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SaltAire developer sues bank - Press-Register - al.com (blog)SaltAire developer sues bankPress-Register - al.com (blog)Separate lawsuits were filed in Mobile Circuit Court, one by developer Mobile Bay Investments and the other by Bay Mortgage Investors and Burton Investment ...
Borrower makes huge home mortgage payment - Bankrate.comBankrate.comBorrower makes huge home mortgage paymentBankrate.comI have a mortgage loan with Wells Fargo Bank. On Jan. 29, I made an additional home mortgage payment to the ...and more »
Refinance likely, thanks to equity cushion - Bankrate.comBankrate.comRefinance likely, thanks to equity cushionBankrate.comI have a second home worth about $110000 that has $57000 remaining principal on a first mortgage at 6.375 ...and more »
Borrowers in foreclosure prevention plan losing mortgage aid - Washington PostBorrowers in foreclosure prevention plan losing mortgage aidWashington Post"It sounds like fringe success when what we really need is an increase in permanent modifications to stem the tide of foreclosures," said John Taylor, ...and more »
Consumer regulations need better watchdog than US Senate bill provides - Providence JournalProvidence JournalConsumer regulations need better watchdog than US Senate bill providesProvidence JournalIt's been two years since the subprime mortgage crisis rocked the housing market, dragging down property values. Eighteen months have passed since the ...and more »
Mortgage refinance may hurt financial flexibility - Bankrate.comBankrate.comMortgage refinance may hurt financial flexibilityBankrate.comI am currently in the home improvement contract phase with an estimated $72000 kitchen/bathroom project at ...and more »
Though more people move back home, a debt management plan may help reduce ... - Debt Consolidation ConnectionDebt Consolidation ConnectionThough more people move back home, a debt management plan may help reduce ...Debt Consolidation ConnectionOthers have taken on additional roommates in order to help make their rent or mortgage payments. Other concerns that could be vexing consumers include ...and more »
03/21 - Real Estate Transfers - Bradenton Herald03/21 - Real Estate TransfersBradenton Herald$323530 Gartland Thomas, Southworth Gartland Katherine, Southworth Katherine to Federal National Mortgage Association, Lot 55 Oakley Place, OR Book 02331 ...
Quantitative Easing at the Fed and the Bank of Japan - Wall Street Pit (blog)Quantitative Easing at the Fed and the Bank of JapanWall Street Pit (blog)By John B. Taylor|Mar 20, 2010, 7:11 PM|Author's Website Next Thursday March 25 the House Financial Services Committee will hold a hearing on how the Fed ...and more »
Greenspan Says Fed, Regulators 'Failed' During Crisis - BusinessWeekDaily MailGreenspan Says Fed, Regulators 'Failed' During CrisisBusinessWeekInstead, a global savings glut led to low mortgage rates and housing booms across nations, he said. “The house price bubble, the most prominent global ...Economics focus It wasn't usEconomistGreenspan Concedes That the Fed Failed to Gauge the BubbleNew York TimesGreenspan Endorses Contingent CapitalistockAnalyst.com (press release)Financial Times -Wall Street Journalall 133 news articles »

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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 |