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Beat the Rush to the Banks - Washington PostBeat the Rush to the BanksWashington Post, United States - 5 hours agoEven with the US government's takeover of ailing mortgage lenders Fannie Mae and Freddie Mac, banks will continue to turn up bare until the housing tide ...
OxyContin soup for the conservative soul - guardian.co.ukOxyContin soup for the conservative soulguardian.co.uk, UK - 2 hours agoThis was affirmative action via mortgage." And then he mock-whispers: "But nobody dares say it!" This is the same Rush Limbaugh who accused the Philadelphia ...
Review of mortgage documents could save your home - Sarasota Herald-TribuneReview of mortgage documents could save your homeSarasota Herald-Tribune, FL - 20 hours agoIntentional or not, mistakes on the part of mortgage brokers and funding lenders are characteristic of the housing boom, when there was a gold rush to ...
Why the rush Congress? - PUC ChronicleWhy the rush Congress?PUC Chronicle, Purdue - 11 hours agoFortunately, we in the Region have not been decimated by the mortgage and credit crises yet. Home prices didn't skyrocket a year ago unlike many areas in ...
Commercial real estate feels pinch - Minneapolis Star TribuneCommercial real estate feels pinchMinneapolis Star Tribune, MN - 5 hours agoBy SUSAN FEYDER, Star Tribune Twin Cities-area commercial properties haven't been hit with a rush of foreclosures like the housing market, but the unsteady ...
Bailout is a burning house - Whitman PioneerTopNewsBailout is a burning houseWhitman Pioneer, WA - Oct 2, 2008Because if one bank stops lending to one business or one mortgage company, a downward spiral begins. Hopefully it’s apparent by now why we can’t rush into ...Is This Crisis Really a Crisis? RushLimbaugh.com (subscription)all 618 news articles
The Political Skinny: Davis says he lagged in seeing mortgage dangers - Press-Register - al.comThe Political Skinny: Davis says he lagged in seeing mortgage dangersPress-Register - al.com, AL - 9 hours ago... Colmes said on the show, he did turn up in another part of the hearing saying that people shouldn't "rush to judgment" on Fannie and Freddie. ...
Wachovia suitor got its start in West Coast gold rush; now a top ... - The Birmingham News - al.comWall Street Journal BlogsWachovia suitor got its start in West Coast gold rush; now a top ...The Birmingham News - al.com, AL - Oct 4, 2008Wells Fargo is known for its conservative lending practices, which helped it steer clear of the subprime mortgage mess that brought other lenders to their ...Video: Wachovia Calls Order Blocking Sale 'invalid' AssociatedPressWells trumps Citi in bid for Wachovia Sydney Morning HeraldCiti, US Rescue Wachovia Wall Street Journal Blogsall 6,644 news articles
RUSH LIMBAUGH - NewsWithViews.comRUSH LIMBAUGHNewsWithViews.com, OR - 13 hours agoRush would also realize that Franklin Raines (formerly officer with Fannie Mae), whom Rush recently has been criticizing regarding the mortgage crisis, ...
Americans rush to judgment on the government's 'bailouts' - Sarasota Herald-TribuneAmericans rush to judgment on the government's 'bailouts'Sarasota Herald-Tribune, FL - Oct 3, 2008Because some fees on a reverse mortgage are a fixed amount, sm=all reverse mortgages are quite costly. Nonetheless, they may be the best option available in ...

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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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