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Remodeled Lowe's Could Fetch a Higher Price - Smartmoney.comRemodeled Lowe's Could Fetch a Higher PriceSmartmoney.comSmyth contends Lowe's has plenty of room to expand in the fragmented $695 billion retail hardware market where in 2009 it held only a 7% share, ...and more »
H&R Block Shares Fall by 3% - TopNews United StatesReutersH&R Block Shares Fall by 3%TopNews United StatesChief Executive Russ Smyth on Wednesday, blaming the recession and the unemployment rate for this year's performance, said, "The weak economic conditions ...H&R Block shares slump as outlook disappointsReutersH&R Block Taxes InvestorsBloggingStocks (blog)all 89 news articles »
H&R Block Reports Fiscal 2010 Third Quarter Results - CNNMoney.com (press release)H&R Block Reports Fiscal 2010 Third Quarter ResultsCNNMoney.com (press release)We expect to outperform our competitors regardless of the external factors like unemployment rates, but we have not done so to-date," said Russ Smyth, ...and more »
Senior AIB banker transfers interest in family home to wife - Irish TimesTopNews United StatesSenior AIB banker transfers interest in family home to wifeIrish TimesRegistry of Deeds documents indicate the mortgage remains outstanding. Documents filed in the registry by Noel Smyth Partners, solicitors, Dublin, ...Government banking policy in tattersAn Phoblachtall 264 news articles »
No jobs on the horizon - An PhoblachtAn PhoblachtNo jobs on the horizonAn PhoblachtQuestion: What economic sector has contributed most to the crisis in the Irish economy today? And what sector has received most aid and ...and more »
Names and Changes - Roanoke TimesNames and ChangesRoanoke Times... treasurer; Laura Wood, secretary; and Jan Smyth, member-at-large. SunTrust Mortgage Inc. announced the addition of Edgar Tuck as a mortgage loan officer ...and more »
Fitch Rates Southern California Edison's $500MM First & Rfdg Mortgage Bonds 'A+' - FOXBusinessFitch Rates Southern California Edison's $500MM First & Rfdg Mortgage Bonds 'A+'FOXBusinessFitch Ratings, New York Philip W. Smyth, CFA, +1-212-908-0531 Ellen Lapson, CFA, +1-212-908-0504 Media Relations Cindy Stoller, +1-212-908-0526 ...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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