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News about Mortgages
In Brief | Island Inc. | 12-15-14 - West Hawaii Today
In Brief | Island Inc. | 12-15-14West Hawaii TodayPacific Biodiesel's Hobron fueling station in Kahului, Maui, had the lowest diesel price in the state last week. B20, which is a blend of 20 percent biodiesel and 80 percent petroleum diesel, ... Ofelia Schamber has been named Kealakekua branch manager ... Apollo Commercial Real Estate Finance, Inc. Closes $50 Million First Mortgage ... - Rock Hill Herald (press release)
Apollo Commercial Real Estate Finance, Inc. Closes $50 Million First Mortgage ...Rock Hill Herald (press release)... YORK — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the Company closed a $50 million participating first mortgage loan secured by a portfolio of 24 condominiums located in New York City and Maui, ...and more » Real Estate Notebook: Habitat to dedicate Boynton home - Sun Sentinel
Real Estate Notebook: Habitat to dedicate Boynton homeSun SentinelHabitat homeowners are required to pay a monthly mortgage and help build homes for other families. Four free courses for ... Existing tenants include a UPS Store, Sweetwater Pub & Grill and Maui Wowi Coffee & Smoothies. The center is adjacent to 494 ... How Acquisition will Affect Hawaiian Electric Industries, Inc. (NYSE:HE)? - Inside Trade
How Acquisition will Affect Hawaiian Electric Industries, Inc. (NYSE:HE)?Inside TradeThe company distributes and sells electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai; and serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. ... accounts, money market ...and more » Testing can now be done in Hawaii on suspected Ebola samples - Hawaii Reporter
Testing can now be done in Hawaii on suspected Ebola samplesHawaii Reporter... the organization might be subject to... Cholan: Clinton laying w/girls while married? Not me! I'm faithful. Perhaps those addicted to porn have that... @aarijali100: likely are not the most suitable option, as kids might be reckless along with ... Hawaii regulators revoke Maui mortgage company's licenses - Pacific Business News (Honolulu)
Hawaii regulators revoke Maui mortgage company's licensesPacific Business News (Honolulu)Hawaii state regulators this week revoked the licenses of Kathleen Patricia Morris and her Maui-based Hawaii's Premiere Mortgage Co. The revocation order for Morris and Herman-Morris Enterprises Inc., dba Hawaii's Premiere Mortgage Co., from ... Reflections from the tropics - Sherwood Park News
Reflections from the tropicsSherwood Park NewsEach time I leave Maui I cry. Not because it's such a beautiful place, which it is, but because its people are so relaxed and in harmony with the natural rhythms. There is such a graceful flow to life, and if you stay long enough, you become part of ... State Issues Cease and Desist Against Premiere Mortgage - Maui Now
Maui NowState Issues Cease and Desist Against Premiere MortgageMaui NowHerman-Morris Enterprises Inc. also does business as: dba Hawaii's Premier Mortgage Co., dba Hawaii's Premiere Mortgage Co., dba Lemurian Interiors & Development, dba Nature's Treasures of Maui. An administrative hearing on the immediate temporary ...Cease, desist order issued for Maui mortgage brokerMaui Newsall 3 news articles » Prominent labor leader convicted of mortgage fraud - Watchdog.org
Prominent labor leader convicted of mortgage fraudWatchdog.orgPerry Artates, a former Maui Hawaiian Homeland commissioner and prominent labor leader, will spend 45 days in federal prison for his role in a mortgage fraud case that left a Maui family homeless. Ronnette Artates, a Maui real estate agent and mortgage ...and more » Maui owners of The Mortgage Store charged with operating Ponzi scheme - Pacific Business News (Honolulu) (blog)
Maui NowMaui owners of The Mortgage Store charged with operating Ponzi schemePacific Business News (Honolulu) (blog)The father-and-daughter owners of The Mortgage Store on Maui have been charged by a federal grand jury with bilking unsuspecting investors of more than $8.6 million in a Ponzi scheme over a five-year period. The 17-count indictment agains George ...“The Mortgage Store” Owners Indicted for Alleged Ponzi SchemeMaui Nowall 6 news articles »
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.
View all Terms