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AFP's Tim Phillips Defends Protest Where Sick Man Was Heckled - Mediaite.comMediaite.comAFP's Tim Phillips Defends Protest Where Sick Man Was HeckledMediaite.com... America and joined up with Phillips because of the quality of health care here is so great that she took out a second mortgage instead of staying in her ...and more »
Overland Park Man Pleads Guilty in Fraud Scheme - Kansas City infoZineKansas City StarOverland Park Man Pleads Guilty in Fraud SchemeKansas City infoZineKansas City, MO - infoZine - Beth Phillips, United States Attorney for the Western District of Missouri, announced that an Overland Park, Kan., ...Kansan admits role in fraud scheme that forced low-income homeowners into ...FOX2now.comOverland Park man admits fraud involving homeownersKansas City Starall 13 news articles »
House prices to surge amid property shortage crisis - NinemsnSouth East AdvertiserHouse prices to surge amid property shortage crisisNinemsnThe average Australian house price is now $485000, which, assuming a 10 percent deposit on a 25 year mortgage, requires a monthly repayment of $3100 at ...500000 new houses needed to avert housing crisisInternational Business Times AustraliaAustralia Home Building Burst Sparked By Stimulus - HIARTT Newsall 39 news articles »
Cash Point: Offset mortgage can save you more - Mirror.co.ukCash Point: Offset mortgage can save you moreMirror.co.ukThe average interest rate on easy access accounts is 0.68%. And many pay less - as low as 0.01%. People with mortgage debt ...and more »
Charges they're failing to keep Village Board members informed - Suffolk TimesCharges they're failing to keep Village Board members informedSuffolk TimesTrustee Mary Bess Phillips requested that Ms. Wingate's job description be rewritten and wanted the building inspector's working space be moved to a seat ...
Defiance County Marriage licenses Richard Newberry, 21, Defiance, - Defiance Crescent NewsDefiance County Marriage licenses Richard Newberry, 21, Defiance,Defiance Crescent NewsTerry Justinger, 26378 Bowman Road; unknown spouse, if any, of Terry Justinger, 26378 Bowman Road; Defiance County treasurer; Mortgage Electronic ...
Goldman Predicts 'Muted' Mortgage Rate Increase - Wall Street Journal (blog)Goldman Predicts 'Muted' Mortgage Rate IncreaseWall Street Journal (blog)(Matt Phillips writes in more detail about the MBS purchase program over at Marketbeat.) Since the Fed has had this program in place, the market has been ...Credit Suisse Sees Strong Investor Demand as Fed Exits MBSHousing Wireall 3 news articles »
Cash Point: Countrywide launchs first rewards scheme for mortgage customers - Mirror.co.ukCash Point: Countrywide launchs first rewards scheme for mortgage customersMirror.co.ukJust like shoppers collecting points on groceries, it is offering rewards to borrowers taking out financial products. ...and more »
More about the new US attorney - Kansas City Star (blog)More about the new US attorneyKansas City Star (blog)Phillips also plans to hire a new lawyer to augment the office's mortgage fraud unit: “That will allow us to put an ever greater emphasis on those ...US Attorney in Kansas City Plans No Major ChangesMain Justiceall 3 news articles »
JA to induct five business leaders into Hall of Fame - Knoxville News SentinelJA to induct five business leaders into Hall of FameKnoxville News Sentinel... SmartBank; Tim Williams, co-founder and CEO of 21st Mortgage Co.; and Ted and Avis Phillips, founders of Phillips and Jordan and Avisco, respectively. ...and more »

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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.
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