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News about Mortgages
Frank Petrie joins Wright-Patt Credit Union as Director of Retail Mortgages - CUinsight.com (press release)
CUinsight.com (press release)Frank Petrie joins Wright-Patt Credit Union as Director of Retail MortgagesCUinsight.com (press release)BEAVERCREEK, OH (April 27, 2016) — Wright-Patt Credit Union (WPCU) has announced the addition of Frank Petrie as Director of Retail Mortgages. Petrie has more than 11 years of mortgage lending experience and over 20 years of experience in the ...and more » The Newlyweds' Guide to Buying a Home - Fox News
Fox NewsThe Newlyweds' Guide to Buying a HomeFox NewsA good rule of thumb: "Your mortgage expenses should be no more than 30% of your take-home income," advises Wright. (Use realtor.com's Home Affordability Calculator to assess your buying power.) But keep in mind, you could be paying off that mortgage ... Netball gets ready for its own State of Origin showdown as Swifts seek Firebirds revenge - Courier Mail
Courier MailNetball gets ready for its own State of Origin showdown as Swifts seek Firebirds revengeCourier MailBut Wright admits it will take a finals-type performance for NSW to break its hoodoo on Sunday. “When we play the Firebirds or Queensland, it's just on,” he said. “I think it's already a massive rivalry. The grand final last year, obviously we were on ...and more » Ask Sandy: My in-laws are ruining my marriage; I'm bored and unfulfilled - The Advertiser
The AdvertiserAsk Sandy: My in-laws are ruining my marriage; I'm bored and unfulfilledThe AdvertiserAfter 18 years of marriage, two children, two dogs, two cars and one mortgage, I feel incredibly bored and unfulfilled. Once upon a time I had a career. I have given most of our marriage to the service of everyone else. They are tracking beautifully. I ...and more » Urban Injustice: How Ghettos Happen, an Interview with David Hilfiker - CounterPunch
Urban Injustice: How Ghettos Happen, an Interview with David HilfikerCounterPunchBefore that, you had to be able to put down about 50 percent of the price of the house before the bank would give you a loan for a mortgage, which meant that most people couldn't buy homes. So the Feds said 10 percent, or seven percent was enough to ... WHO'S NEWS: Avison Young names New Jersey principal; Jordan Weiss joins Savills Studley - Real Estate Weekly
Real Estate WeeklyWHO'S NEWS: Avison Young names New Jersey principal; Jordan Weiss joins Savills StudleyReal Estate WeeklyHe brings a decade of commercial real estate experience to, having completed office leasing assignments for notable companies such as Locus Telecommunications, Statements Solutions Inc., Kamson Corporation, Curtis Wright, Bacardi, Hanjin Shipping ... Business Of Disaster: Insurance Firms Profited $400 Million After Sandy - KTOO
KTOOBusiness Of Disaster: Insurance Firms Profited $400 Million After SandyKTOODoug Quinn has been living in a rented home in Toms River, N.J., while he still pays his mortgage and flood insurance on his house that was destroyed by Superstorm Sandy. ..... Wright acknowledges FEMA sent appeals to insurance companies. Wright says ...Can FEMA's Flood Insurance Program Afford Another Disaster?FRONTLINEall 76 news articles » News of Record for Thursday, May 26, 2016 - Daytona Beach News-Journal
News of Record for Thursday, May 26, 2016Daytona Beach News-JournalJulia M. Bruno Lozada, real property; Federal National Mortgage Association v. estate of Mary Jane Rodriguez, real property; Branch Banking and Trust Co. v. Brandon Wilson, real property; Nationstar Mortgage LLC v. Febra Schafrick, real property ... Mortgage lender moving office from Fort Mill to southwest Charlotte - Charlotte Business Journal (blog)
Mortgage lender moving office from Fort Mill to southwest CharlotteCharlotte Business Journal (blog)A mortgage lender is moving its local call center from Fort Mill to southwest Charlotte. Home Point Financial recently ... A.J. Whitehead at Avison Young and Atlanta-based Scotland Wright Associates represented Home Point Financial. American Asset Corp. Purdue Pharma: Corporate Fraud With a Body Count - AlterNet
AlterNetPurdue Pharma: Corporate Fraud With a Body CountAlterNetJust like a mortgage securitization machine that eventually resulted in mortgages for homeowners who did not qualify for them, Purdue Pharma recommended OxyContin be prescribed to patients and for durations unprecedented in modern medical practice. The ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
View all Terms