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News about Mortgages:

Lend America, VP Ashley Banned from FHA - Housing Wire
Lend America, VP Ashley Banned from FHAHousing WireIn 1991, Ashley and Liberty Mortgage Banking, a company his father owned, surrendered their New York mortgage licenses and Liberty gave up its status as a ...and more »

Spreading the NEWS - South Bend Tribune
Spreading the NEWSSouth Bend TribuneLast year the group generated more than 1 million dollars in business, said Dee Waggoner, vice president of the chapter and employee of Liberty Mortgage. ...

Three Indicted In Mortgage Fraud Case - KXNT
Three Indicted In Mortgage Fraud CaseKXNTAccording to the indictment, Depue operated a number of now-closed Nevada businesses, including "ABS Investments Group" and "Liberty Group Investments."

Counting on the count - Liberty Tribune
Counting on the countLiberty TribuneWhen it's all said and done, Liberty is thinking it will be the largest wholly contained city within Clay County when the 2010 census is completed. ...and more »

Former Nevada Businessman Indicted for Mortgage Fraud - KLAS-TV
Former Nevada Businessman Indicted for Mortgage FraudKLAS-TVDepue operated several Nevada businesses including: ABS Investments Group, LLC and Liberty Group Investments, LLC. The indictment claims Depue's companies ...Grand jury today indicts company owner, employees for alleged mortgage fraudLas Vegas Sunall 5 news articles »

One Liberty Properties, Inc. Announces an All Cash Dividend and Results of ... - MarketWatch (press release)
One Liberty Properties, Inc. Announces an All Cash Dividend and Results of ...MarketWatch (press release)For the three months ended December 31, 2009, One Liberty had rental income of $9838000 and net income of $9105000, or $.81 per diluted share. ...and more »

The Port Arthur News, Texas, Bob West column - American Chronicle
The Port Arthur News, Texas, Bob West columnAmerican ChronicleHe's currently living in the Houston area where he's a loan officer for Liberty Mortgage . . . Speaking of Halls of Fame, John Randle's election to the NFL ...

STAFF and WIRE REPORTS - Las Vegas Review - Journal
STAFF and WIRE REPORTSLas Vegas Review - JournalThey include ABS Investments Group and Liberty Group Investments. Arrest warrants have been issued for Depue, who now lives in Gilbert, Ariz., and Barney. ...

Mom, Apple Pie and Mortgages - New York Times
Mom, Apple Pie and MortgagesNew York TimesAmerican mortgage institutions encourage people to take a leveraged position in the real estate market, which is quite risky because home prices can and do ...and more »

Mark Levin would make Reagan proud - Daily Caller
Mark Levin would make Reagan proudDaily CallerHe went on to disclose that he embarked on the sixteen-month journey to complete Liberty and Tyranny because “…I felt that conservatism needed to better ...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

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