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News about Mortgages:
Court blotter - Salina.comCourt blotterSalina.com, KS - 10 hours agoDIVORCES GRANTED -- Amanda Ketcher and Scott Ketcher; Jolene M. Ledet and Craig L. Ledet; David A. Fair and Stephanie R. Fair; Tracy W. Hawk and Michele K. ...
County tax base up 4.4% - TMCnetCounty tax base up 4.4%TMCnet - Jan 4, 20094--WATERLOO -- A report released in December shows the taxable value of all property in Black Hawk County -- commonly called the tax base -- grew by 4.4 ...
New businesses - Providence JournalNew businessesProvidence Journal, RI - 21 hours agoTo promote fellowship between Baptist churches in RI Cambridge Mortgage Group LLC: A: Timothy Chapman, 670 Willett Ave., Riverside 02915. ...
Readers say Parkersburg tornado was the year's biggest story - TMCnetReaders say Parkersburg tornado was the year's biggest storyTMCnet - Dec 28, 2008A powerful tornado rolled across Butler, Black Hawk and Buchanan counties starting about 5 pm Meteorologists later classified the massive wedge as an EF5, ...
How SummerHill Homes CEO copes with crisis - San Francisco ChronicleHow SummerHill Homes CEO copes with crisisSan Francisco Chronicle, USA - Dec 26, 2008... has gone on to mastermind the building of umpteen homes around the United States as a senior executive at KB Homes, Davidon Homes and Blackhawk Corp. ...
Bush pardons 19, commutes 1 sentence - Washington TimesWashington TimesBush pardons 19, commutes 1 sentenceWashington Times, DC - Dec 23, 2008Also, Richard Harold Miller of Tallahassee, Fla.; Delano Abraham Nixon of Neosho Rapids, Kan.; John H. Overholt of Black Hawk, SD; Morris Keith Parker of ...
Lathrop High opens, rough campaigns top 2008 - Manteca BulletinLathrop High opens, rough campaigns top 2008Manteca Bulletin, CA - Jan 2, 2009A Blackhawk helicopter pilot, he was killed during training exercises last year in Italy. At the time of his death, he was a chief warrant officer and just ...
Browse by week posted: - The Plain Dealer - cleveland.comThe Plain Dealer - cleveland.comBrowse by week posted:The Plain Dealer - cleveland.com, OH - Dec 28, 2008When a hawk disturbed taping of PGA Tour golfer Tripp Isenhour's TV show "Shoot Like A Pro" last December, he teed-up a few balls and killed it. ...
New Year’s Eve party options plentiful in Lake County - Waukegan JournalNew Year’s Eve party options plentiful in Lake CountyWaukegan Journal, IL - Dec 24, 2008Giveaways will include parties and tickets to Wolves and Blackhawk games. Hats and noisemakers will be distributed. A countdown and balloon drop will take ...
PROPERTY TRANSFERS - Clarksville Leaf ChroniclePROPERTY TRANSFERSClarksville Leaf Chronicle, TN - Dec 14, 2008Herald & Phillips Builders LLC to Rachel Backstrom; 253 Gray Hawk Trail; $355000. J & N Enterprises Inc. to Birchwood Constructors Inc.; Lots 329, ...
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