, Freddie go after bad loans - NorthJersey.comUPI.comFannie, Freddie go after bad loansNorthJersey.com"If you're being hit with a lot of repurchases very suddenly, the easiest thing to do is to tighten your standards rapidly," said Glenn Boyd, ...Geithner vows to continue financial stabilizationWashington PostGeithner:will soon set out principles for GSE reformReutersall 270 news articles »
Software Maker, Clothing Designer, Other Entrepreneurs Honored - Orange County Business JournalSoftware Maker, Clothing Designer, Other Entrepreneurs HonoredOrange County Business JournalGlenn Stearns, chief executive of Santa Ana-based mortgage lender Stearns Cos., was the event's keynote speaker. He also was an award winner in 2007, ...and more »
Report mortgage fraud - Modesto BeeReport mortgage fraudModesto BeeSuspicious of real estate or mortgage fraud? Contact Glenn Gulley, criminal investigator for the Stanislaus County district attorney's office at 525-5550 or ...Central Valley counties are major areas for cheaters targeting lendersMerced Sun-Starall 3 news articles »
Local teens help to build affordable, handicap-accessible home - NorthJersey.comNorthJersey.comLocal teens help to build affordable, handicap-accessible homeNorthJersey.comThrough professional services and financial donations from Glenn Stubaus, AIA, of Molinari Stubaus Architects, Thrivent Financial For Lutherans, ...and more »
After the Fall - Huffington Post (blog)After the FallHuffington Post (blog)Glenn Beck's populist 9.12 Project is officially based on 9 principles and 12 values--smaller government chief among them--but those numbers aren't a ...
Great Time to Buy (Famous Last Words) - New York TimesNew York TimesGreat Time to Buy (Famous Last Words)New York TimesRobert F. Bukaty/Associated Press An ad for mortgage rates last year at a bank in Maine. The general direction of interest rates is one thing that a ...and more »
Glenn Beck, Think Before You Preach - Human Events (blog)The LocalGlenn Beck, Think Before You PreachHuman Events (blog)Leftists, liberals, are cheering for every new shariah bank being created, for every new shariah mortgage, for every new islamic school, for every new ...GAFFNEY: The anti-fascistWashington Timesall 11 news articles »

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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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