Miami Dade refinance mortgage and Information Online from competing Lenders
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News about Mortgages:
Miami-Dade could lose $1M in foreclosure - Bizjournals.comMiami-Dade could lose $1M in foreclosureBizjournals.comIn November, the bank sold the loans to Capital Loft Miami, which is managed by Guy Sharon. The lawsuit puts Miami-Dade County's second mortgage to 117 NE ...and more »
Kendall's Shamrock Condominium faces foreclosure - Bizjournals.comKendall's Shamrock Condominium faces foreclosureBizjournals.comThirty-six units in the Shamrock Condominium conversion project in southern Miami-Dade County's Kendall area face default. FirstBank Florida, which is part ...and more »
FOUR CHARGED IN $6 MILLION DOLLAR MORTGAGE FRAUD SCHEME - LoanSafeFOUR CHARGED IN $6 MILLION DOLLAR MORTGAGE FRAUD SCHEMELoanSafeThe indictment alleges that the defendants were involved in the financing of five residential properties in Miami-Dade County. According to the indictment, ...Loan Broker Sentenced to 108 Months in Multi-Million-Dollar Mortgage Fraud SchemeAmerican Chronicleall 2 news articles »
4 South Floridians face mortgage fraud charges - MiamiHerald.com4 South Floridians face mortgage fraud chargesMiamiHerald.comThe indictment says Lozada would identify Miami-Dade County properties that could be used to defraud the lenders and then recruited the others to pose as ...and more »
Hialeah Gardens service station faces foreclosure - Bizjournals.comHialeah Gardens service station faces foreclosureBizjournals.com... Armando Abreu and Lourdes Abreu, according to Miami-Dade County Circuit Court records. It's over a mortgage last modified at $3.2 million in March 2009. ...and more »
Mortgage fraud task force comes to Miami - MiamiHerald.comMortgage fraud task force comes to MiamiMiamiHerald.comAccording to the indictment, three of the defendants recruited friends and family members to pose as buyers through Miami Dade Mortgage Professionals, ...Financial Fraud Enforcement Task Force Hosts Mortgage Fraud Summit In MiamiPR Newswire (press release)Miami site of mortgage fraud summitBizjournals.comall 36 news articles »
Fannie Mae Aids Borrowers With Help Centers - MainStreetFannie Mae Aids Borrowers With Help CentersMainStreetThe free program is a joint venture between Fannie Mae and Miami-Dade County, along with “participating mortgage servicers” according to Fannie's web site. ...and more »
“1000's” of Victims in Vacant Land Fraud Sale - National Mortgage Professional Magazine“1000's” of Victims in Vacant Land Fraud SaleNational Mortgage Professional Magazine... Florida and in Georgia by First Loan Solution, a company that advertised the sale of the land to the Haitian community in Miami Dade County, Florida. ...and more »
Four Florida residents charged in $6 million mortgage fraud scheme - Thaindian.comFour Florida residents charged in $6 million mortgage fraud schemeThaindian.comAll four were allegedly engaged in the financing of five residential properties in Miami-Dade County in which Lozada would identify properties that could be ...Four charged in $6 million mortgage fraud scheme, U.S. State Attorney's Office ...Sun-Sentinelall 17 news articles »
7500 South Floridians receive mortgage breaks through Obama program - Palm Beach Post (blog)Palm Beach Post (blog)7500 South Floridians receive mortgage breaks through Obama programPalm Beach Post (blog)... loan modifications for 7532 people in Palm Beach, Broward and Miami-Dade counties, according to a Treasury Department report released last week. ...

Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
View all Terms |