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Embattled regulator Toll hires attorney - Denver PostEmbattled regulator Toll hires attorneyDenver PostI'm in this huge gray hole, and I don't know what's going on." Boulder attorney Jon Goodman said his office has dozens of clients each year who were ...and more »
Riding the mortgage modification roller coaster - C&G NewspapersRiding the mortgage modification roller coasterC&G NewspapersIf you're on the border — in that gray area where the bank says you don't qualify — you've got to punch the banks back, so to speak,” said Green. ...
Fed holds rates at record lows to foster recovery - Salt Lake TribuneReutersFed holds rates at record lows to foster recoverySalt Lake TribuneNow, it is a lighter shade of gray." been since December 2008. In response, commercial banks' prime lending rate, used to peg rates on certain credit cards ...Fed holds rates at record lows to foster recoveryThe Associated PressFed slightly more upbeat about economyColumbus Dispatchall 3,423 news articles »
$13M tax abatement sought for Knox Mill - Mainebiz Daily$13M tax abatement sought for Knox MillMainebiz Daily... a US District Court judge appointed Gray & Associates as a receiver for the former Knox Mill properties and a building in Lincolnville, after mortgage ...
Foreclosures rising, as are options - Journal and CourierForeclosures rising, as are optionsJournal and CourierThe buyer is paying $83000 -- well short of what Gray paid nine years ago, and even less than she owes on her mortgage. But because of Gray's financial ...Property salesJournal and Courierall 3 news articles »
Mortgage Fraud Leader Sentenced to Nearly 17 Years in Prison - PR Newswire (press release)Mortgage Fraud Leader Sentenced to Nearly 17 Years in PrisonPR Newswire (press release)Nathan T. Gray, FBI Special Agent in Charge of the Phoenix Division, said: "Today's sentence signifies the continued efforts of the US Attorney's Office and ...and more »
York County deed transfers for March 18 - York Daily RecordYork County deed transfers for March 18York Daily Record39 W. Philadelphia St.: Deetta F. Gray to Benton and Jessica Jackson for $39000. 623 Vander Ave.: Federal Home Loan Mortgage Corp. to Kenneth and Laura ...
March Madness May Make You More Productive At Work - KDKAMarch Madness May Make You More Productive At WorkKDKAIt's time for March Madness and the business pros at American Street Mortgage are having a ball - literally. "We love basketball so much, ...and more »
Will Gray: Germany to Greece: Drop Dead - History News NetworkWill Gray: Germany to Greece: Drop DeadHistory News NetworkAs with any mortgage holder seeking to refinance a loan, Greece would enjoy better terms if it could count on comfortably situated co-signatories. ...and more »
Public records for March 17, 2010 - Daytona Beach News-JournalPublic records for March 17, 2010Daytona Beach News-JournalRonald S. Cheshire, real property; GMAC Mortgage LLC v. Stephen M. Bailey, real property; Citibank South Dakota NA v. Gray B. Heustess, in excess of $15000; ...and more »
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