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Conflict of Interest: Burson-Marsteller and Hillary Clinton's Alliance - FOX NewsMark Penn, Hillary Clinton’s chief strategist and the Worldwide CEO of international public relations/ lobbying firm Burson-Marsteller, wrote those telling words in his confidential internal corporate blog . Given the breadth of his company’s ...
Some Mainers still need help in home crisis - Bangor Daily NewsWASHINGTON — Maine’s foreclosure rate is low compared with other states. But homeowners facing foreclosure still need help, state officials say. Of the 435 congressional districts nationally, Maine’s 1st and 2nd Districts rank 402nd and 388th ...
Fox News: Barney Frank Escaped Blame for Fannie Mae's Problems Because ... - Huffingtonpost.comWhen Barney Frank corrected him, Bill O'Reilly threw a tantrum in front of 5.6 million viewers . Then things got interesting. The next day, the Washington Deputy Managing Editor at Fox News uncovered a new angle on the financial crisis. Bill Sammon ...
Obama Needs a Protest Movement - Common DreamsThe astonishing election of 2008 is over. Whatever else the future holds, the unchallenged domination of American national government by big business and the political right has been broken. Even more amazing, Americans have elected an African ...
These Loans Were Made for Walking: The End of the Subprime Crisis - Common DreamsWe are nearing the end of the subprime crisis, but this is not exactly grounds for celebration. There are still millions of low- and moderate-income homeowners who are facing the loss of their house through foreclosure. Nothing currently on the ...
funny :+2 - ksl.comWhen they could have done something about it. The signs were there, I saw them and so did many other people. This bailout is nothing but an attempt steal tax payers money to keep irresponsible companies in business. Paulson and Bernanke have already ...
Deep Events and the CIA’s Global Drug Connection - Uruk Net"L'Assemblea Generale dichiara che: la soggezione dei popoli a dominio straniero, conquista e asservimento costituisce una negazione dei diritti umani fondamentali, è contraria alla Carta delle Nazioni Unite ed è un impedimento alla promozione ...
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