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News about Mortgages
In re Schwartz-Tallard - The Recorder
In re Schwartz-TallardThe RecorderSchwartz-Tallard presented evidence that she was current on her mortgage payments through March 2009, but that ASC returned her April 2009 payment with a letter stating that her loan was in foreclosure. Schwartz-Tallard also established that when the ...and more » What Our Family Owes Governor Abercrombie - Maui News (blog)
What Our Family Owes Governor AbercrombieMaui News (blog)After the President Jimmy Carter “stagflation years” affecting the national real estate industry, the average mortgage rate in October, 1983 was 13.61%, and an ARM (Adjustable Rate Mortgage) was 11.60% -- which sounds like exorbitant loan shark rates ... Rock M Roundtable: Mizzou's 2014 - 2015 Basketball Schedule - Rock M Nation (blog)
Rock M Roundtable: Mizzou's 2014 - 2015 Basketball ScheduleRock M Nation (blog)I would be surprised but not shocked if we lost to one of the "guarantee" teams on the schedule, but I bet we take at least one in Maui, and X and OSU are winnable. Illinois is always a toss up. 4) The "I'm So Glad Frank Haith Is Not Our Coach Any More ... Former UH-Hilo hoopster sentenced for mortgage fraud - West Hawaii Today
Former UH-Hilo hoopster sentenced for mortgage fraudWest Hawaii TodayVroom, a Maui native who was a reserve guard for the Vulcans in the late 1980s, owned and operated a mortgage brokerage and investment firm in San Diego called Alii Financial Corp. Vroom and two other co-defendants, 58-year-old Sonya Evans of ... Fitch Affirms ML-CFC 2006-1 - Fort Mills Times
Fitch Affirms ML-CFC 2006-1Fort Mills TimesThe second largest contributor to expected losses is a loan (1.4%) secured by a resort-oriented strip/neighborhood shopping center located in the Kahana region of Lahaina on the island of Maui, Hawaii that comprises 58,774 sf. The property's ... Hawaii State Federal Credit Union resumes underwriting mortgages - Hawaii Reporter
Hawaii State Federal Credit Union resumes underwriting mortgagesHawaii ReporterHONOLULU — Hawaii State Federal Credit Union (HSFCU) is once again funding home loans after a three-year hiatus. It recommenced underwriting mortgages in January 2013 in order to provide better service to its members. “By resuming underwriting ... Monday Morning Cup of Coffee: FICO switch boon to mortgage lenders? - Housing Wire (blog)
Housing Wire (blog)Monday Morning Cup of Coffee: FICO switch boon to mortgage lenders?Housing Wire (blog)Some consumers could see a credit score jump of 25 points or more, meaning more prime borrowers for mortgage lenders. Indeed, reporting by ... Other top spots: La Jolla, California at $2,245.03; Miami Beach at $2,210.12, and Maui at $1,971.97. New ... Jumbo Loans for Pricey Hawaiian Homes - Wall Street Journal
Wall Street JournalJumbo Loans for Pricey Hawaiian HomesWall Street JournalJumbo thresholds vary by island: on Maui, it's $626,750; in Kauai, it's $713,000; and on the island of Oahu, which includes Honolulu, it's $721,050. Much of the jumbo-lending action is from buyers in the continental U.S. purchasing luxury second homes ... PETA Stops Tigers | Simmons and Brennan | Republicans Rally | 2014 Hawaii ... - Hawaii Reporter
PETA Stops Tigers | Simmons and Brennan | Republicans Rally | 2014 Hawaii ...Hawaii ReporterReal Property Taxes Due Today. Have you paid your real property taxes? They are due today. I like to pay them separately from my mortgage so I can feel the pain of all of us being ripped off by Honolulu Mayor Kirk Caldwell and the City & County of ... Tips on filing insurance claims after house damaged - KITV Honolulu
Tips on filing insurance claims after house damagedKITV HonoluluDepending on where your home is, you may qualify for flood insurance through the National Flood Insurance Program. - If your home is in a flood plain, your mortgage lender will usually require you to buy flood insurance. - Hurricane insurance is not ...and more »
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms