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News about Mortgages
Too many cooks in Charleston's kitchen? Surging culinary scene stirs debate ... - Charleston Post Courier
Charleston Post CourierToo many cooks in Charleston's kitchen? Surging culinary scene stirs debate ...Charleston Post CourierMore recent bubbles culminated in the dotcom crash of the late 1990s and the subprime mortgage crisis that unfolded after housing prices peaked in 2006. “The concern is sharp increases ... Economists are very, very cautious about declaring real bubbles ...and more » Real estate transactions, Feb. 1, 2015 - Quad-Cities Online
Real estate transactions, Feb. 1, 2015Quad-Cities OnlineFederal National Mortgage Association, Dallas, Texas, to Quad Cities Properties, Port Byron; 2513 7th St., East Moline; $39,000. Gripp ... Wright, Vivian I., estate to Wright, Cary W., trust; Aldrich's Subdivision, Lot 10, Block 5, Geneseo; $100,000 ...and more » Real Estate Transactions for Miami County - Piqua Daily Call
Real Estate Transactions for Miami CountyPiqua Daily CallEstate of Dorothy Rhoades, Leila Watson, executor to Candice Marshall, one lot, $39,000. Federal National Mortgage Association, Law Offices of John D. Clunk, LPA, attorney in fact, to Shaun Holthaus, one lot< $0. ... Patricia Singer, Beverly Stark ... Community activists call Bucks co-owner 'slumlord' - WISN Milwaukee
Community activists call Bucks co-owner 'slumlord'WISN MilwaukeeThere was a chorus of boos for Milwaukee Bucks co-owner Wes Edens near 44th and Wright streets in Milwaukee on Thursday. ... WISN 12 News verified the house is owned by Wes Edens' Nationstar Mortgage Co., of Lewisville, Texas. Protesters said ...and more » Review: 'Two Days,' one mission - U-T San Diego
U-T San DiegoReview: 'Two Days,' one missionU-T San DiegoBut she and her husband won't be able to pay their mortgage without her income, so she's forced to subject herself to what is psychologically taxing and utterly humiliating, both for her and the people she is forced to approach. And yet, it's also ...and more » WSFS Financial Corporation (WSFS) CEO on Q4 2014 Results - Earnings Call ... - Seeking Alpha (registration)
WSFS Financial Corporation (WSFS) CEO on Q4 2014 Results - Earnings Call ...Seeking Alpha (registration)Good day, ladies and gentlemen, and welcome to the WSFS Financial Corporation Fourth Quarter and Full Year 2014 Earnings Conference Call. [Operator Instructions]. I'd now like to turn the conference call to Mr. Steve Fowle, Chief Financial Officer.and more » New Orleans property transfers, Jan. 9-Jan. 14, 2015 - The New Orleans Advocate
New Orleans property transfers, Jan. 9-Jan. 14, 2015The New Orleans Advocate1205, UNIT 1117: $140,000, Ernest B. White III, succession of Elizabeth M. White, Sarah White and Martha White Wright to Lea R. Johnson and Kiel E. Johnson. ST. ... 2420: $115,000, Reverse Mortgage Solutions Inc. to R&R Investment Group LLC. LOUISA ... SocGen Enters CMBS Market in U.S. by Hiring Team From RBS - Bloomberg
SocGen Enters CMBS Market in U.S. by Hiring Team From RBSBloomberg(Bloomberg) -- Societe Generale SA is entering the U.S. commercial-mortgage-backed securities market and has hired a team of more than 10 people from Royal Bank of Scotland Group Plc for the effort. Wayne Potters, who most recently led RBS's ...and more » Gas blast at Mexico City children's hospital, dozens injured - Lynchburg News and Advance
Gas blast at Mexico City children's hospital, dozens injuredLynchburg News and AdvanceAverage US rate on 30-year mortgage rises to 3.66 pct. WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels. .... one nephew who she thought ...and more » Canyon Trimming Bets on Mortgage Bonds After Making $7 Billion - Bloomberg
Canyon Trimming Bets on Mortgage Bonds After Making $7 BillionBloomberg(Bloomberg) -- Canyon Partners is paring its bullish investments in the mortgage-bond market after the hedge fund made about $7 billion in the past decade capitalizing on opportunities leading up to and following the financial crisis. Canyon's holdings ...and more »
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms