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News about Mortgages:
Court blotter - Salina.comCourt blotterSalina.com, KS - 10 hours agoCIVIL JUDGMENTS -- Court grants GMAC Mortgage a mortgage foreclosure against Shaun Tappendick and Brandy Tappendick for property at 704 W. Crawford for a ...
Small ski areas easy on wallet - Rocky Mountain NewsSmall ski areas easy on walletRocky Mountain News, CO - Jan 5, 2009Jim and Susan Watkins both grew up skiing in Colorado, so naturally, they've wanted to give their kids the same opportunity. This winter, though, the Denver ...
Local economists agree 2009 will be a difficult year - Ventura County StarLocal economists agree 2009 will be a difficult yearVentura County Star, CA - Jan 4, 2009Bill Watkins, executive director of the UC Santa Barbara Economic Forecast Project, said the recession will be deep and lengthy, with no chance of a ...
No Shortage of Bankruptcy, Litigation Work - A.E. FeldmanNo Shortage of Bankruptcy, Litigation WorkA.E. Feldman, NY - 7 hours agoThe report quotes David Heller, Global Chair of Latham & Watkins’ Finance Department in Chicago as saying, “It may be profitable, but not particularly ...
Dan Watkins gets top mortgage job at Lloyds Banking Group - Mortgage StrategyDan Watkins gets top mortgage job at Lloyds Banking GroupMortgage Strategy, UK - Dec 18, 2008Mortgage Strategy understands that Dan Watkins has got the top job of managing director for mortgages at the new Lloyds Banking Group. ...
UK Stocks -- Factors to watch on Jan 6 - ReutersUK Stocks -- Factors to watch on Jan 6Reuters - Jan 5, 2009Dan Watkins, an HBOS board director and head of retail products will be appointed as chief executive of mortgages in the new bank, while Peter Jackson, ...
Water case comes to boil, faces court in Sharp County - Arkansas Democrat GazetteWater case comes to boil, faces court in Sharp CountyArkansas Democrat Gazette, AR - Dec 30, 2008Johnson, 72, managed Biggers Bluff Corp., a real estate company started by fugitive developer Wayne Watkins, and the Biggers Bluff Public Water System. ...
Ask Myron: Yes, celebrities are human too - Tri State DefenderAsk Myron: Yes, celebrities are human tooTri State Defender, TN - Dec 18, 2008The money woes of Wyclef Jean of the Hip Hop Trio “The Fugees” as well as Tionne “T-Boz” Watkins of the R&B goup TLC also are making headlines. ...
The bigger economic picture - Ventura County StarThe bigger economic pictureVentura County Star, CA - Dec 28, 2008Bill Watkins, executive director of the UC Santa Barbara Economic Forecast Project, agreed that the big news for the county was in 2007 but said local jobs ...
Incentives exist to make buying that dream house a reality - Hattiesburg AmericanIncentives exist to make buying that dream house a realityHattiesburg American, MS - Dec 22, 2008By Adam Watkins • December 22, 2008 For some time I've been meaning to share information and resources that could be helpful to all the home buyers out ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms