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Indiana Homeowner Kicked Out Of HAMP For Early Payment Wins Reprieve - Huffington Post (blog)Indiana Homeowner Kicked Out Of HAMP For Early Payment Wins ReprieveHuffington Post (blog)After losing one of her part-time jobs in the fall, Indiana law student Melissa Stuart applied for a mortgage modification in hopes of reducing her monthly ...and more »
Feds close bank with Indiana ties - Indianapolis StarFeds close bank with Indiana tiesIndianapolis StarThe small thrift eventually moved to suburban Washington, DC, wholly owned with Internet banking, mortgage and finance companies operated by Fort Wayne's ...and more »
Bill Calls For Creation of Securities Restitution Fund - Inside INdiana Business (press release)Bill Calls For Creation of Securities Restitution FundInside INdiana Business (press release)The Indiana Securities Division oversees Indiana's securities industry as well as the activities of mortgage brokers, collection agencies, franchisors and ...and more »
FACKLER v. POWELL - Leagle.comFACKLER v. POWELLLeagle.comParagraph B(3)(g) of the Agreement awards the following to Fackler: Promissory Note and Mortgage given by Thomas Penny Builder to Husband in the amount of ...
THOMAS v. THOMAS - Leagle.comTHOMAS v. THOMASLeagle.comJOHN H. HALSTEAD, Querrey & Harlow, Merrillville, Indiana, ATTORNEY FOR APPELLANTS TRUSTCORP MORTGAGE COMPANY, FANNIE MAE, and EVERBANK. ...
FEATURE-Economy drives US families together under one roof - ReutersFEATURE-Economy drives US families together under one roofReutersThe Charbeneaus and Stephanie's in-laws plan to split the mortgage on a $337000 two-family home with an apartment her brother-in-law may rent. ...and more »
Mortgage delinquencies at historic highs - Financial News USA (press release)DSNews.comMortgage delinquencies at historic highsFinancial News USA (press release)Also up there are Mississippi, Georgia, Indiana and Illinois. But few states are escaping the problem; it's just that the worst states are so, ...LPS Study Finds Pace of Delinquencies Is SlowingDSNews.comall 20 news articles »
Second Curve Backs Stonegate Mortgage - Private Equity Hub (press release)Second Curve Backs Stonegate MortgagePrivate Equity Hub (press release)Stonegate has grown to over 100 employees since 2005 and is ranked as one of the largest mortgage lenders in the State of Indiana. Second Curve Partners is ...and more »
Haven House gets new roof from auction winning owner - WHAS 11.com (subscription)Haven House gets new roof from auction winning ownerWHAS 11.com (subscription)One of the only homeless shelters in southern Indiana is getting a brand new roof. It comes just one week after the Jeffersonville shelter went up for ...
Bad loans hit new high in February - Inman.comMyBankTracker.comBad loans hit new high in FebruaryInman.comAn estimated 7.5 million homeowners are behind on their mortgage or in the foreclosure process, and another 1 million homes are bank-owned (also known as ...Mortgage Delinquencies at Historic Highs Despite a Lower Rate of DelinquencyMyBankTracker.comall 6 news articles »
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