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News about Mortgages:
York County deed transfers for March 18 - York Daily RecordYork County deed transfers for March 18York Daily Record1624 Stanton St., W. York: Allen W. Smeltzer to Leonard and Lora J. Vanoudenaren and Leonard and Lora J. Van Oudenaren for $95000. ...
Champion man gets 1 year in jail for fraud on mortgages - Pittsburgh Tribune-ReviewChampion man gets 1 year in jail for fraud on mortgagesPittsburgh Tribune-Review... mortgage payments, the second lending institution had no legal rights against the property. The scheme involved properties in Greensburg, New Stanton, ...
Ask a real estate pro: What happens when the appraisal comes in too low? - Sun-SentinelAsk a real estate pro: What happens when the appraisal comes in too low?Sun-SentinelIn addition to considering a new forward mortgage, you may also want to consider a reverse mortgage. The government has really strengthened its reverse ...and more »
H. Stanton Johnson; Mortgage Banker, Active at Calvary - Palisadian-PostPalisadian-PostH. Stanton Johnson; Mortgage Banker, Active at CalvaryPalisadian-PostH. Stanton Johnson, a longtime Santa Monica resident and a member of Calvary Church of Pacific Palisades since 1963, died at home February 23 at the age of ...
The Biggest Financial Bailout of Them All - Huffington Post (blog)The Biggest Financial Bailout of Them AllHuffington Post (blog)'I think it's very dangerous and it's a sign that people are very frightened,' said Thomas H. Stanton, an expert on the two companies who teaches a course ...and more »
AIG, Citigroup, Fannie Mae, Freddie Mac Shares Surge - BusinessWeekAIG, Citigroup, Fannie Mae, Freddie Mac Shares SurgeBusinessWeek--With assistance from Hugh Son, Joanna Ossinger, Rita Nazareth, Elizabeth Stanton, Sapna Maheshwari, Lynn Thomasson and Clyde Eltzroth in New York and ...and more »
· Public records for Feb. 20, 2010 - Daytona Beach News-Journal· Public records for Feb. 20, 2010Daytona Beach News-JournalSUITS: JP Morgan Chase Specialty Mortgage LLC v. Paul Stanton, real property; BAC Home Loans Servicing LP v. Robert C. Hill II, real property; ...and more »
Charlotte County Real Estate Transactions, January and February 2010 - Sarasota Herald-TribuneCharlotte County Real Estate Transactions, January and February 2010Sarasota Herald-TribuneMiller, Rebecca R and Miller, Stanton G, to Swanson, Robert A and Swanson, Rosalind M, Lot 63 Oyster Creek Subdivision $185000. Premium Mortgage Inc ...
Moving for a job? Be prepared to pay the price - msnbc.comMoving for a job? Be prepared to pay the pricemsnbc.com“A lot of people are landlocked because companies want to pay less, not more, to bring in new talent,” said Nancy Keene, director at recruiting firm Stanton ...
Funding heats up co-ops - Orillia Packet & TimesFunding heats up co-opsOrillia Packet & TimesThe funds are granted by the Canada Mortgage and Housing Corporation (CMHC.) Coral Co-operative Housing Corp. received $90510 while Couchiching Co-operative ...and more »
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