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News about Mortgages:
Banking regulators say Maine home foreclosures continue to rise, but so do new ... - CanadianBusiness.comBanking regulators say Maine home foreclosures continue to rise, but so do new ...CanadianBusiness.comAUGUSTA, Maine (AP) - Maine banking regulators say home foreclosures in the state are continuing to increase. But they also report a substantial increase in ...Home Foreclosures Increase In Fourth QuarterMPBN NewsBureau of Financial Institutions Announces Continued Modest Increase in Home ...RealEstateRamaall 17 news articles »
Consumer group sues insurer over policy changes - The Associated PressConsumer group sues insurer over policy changesThe Associated PressLOS ANGELES — Mary Feller's family of three spends nearly $25000 a year on health insurance premiums, which is more than they pay on their home's mortgage ...and more »
Falcons Soar Past Pirates On Penalty Shots - OurSports Central (press release)Falcons Soar Past Pirates On Penalty ShotsOurSports Central (press release)The Allied Home Mortgage Three Stars of the Game were 1. Hisey, 2. Byron and 3. Trukhno. The Pirates wrap up a stretch of four straight home games Tuesday ...and more »
Regulators: Maine home foreclosures keep rising - BusinessWeekRegulators: Maine home foreclosures keep risingBusinessWeekMaine banking regulators say home foreclosures in the state are continuing to increase. But they also report a substantial increase in first-time mortgages. ...
Senators Roll Past Pirates - OurSports Central (press release)Senators Roll Past PiratesOurSports Central (press release)The Allied Home Mortgage Three Stars of the Game were all from the Senators. Kinrade was the first, Schira the second and goaltender Mike Brodeur (22 saves) ...and more »
Enroth Leads Pirates To Eighth Straight Home Win - OurSports Central (press release)Enroth Leads Pirates To Eighth Straight Home WinOurSports Central (press release)The Allied Home Mortgage Three Stars of the game were all from the Pirates. Enroth was the first, Mancari the second and forward Tyler Ennis the third. ...and more »
Pirates Double River Rats To Complete Weekend - OurSports Central (press release)Pirates Double River Rats To Complete WeekendOurSports Central (press release)The Allied Home Mortgage Three Stars of the game were 1. Whitmore, 2. Lamoureux and 3. Rank. The Pirates return to action Friday with the first of three ...and more »
River Rats Double Pirates to End Streak - OurSports Central (press release)River Rats Double Pirates to End StreakOurSports Central (press release)The Allied Home Mortgage Three Stars of the game were 1. Herauf; 2. Byron and 3 Albany defenseman Bryan Rodney. The Pirates return to action tomorrow night ...and more »
Eight Reasons We Need a Jobs Bill - Center For American ProgressCenter For American ProgressEight Reasons We Need a Jobs BillCenter For American Progress... levels of government, including unemployment benefits and food stamps, help with health care bills, and help coping with a home mortgage foreclosure. ...and more »
Local business briefs - McKim & Creed lands Army Corps contract - StarNewsOnline.comLocal business briefs - McKim & Creed lands Army Corps contractStarNewsOnline.comWilmington | Lisa Mesler has been appointed branch manager of Wells Fargo Home Mortgage for Wilmington and Leland. Her previous roles include producing ...

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Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
View all Terms |