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Tennessee AD says he hasn't hired anyone - FOX NewsThere was at least one news report Wednesday that Tennessee had made an offer to former Oakland Raiders coach Lane Kiffin and that Kiffin was believed to be assembling a staff of assistants. Hamilton says any report of a job offer is "incorrect ...
Redstone Said to Consider Sale of Theater Chain to Hold On to CBS ... - BloombergNov. 25 (Bloomberg) -- Sumner Redstone may sell the theater chain owned by his National Amusements Inc. holding company to keep control of CBS Corp. and Viacom Inc. , according to a person with knowledge of the discussions. Redstone told bankers he ...
Johnson helps Tennessee rout Western Carolina - FOX NewsKNOXVILLE, Tenn. — Freshman Glory Johnson tied a career-high with 19 points and ninth-ranked Tennessee rolled to an 83-56 victory against Western Carolina on Tuesday night. The Lady Vols (4-1) rallied from a sluggish start to pull away late in the ...
Redstone May Sell Theater Chain to Retain CBS, Viacom (Update2) - BloombergNov. 25 (Bloomberg) -- Sumner Redstone may sell the theater chain owned by his National Amusements Inc. holding company to keep control of CBS Corp. and Viacom Inc. , according to a person with knowledge of the discussions. Redstone told bankers he ...
Election 2008: Barack Obama in the news - NewsdayGeorgia residents packed polling places as early voting began in earnest this week, waiting as long as eight hours in line to cast ballots and forcing some voting sites to stay open deep into the night. Polls have been open in Georgia since Sept. 22 ...
MarketGraphics head pitched for HUD post - Nashville Business JournalA Nashville housing analyst is being pushed as a candidate for President-elect Barack Obama’s cabinet. Some State Democratic leaders are backing Edsel Charles for the nation’s top housing job as secretary of Housing and Urban Development. Charles ...
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