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Local volunteers headed to Louisiana to build - Battle Creek EnquirerLocal volunteers headed to Louisiana to buildBattle Creek EnquirerA team of local volunteers are headed to St. Tammany West, Mandeville, Louisiana to help build. They are a part of a group of skilled volunteers from across ...
IN RE SMURFIT-STONE CONTAINER CORPORATION - Leagle.comIN RE SMURFIT-STONE CONTAINER CORPORATIONLeagle.comIn re Washington-St. Tammany Electric Cooperative, Inc., 111 BR 555, 559 (Bankr. ED La. 1989). Here, the Debtor has produced no evidence that the ...and more »
STATE v. GALATAS - Leagle.comSTATE v. GALATASLeagle.comTimothy contacted the St. Tammany Parish Sheriffs Office, and soon made a list of items that were missing from his home. After reporting the missing items, ...
Home prices in New Orleans area down 4 percent: 'terrific' by national standards - NOLA.comNOLA.comHome prices in New Orleans area down 4 percent: 'terrific' by national standardsNOLA.comAreas like the east bank of Jefferson Parish, western St. Tammany Parish, Plaquemines Parish and Tangipahoa parish appear to be bottoming out and could ...
'Very fortunate': Louisiana, Cenla foreclosure rates comparatively low - Alexandria Town Talk'Very fortunate': Louisiana, Cenla foreclosure rates comparatively lowAlexandria Town TalkThree New Orleans area parishes -- St. Tammany, Jefferson and Orleans -- accounted for 615 of the 1202 foreclosures. "I don't think we're seeing any type of ...and more »
JOLIE MAISON DEVELOPMENT COMPANY, L.L.C. v. DRAKE - Leagle.comJOLIE MAISON DEVELOPMENT COMPANY, L.L.C. v. DRAKELeagle.com... "Action to Confirm and Quiet Title to Real Estate and for Cancellation of Mortgage," seeking to confirm its title to immovable property in St. Tammany ...
Phillips prepares for life after prison - Jackson Clarion LedgerPhillips prepares for life after prisonJackson Clarion Ledger13, 2006, Phillips and his wife, Shelly, were charged with felony theft in St. Tammany Parish, La., for allegedly failing to repay $680000 owed to banks. ...and more »

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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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