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Three charged in mortgage and loan fraud ring - Hamilton SpectatorBigPond NewsThree charged in mortgage and loan fraud ringHamilton SpectatorHamilton police have arrested a man and two women in an organized mortgage and loan fraud ring worth $1.2 million. The women were arrested in February. ...Hamilton police charge man and arrest two women in alleged fraud ringWinnipeg Free Pressall 28 news articles »
Home prices up for 6-county region - San Diego Union TribuneHome prices up for 6-county regionSan Diego Union Tribune... purchase of mortgage-backed securities, a policy the Fed reiterated yesterday. “I'm not on board saying it's all over, it's all behind us,” Hamilton ...and more »
New mortgage rules leave homebuyers confused - Montreal GazetteNew mortgage rules leave homebuyers confusedMontreal GazetteFrank and Susan Williams bought a house near Hamilton, Ont., this month, they followed a time-honoured tradition of using leveraged financing. With mortgage ...and more »
Volusia County public records for March 20, 2010 - Daytona Beach News-JournalVolusia County public records for March 20, 2010Daytona Beach News-JournalBrenda S. Hamilton, real property; SunTrust Mortgage Inc. v. Mansoor N. Ali, real property; Riverside National Bank of Florida v. ...and more »
UK Mortgage Approvals Dropped to Eight-Month Low in January - BusinessWeekUK Mortgage Approvals Dropped to Eight-Month Low in JanuaryBusinessWeekMarch 1 (Bloomberg) -- UK mortgage approvals dropped in January by more than economists forecast to an eight-month low, adding to evidence ...and more »
Interest rates drive home buyers - BCLocalNewsInterest rates drive home buyersBCLocalNewsBy Kristi Patton - Penticton Western News With historic low mortgage rates, the Penticton real estate market is being driven by first-time home buyers and ...
Sky Dragon loses financing - Hamilton SpectatorSky Dragon loses financingHamilton SpectatorA second mortgage of $133000 from a private lender is unaffected. Laurel Harrison of the Hamilton Area Eco-Network said Sky Dragon is more than just a co-op ...
Circuit Court Lawsuits - NSBNEWS.netCircuit Court LawsuitsNSBNEWS.netBrenda S. Hamilton, real property; SunTrust Mortgage Inc. v. Mansoor N. Ali, real property; Riverside National Bank of Florida v. ...and more »
After years of decline, more lenders are easing up on large mortgages - The Star-Ledger - NJ.comThe Star-Ledger - NJ.comAfter years of decline, more lenders are easing up on large mortgagesThe Star-Ledger - NJ.comBy Star-Ledger Staff Aristide Economopoulos/The Star-LedgerDan Vigilante went through two mortgage companies and waited six months before he was able to get ...
Raises closer for non-unionized workers - NorthJersey.comRaises closer for non-unionized workersNorthJersey.com... to satisfy mortgage payments and support families. At the March 8 council conference, Councilwoman Janice Maly and Councilman Bernard Hamilton, ...

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Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms |