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Habitat hands keys to homeowner in Hot Sulphur Springs - Sky Hi Daily NewsHabitat hands keys to homeowner in Hot Sulphur SpringsSky Hi Daily News, CO - Sep 21, 2008Since the groundbreaking on May 5, 2007, Corder put in more than 200 hours of work on the construction of the Hot Sulphur Springs home, while holding down ...
Uncle Sams Foolproof Hangover Cure - Stay Drunk - American ChronicleUncle Sams Foolproof Hangover Cure - Stay DrunkAmerican Chronicle, CA - Oct 9, 2008The question that springs to the mind of this poorly connected, low net worth scrivener is "Who is ´we´?" Much has been written about the "root cause" of ...
Grand Junction continues to weather economic storm, reports say - Grand Junction Free PressGrand Junction continues to weather economic storm, reports sayGrand Junction Free Press, CO - Oct 9, 2008By Marija B. Vader GRAND JUNCTION — Despite the national and global economic and real estate mortgage crisis, Grand Junction continues to buck national ...
Susan Stone: Inherited recipes from her mother’s harvest - Sky Hi Daily NewsSusan Stone: Inherited recipes from her mother’s harvestSky Hi Daily News, CO - Sep 26, 2008When she isn’t gardening and cooking, Judith stays busy with her company, Graham Mortgage, and lives in Hot Sulphur Springs, where she gardens extensively. ...
Copper to Gold nets over $40k - Valley EchoCopper to Gold nets over $40kValley Echo, Canada - Oct 7, 2008First place was taken by Nick Berzins, Ken Willimont, Jim McRitchie and Ken Roome and was sponsored by Scotiabank and Fairmont Hot Springs Resort. ...
Q4 Real Estate report - Colorado BizColorado BizQ4 Real Estate reportColorado Biz, CO - Sep 30, 2008Now get this: "In 2006, the three major metropolitan areas in Colorado (Denver Metro, North Front Range and Colorado Springs) contained 83.5 percent of the ...
The financial crisis: How a string of bad loans led to a worldwide... - San Jose Mercury NewsThe financial crisis: How a string of bad loans led to a worldwide...San Jose Mercury News, USA - Oct 5, 2008So after the dot-com bust, this hot potato of global capital began searching for the next opportunity.'' These mortgage-backed investments were extremely ...
Near-retirees face extra financial concerns - Denver PostNear-retirees face extra financial concernsDenver Post, CO - Sep 27, 2008Craig Carnick, a fee-only financial planner in Colorado Springs, advises his clients near retirement to set aside at least three years of spending money in ...
Officials, others react to "rescue" bill - Daily IberianOfficials, others react to "rescue" billDaily Iberian, LA - Oct 6, 2008Thirty-year-old Kevin Berkert of Hot springs, Ark., said he believes the government is getting involved in things it probably should not be. ...
Matter of Records, October 6 - Times Record NewsMatter of Records, October 6Times Record News, TX - Oct 6, 2008Hot Shots Storage to Bill Patty, Trustee, Union Square FCU, 2.184 acres out of L5-7 of the Merle Heights Addition, $880000.00, V3294 P479. ...

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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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