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Mortgage help: Several options exist for homeowners - Jackson Clarion Ledger
Mortgage help: Several options exist for homeownersJackson Clarion Ledger, MS - 12 hours ago"Some people sign papers without reading them," said Jeanette Bland, director of NACA, the agency that helped Falona Larkins. "Especially in the case of ...

Five Indicted For Mortgage Fraud - MarketWatch
Five Indicted For Mortgage FraudMarketWatch - Oct 9, 2008... mortgage lenders by misstating facts relevant to the lending decisions, US Attorney Don DeGabrielle, FBI Houston Special Agent-in-Charge Andrew R. Bland ...5 indicted in $17M mortgage fraud scheme Houston Chronicleall 28 news articles

US 30-, 15-year mortgage rates fall in latest week - Reuters
US 30-, 15-year mortgage rates fall in latest weekReuters - Oct 9, 2008WASHINGTON, Oct 9 (Reuters) - US 30- and 15-year mortgage rates fell in the latest week, according to a survey released on Thursday by home funding company ...

A global fix - Scotsman
A global fixScotsman, United Kingdom - 18 hours agoThe trotting out of such bland generalities revealed the G7 meeting for what it was – a photo-opportunity. No new grand plan or detail was forthcoming, ...

A juicy book about tomatoes - San Jose Mercury News
A juicy book about tomatoesSan Jose Mercury News,  USA - Oct 9, 2008The public perception, Goldman notes, is that the lone antidote to the bland, rock-hard, thick-skinned, ethylene-ripened supermarket tomato is the ...

Markets Fall on Doubts Rescues Will Succeed - Wall Street Journal
Markets Fall on Doubts Rescues Will SucceedWall Street Journal - Oct 6, 2008Once a bland storehouse for Treasury securities, the Fed's coffers are now filled with loans to a wobbly financial system, often backed by collateral few ...

Network failure - Mortgage Solutions
Network failureMortgage Solutions, UK - Oct 6, 2008There will be no formal warning, there will be little opportunity to move business elsewhere, just a bland announcement that the business has been sold or ...

NACA hopes bailout will aide homeowners - WLBT-TV
NACA hopes bailout will aide homeownersWLBT-TV, MS - Oct 3, 2008"If they want to do something with that $700 billion, think of how many homeowners they could help with it, said Jeanette Bland of NACA. ...

Unbelievable has become routine - Denver Post
Unbelievable has become routineDenver Post, CO - Oct 7, 2008And it, bland and innocent as it may seem on the surface, is the biggest lie of the entire election campaign. Hearings that are underway this week ...

Ups and downs in stock market normal, local experts say - Uinta County Herald
Ups and downs in stock market normal, local experts sayUinta County Herald, WY - Oct 3, 2008Jeff Bland with Burrus Institutional Wealth Services said getting help with financial planning is essential to today’s changing markets. ...

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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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