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News about Mortgages:
Tri-Cities housing bucks national trend, home prices increase - Kingsport Times NewsTri-Cities housing bucks national trend, home prices increaseKingsport Times News, TN - 22 hours agoJust the last 120 days in the mortgage industry, it’s gotten even tougher to get loans through the system, though we’re managing to do it — and that’s ...
NAMES AND CHANGES Compiled by HEATHER FROESCHL; names@roanoke.com ... - Roanoke TimesNAMES AND CHANGES Compiled by HEATHER FROESCHL; names@roanoke.com ...Roanoke Times, VA - Jul 26, 2008SunTrust Mortgage announced new mortgage offices in Salem, Blacksburg, Roanoke and the Smith Mountain Lake area. Salem Financial LC is now SunTrust Mortgage ...
Business calendar: Week of Aug. 24 - Roanoke TimesBusiness calendar: Week of Aug. 24Roanoke Times, VA - Aug 23, 2008Roanoke Regional Chamber's Business After Hours, "Swing into Networking." Follows the first day of the golf tournament. COST: Chamber members $5, ...
McCain made false claims about Obama tax plans - Roanoke TimesMcCain made false claims about Obama tax plansRoanoke Times, VA - Aug 24, 200819 news story): Thank you, Roanoke Times, for continuing to put this critical youth health issue in the public light. It may be true that some strategies to ...
Man's Glasses Faux Pas Leads To $3 Million Lottery Win - CityNewsCityNewsMan's Glasses Faux Pas Leads To $3 Million Lottery WinCityNews, Canada - Aug 15, 2008The Roanoke, Indiana man wears bifocals but forgot them at home when he went out to buy a lottery ticket. He wanted to use his regular numbers, ...Man makes lucky $3 million Lottery mistake United Press Internationalall 269 news articles
Company proposes 900-acre warehouse and distribution hub in Suffolk - Virginia Business MagazineCompany proposes 900-acre warehouse and distribution hub in SuffolkVirginia Business Magazine, VA - Aug 21, 2008(Richmond Times-Dispatch) The Hotel Roanoke & Conference Center plans to add guest rooms, meeting space and a spa. Proposals are being solicited from ...
Matter of Records: August 25 - Times Record NewsMatter of Records: August 25Times Record News, TX - Aug 25, 2008Michael B. Bohannan, et al, to WO Franklin, Trustee, American Nat’l Bank, L13, B29 of the Lynwood West Addition, Section 2, aka 2810 Roanoke, $58671.00, ...
The costly yearsMost common financial myths - Roanoke TimesRoanoke TimesThe costly yearsMost common financial mythsRoanoke Times, VA - Aug 16, 2008His father, a carpenter who built his North Roanoke County home with his own hands, did not want to see it sold to cover his or his wife's long-term care. ...
Energy fuels voters for election - WSLS.comEnergy fuels voters for electionWSLS.com, VA - Aug 20, 2008Tuesday, Congressmen Bob Goodlatte and Rick Boucher hosted an energy conference in Roanoke focusing on ways to save energy, alternative sources of energy ...
American of Martinsville employees losing their jobs to receive ... - Virginia Business MagazineAmerican of Martinsville employees losing their jobs to receive ...Virginia Business Magazine, VA - Aug 5, 2008(The Roanoke Times) LandAmerica Financial Group, Inc., a Richmond-based provider of real estate services, released the eZLoan Optimizer to assist mortgage ...
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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