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City can proceed with Wells Fargo lawsuit - Baltimore Sun
The Plain Dealer - cleveland.comCity can proceed with Wells Fargo lawsuitBaltimore Sun... could gain access to the inner workings of one of the largest mortgage providers in the region. US District Judge Benson E. Legg wrote in a memo ...Baltimore Court's Decision Allows Wells Fargo to Set Record StraightWELT ONLINEJudge won't dismiss City's suit against Wells FargoDaily Record (subscription)Wells Fargo loses bid to end Baltimore mortgage suitReutersReuters India -WBAL Radio -Baltimore Sunall 341 news articles »

Judge's ruling in mortgage-lending case is days away - Baltimore Sun
BBC NewsJudge's ruling in mortgage-lending case is days awayBaltimore SunUS District Judge Benson E. Legg listened to more than four hours of testimony and depositions Monday and said he could decide as soon as Tuesday whether ...Wells Fargo wants Baltimore subprime suit dismissedReutersBaltimore to make case against Wells FargoExaminer.comJudge could rule on 'ghetto loans' MondayUnited Press InternationalPeople's Weekly World -Daily Record (subscription) -Baltimore Sunall 42 news articles »

Bank Accused of Pushing Mortgage Deals on Blacks - New York Times
Bank Accused of Pushing Mortgage Deals on BlacksNew York TimesJudge Benson E. Legg of Federal District Court had asked the city to file the additional paperwork and has not decided whether the lawsuit can go forward. ...and more »

Peltz, Kurland Seek Stock Sales to Buy Mortgages - Bloomberg
Peltz, Kurland Seek Stock Sales to Buy MortgagesBloombergAnne Tarbell, a spokeswoman for Trian, and Matthew Benson, a spokesman for Thomas H. Lee Partners, both declined to comment. A call to Kurland's office was ...and more »

Copley police honored for role in breaking crime ring - Akron Leader Publications
Copley police honored for role in breaking crime ringAkron Leader PublicationsFire Chief Mike Benson requested approval to hire 10 part-time firefighter/paramedics to replace staff who have retired or resigned. ...and more »

Dresdner Drops From Federal Reserve's Primary Dealer Network - Bloomberg
Dresdner Drops From Federal Reserve's Primary Dealer NetworkBloombergKleinwort Benson Government Securities Inc. became a primary dealer in 1980 and dropped from the network in 1989. After a merger with Dresdner, ...and more »

Senate rejects try to kill Dome work - 2TheAdvocate
Senate rejects try to kill Dome work2TheAdvocateAmedee argued Saints owner Tom Benson does not need help from the state. He said the money should go to higher education, slated for heavy budget cuts in ...and more »

Bank of America, Citi, JPMorgan, Wells Stk Futures Mixed Before ... - Ub News
Bank of America, Citi, JPMorgan, Wells Stk Futures Mixed Before ...Ub NewsJudge Benson Legg of the Maryland Federal District Court announced the Court`s intention to move forward to the next stage of litigation, discovery and ...and more »

Gizzi on Politics, June 29, 2009 - Human Events
Gizzi on Politics, June 29, 2009Human Events(2002-04) Craig Benson, the 39-year-old Ayotte was appointed as her state's top law enforcement official by Benson in '03. The first female attorney general ...and more »

Hustlers turn on charm in Broadway Rose Theatre Company show - The Regal Courier
The Regal CourierHustlers turn on charm in Broadway Rose Theatre Company showThe Regal CourierLeif Norby, who plays Lawrence Jameson, and Wade Willis, who plays Freddy Benson, have acted in half a dozen metro-area productions together, ...and more »

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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.

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