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CBJ: Property Transfers & Building Permits - Charlottesville Daily ProgressCBJ: Property Transfers & Building PermitsCharlottesville Daily ProgressCAP of Charlottesville to City of Charlottesville, parcel described by plat, $791700. * Robles, Benjamin Alan to Wilcox, Karen M., lot 2 Willoughby, ...
John Hubiak Wins WSOP Circuit Event and $58937 Top Prize - Poker Player OnlinePoker Player OnlineJohn Hubiak Wins WSOP Circuit Event and $58937 Top PrizePoker Player OnlineDennis Summers, from Charlottesville, VA went out in fifth place. He had a healthy sized stack late in the tournament but got trapped holding AJ against AQ, ...and more »
Survey reveals scope of hunger - News VirginianSurvey reveals scope of hungerNews VirginianAccording to study results, 54.2 percent of Charlottesville city school children qualify for free or reduced-price lunches, 20 percentage points higher than ...and more »

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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.
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