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Pintos Outside Hitter To Play in Colorado - East Mountain TelegraphPintos Outside Hitter To Play in ColoradoEast Mountain Telegraph, NM - 7 hours agoHer mother is a wholesale-mortgage branch manager. "I was a cheerleader type in high school (in New Hampshire)," Kathy Lehocky said. ...
A year of high political drama and deep economic distress - Fort Worth Star TelegramA year of high political drama and deep economic distressFort Worth Star Telegram, TX - Dec 30, 200811: Bank of America says it will buy Countrywide Financial in a deal that rescues the country’s biggest mortgage lender. Jan. 28: President George W. Bush, ...
Bancaja and CAM downgraded - RGE MonitorRGE MonitorBancaja and CAM downgradedRGE Monitor, NY - Jan 2, 2009Franco Rubio suggested that nobody at the Junta de Extremadura, Extremadura’s government, had opposed the merger. He argues that generally speaking every ...
Remembering 2008, a year of momentous events - Richmond Times DispatchRemembering 2008, a year of momentous eventsRichmond Times Dispatch, VA - Dec 28, 20081/11 -- Bank of America says it will buy Countrywide Financial in a deal that rescues the country's biggest mortgage lender. Sir Edmund Hillary, first to ...
Groundhog Year in Ethiopia - Ethiopian ReviewGroundhog Year in EthiopiaEthiopian Review, DC - Dec 28, 2008They replaced a military junta which had murdered, tortured and imprisoned tens of thousands during its brutal 17 years in power. They continued that bloody ...
Oracle Europe, Middle East and Africa reports strong customer ... - AME InfoOracle Europe, Middle East and Africa reports strong customer ...AME Info, United Arab Emirates - 15 hours agoThe implementation supports a complete Shari'ah compliant home mortgage business in Saudi Arabia. Oracle Daybreak provides Saudi Home Loans an ...
A Wish for the Year 2009 - American MuslimA Wish for the Year 2009American Muslim, MO - Dec 19, 2008All the crises have been dwarfed by the economic meltdown of 2008, which started with the subprime mortgage crisis in the United States. ...
Noticias Hispanic PR Wire - EmpresariosNoticias Hispanic PR WireEmpresarios, FL - Jan 5, 2009FHLBNY anuncia los resultados de la elección para la Junta de Directores: C. Cathleen Raffaeli, el Rev. Edwin C. Reed y el Dr. DeForest B. Soaries, Jr., ...
Raymond Molina denuncia a Romero por calumnias y vejámenes - Primera HoraRaymond Molina denuncia a Romero por calumnias y vejámenesPrimera Hora, Puerto Rico - 8 hours agoMolina dio a conocer la carta de Acevedo Vilá en una conferencia de prensa esta mañana en las oficinas de la empresa bancaria que dirige Golden Mortgage. ...
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