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Two Metro Denver Men Indicted for Mortgage Fraud - 7thSpace Interactive (press release)
Two Metro Denver Men Indicted for Mortgage Fraud7thSpace Interactive (press release)The scheme was executed in connection with residential mortgage loan applications relating to 13 properties in the Denver, Colorado metropolitan area. ...

Two Metro Denver Men Indicted for Mortgage Fraud - Media Newswire (press release)
Two Metro Denver Men Indicted for Mortgage FraudMedia Newswire (press release)The scheme was executed in connection with residential mortgage loan applications relating to 13 properties in the Denver, Colorado metropolitan area. ...and more »

Goldman's golden sunset moment - Asia Times Online
Goldman's golden sunset momentAsia Times Online... the company's stock during the crisis; for many Goldmanites, manic depressives in their up phase would have shown a steadier hand on the stock tiller. ...and more »

The US Is Lost At Sea - Forbes
The US Is Lost At SeaForbesWhat is most lacking is reassurance that someone is at the helm with a steady hand on the tiller. The banks get money from the Feds at 0.25% and we get ...

Dem pollsters go public with advice - The Hill
Dem pollsters go public with adviceThe HillThey are busy beavers gnawing down the door to the helm room to grab control of the ship's tiller. My Democrat colleague here at The Hill, Mark Mellman, ...

'Cruise' mystery on stage in Moore, Oklahoma City - NewsOK.com
'Cruise' mystery on stage in Moore, Oklahoma CityNewsOK.comMar 12 Kirk Hammons and Linda Tiller will be in the studio to talk about OU's ARTS ARTS ART event. Mar 11 Artist Andrew Polk shows aerial images of Oklahoma ...and more »

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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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